How they got there: Transitioning to Investment Banking Operations
What is Investment Banking?
Investment banking is a section of banking that exclusively deals with capital creation for governments, companies, and any other entity in the position to influence the capital market. Its activities comprise equity securities and underwriting new debt for corporations. It also facilitates mergers and acquisitions, reorganizations, and the sale of securities. The investment broker in this case trades for both private investors and institutions. Professional and skilled investment bankers assist governments and corporations to manage and plan the financial angles of big-budget.
If you are interested in bagging investment banking jobs in the future a few more dimensions of this profession.
Investment banks largely help government bodies and big firms to manage and plan large projects, assist in complex monetary transactions and help pre-empt possible risks associated with the projects thereby saving the time, effort, and money of their clients.
Role of Investment Banker
Now that you have obtained a brief idea about investment banking, you are probably wondering what the part of an investment banker is after completing an investment banking course?
As mentioned above investment bankers are those crucial individuals who act as the bridge between the investor and the big projects. They are financial experts who need to be in step with current trends in the financial world. Businesses, firms, and governments will turn to an investment banker for solid advice and they will be required to modify their recommendations and game plan to suit the current climate of economic affairs in the macroeconomic world.
The Link Between Rothschild Family and Investment Banking
Rothschild and Co. is an investment bank and financial services provider of a multinational stature. The flagship Rothschild group is under the reins of the British and French branches of the Rothschild family. The banking and financial services firm is over two centuries old and is known to serve the financial needs of the British Royal family.
The Rothschilds come from an influential banking legacy that traces its origins back to Frankfurt. The empire was put together way back in the 18th century by Mayer Amschel Rothschild with his five sons, James, Nathan, Saloman, Carl, and Amschel. The Rothschilds are considered stalwarts when it comes to international finance development with branches in Vienna, London, Naples, and Paris.
They started as a small business family with investments in foreign exchange and trading goods and slowly over the decades grew in stature. They have by now also been an intrinsic part of big projects such as the building of notable tunnels, bridges, and the very famous Suez Canal. Currently, Rothschild's wealth and influence are distributed among their heirs living in different parts of Europe and their holdings span a plethora of industries ranging from real estate, financial services, energy, mining, and charitable work.
Aside from Rothschild & Co, here is a list of the top investment banking firms worldwide
- Goldman Sachs
A 150-year-old company with more than $2.5 trillion in assets
- JP Morgan Chase & Co.
One of the largest financial institutions is made up of two divisions; the Chase side which handles commercial banking and business and the JPMorgan side which is completely involved in investment banking.
It is a huge investment banking firm in the UK and the US with $1.4 trillion in assets
Starting in 1856, it is one of the biggest Swiss banks known for its privacy policies and professionalism with USD 1.75trillion in assets.
- Deutsche Bank
It is one of the top 10 investment banking institutions in Europe with 1.3 trillion assets in Euros.
Skills Required to Become an Investment Banker
To become a certified investment banking operations professional, you will need the following skills:
- A strong intellect for grasping the aspects of mathematics, analytics, economics, and finances
- Diligence and self-discipline to stick it out in a highly demanding work environment
- Creativity to approach your task in an innovative way
- Open-mindedness with proficiency to communicate in more than one language will make you a desirable candidate in the world of investment banking
- Academic inclination towards anthropology, sociology, and linguistics are characteristics that are highly sought after
- The ability to strike up conversations, foster new connections, and build life-long relationships are key skills that are looked for in an aspiring investment banker
About Certified Investment Banking Operations Professional (CIBOP)
If you have set your mind to become a full-time investment banker then a certified investment banking operations professional course is tailor-made for you. This course offered by Imarticus amongst many other institutions aims to equip you with all the skills required to become an expert in 180 hours. When you enroll in this investment banking course, you will have the following perks:
- Pick up on job-specific skills
- Get an opportunity to explore investment banking jobs in one of the biggest placement drives
- Be awarded a Euronext Group endorsed CIBOP certificate
- Get to experience 360-degree learning with trading simulations in live sessions
With a certificate in certified investment banking operations professional from a reputed institution, you will be one step closer to your dream of working as an investment banker in some of the biggest firms in the world.