Are you also a BCom passed out and looking for interesting career options? In that case investment banking is a good catch! Investment banking can generally be described as to raise capital for a business, managing risks, and making financial decisions. The best part is that professionals specialising in investment banking are now highly sought after.
This investment banking sector is expected to grow 7% from 2022 till 2032. It's way more than any other sector that is growing. You will have more jobs coming up and even better opportunities through which you could get your foot in, as a result, you will have an excellent career.
Investment Banking Roles After BCom
So, what roles can you aim for if you're interested in an investment banking career path? After completing your BCom, you can start in positions like Investment Banking Analyst or Corporate Finance Associate.
Generally speaking, such roles in those profiles expose you to a lot of financial data and supports regarding mergers and acquisitions towards business activities, fund raising activities. Thus, if numbers and finance really attract you, these entry-level types of positions are never bad at all.
For those who want to go deeper into financial strategy, roles like a Risk Management Analysts could be a good fit. In this role, you’ll assess potential risks in financial transactions and help to mitigate them. It’s all about making sure things run smoothly and that businesses avoid unnecessary risks. These are just a few examples of the many investment banking roles after BCom.
Investment Banking Career Options After BCom
There are many careers in investment banking. One good job would be a Sales and Trading Analyst if one is interested in market trends and trading. It is mainly engaged in buying or selling different kinds of financial products so as to enable its clients to carry on their portfolio.
You might just find yourself fitting very well in this career if you are a detail freak who enjoys digging deep into companies and industries. You might be that equity research analyst analysing businesses, giving insight, and coming up with recommendations on trends within the market. More clients would mean an Asset Management Analyst job title-and assisting them in doing the right thing in managing investments for you to realize your financial objectives.
The options are endless, and each role has its own exciting challenges.
How to Transition from BCom to Investment Banking
You must be wondering how to transition from BCom to Investment Banking. Good news is you can do this-very much possible-if only you are willing to learn how to do things the right way. Of course, your BCom degree definitely provides you with a broad-based foundation, but it is always helpful to formally enroll in a course which will enable you to prepare for investment banking. You will understand securities, you will understand financial markets, and even risk management through these courses. All these are very important characteristics for an investment banker.
Apart from networking and hands-on experience, there could be pretty cool ways that might make one ease into the industry. Besides, an internship provides an experience about what it might feel working in an investment banking scenario, and this is the opportune time for some very vital connections in forging. For instance, there is a way that with slight effort, a person might have a chance for an investment banking role.
Skills Required for Investment Banking
Undoubtedly, it is one of those professions that require a high level of analytics. Wherever in the job of investment banking, one would have to go through immeasurable data on finance or market trends while making analytical skills. Extreme importance would be given to skills related to financial models as reports drawn from the numbers would involve specific jobs.
Communication skill is equally important to share such results with a client or one's seniors in the team. At some point, somebody has to get things right lest tiny errors made could have vast consequences in finances. Time management skills are really of high importance as this person may also be required, more often than not, to do myriad tasks under crunch time.
Investment Banking Courses
Excellent recommendations would surely help out through preparations by courses for successful success in investment banking activities. So are several professional skills offered by courses along with the various knowledge options, most of which could be great enough. In those options would also be still be the best, for example - Certified Investment Banking Operations Professional, CIBOP.
Its curriculum has quite a vast number of comprehensions on securities operations, wealth management, etc. It has both weekday and weekend patterns with options of flexible 3 months and 6 months. The practical training with industry insight is very good as a tool for gaining skill-set for a career in investment banking.
Frequently Asked Questions
- What are the Investment Banking jobs after BCom?
After completion of BCom, one can join jobs like analyst, associate corporate finance, risk management analyst, etc. in investment banking.
- How to shift from BCom to investment banking?
- Through investment banking courses
- Through intern experience
- By getting introduced with the people who are associated with this job
- What is required to do the Investment Banking jobs after BCom,?
- Analytical brain.
- To understand mathematical calculations.
- Ability to know how to work on technology
- Basic communication skills.
The key skills and competencies are Financial modeling ability, Analytical capabilities, Attention to details, Excellence in communication abilities, and time management
- What is entry job in investment banking?
Entry jobs in the same stream include some as being an Entry-level position at Sales and Trading Analyst, Equity Research Analyst, Asset Management Analyst or Corporate Finance Associate.
- Does BCom students need to take investment banking courses?
Yes, this is supplemented further to customized knowledge and skills for BCom graduates therefore making you a more eligible one for this competitive high-degree field.
- How long an investment banking career lasts?
This is a training program that may take 3-6 months and there are always options made available with a flexible timetable as per your schedules.
- Job opportunities by investment bankers:
This investment banking industry will grow at 7% between the years 2022 to 2032. This therefore means that once entry to the industry is established, there will be a higher chance be there for more people.
Conclusion
Probably one of the most interesting and rewarding jobs that graduates would pursue subsequent to BCom is investment banking. This includes a wide range of jobs: financial analysis, trading, and asset management, etc.
All that one needs is proper skill set, investment banking courses and internships, networking, and so on for a good shot at this dynamic industry.
Register your presence in that class as one of those elites talking about CIBOP fields in investment banks. There waits more for you an unending horizon about professional know-how and know-how into deepened professions. Get there now and, upon entry, experience the gates being flung fully open unto you to achieve investment banking work.
