A career in investment banking is a dream for most BCom graduates. Such fields promise outstanding salaries, and career prospects besides providing career growth opportunities, and more. Investment banker positions are not related to numbers only rather demand a set of very exceptional skills and finance market knowledge including risk management along with client's relations.
Did you know, according to research, more than 40 thousand job openings are projected each year in investment banking, primarily due to workforce transitions and retirements?
This industry has only a few challenges with cut-throat competition. An investment banking course from a great institution would help you gain the right skills and expertise. It is perfect to build strong networking as well.
What is Investment Banking?
Investment banking is helps clients-whether firms and governments-in raising funds and mitigating risk along with other significant transactions, such as mergers or acquisitions. It also includes activities like advising clients on investments, managing securities, and even helping businesses go public.
A career for someone with a BCom degree, certainly exciting and high-paying opportunities lie ahead. If interested in investment banking jobs after BCom, you require a combination of technical skills like financial modeling, good analytical thinking, and great communication abilities.
The industry is extremely competitive, so a proper set of skills will be needed to give a better lead. Investment banking courses will help you get all that knowledge by which you can succeed and stay out of the whole lot.
It can get pretty tough sometimes, but surely doable. Some internships and networking with other people in this industry while doing the right investment banking courses, you are good to go. It will give enough growth to an individual at whatever level; one may be an entry-level analyst or a career shift over to corporate finance.
Investment Banking Jobs After BCom
BCom graduates are well-positioned to explore various investment banking roles, such as:
Investment Banking Analyst: This position often involves an entry-level position into investment banking and consists of work that may include the financial modeling part, preparation, and presentation with research in regards to aspects about industries.
Corporate Finance Associate: This is where you have to work together and help clients manage their financial planning, mergers and acquisitions.
Risk Management Analyst: This job involves evaluating financial risks as well as action taken to abate this is a significant portion of activity in investment banking.
Sales and trading: In this role, financial products can be described as the selling and purchasing of securities, bonds, and other varieties of financial securities.
Equity Research Analyst: This job will be an ideal one for one who is analytical-minded as the equity research analyst analyses a company and industries thereof so that investors will make good decisions.
Skills Required for Investment Banking
A profession like investment banking requires some mix of technical and soft skills after graduate degrees in BCom. Two such relevant skills, which come together with investment in banking for those seeking jobs in investment banks, are:
- Financial Modelling: The people working on the investment banking lines need to draft financial models that determine future earnings and cash flows into profitability.
- Analysis Skills: Investment bankers must analyse vast financial data, determine the trends, and end with massive data.
- Attention to Detail: Pay attention to every minute detail without a mistake in contracts and financial reports.
- Time Management: The investment bankers are generally work under deadlines. Proper time management and multi-tasking skills are very much needed.
- Communication Skills: The ability to prepare reports requires good writing and speaking skills as they have to present in front of the client, and work with teams.
- Excel & Financial Software: Advanced Excel skills and knowledge of other financial software are important for analysing data and creating reports.
How to Start a Career in Investment Banking?
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Relevant Courses
A BCom degree is going to put the right base in finance and accounting, but one might need to specialise further before stepping into investment banking. One can consider courses about investment banking- such as security operations, financial markets, wealth management, M&A.
One is Certified Investment Banking Operations Professional by Imarticus Learning. This one has 100% job guarantee, 7 guaranteed interviews, and even a 60% hike in salary. Great for finance graduates looking to mark a difference in investment banking because of the extremely relevant curriculum.
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Internships and Work Experience
Internships would give a feel of experience in handling work in the industry. Several internship options are provided by investment banks for BCom graduates. These projects on live situations would help in gaining the experience of tasting the industry.
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Networking
Networking is highly important in investment banking. If you talk to the industry professionals, attend finance-related events, and get yourself registered on LinkedIn groups, then you will get all the necessary insights and openings regarding the field.
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Keep yourself Updated with Market Trends
One investment banker will have to study the trends of financial markets, economic condition, and other prevalent regulatory changes related to the scenario. Reading financial newspaper, books, and journals are the sources for bringing you near to the requirements of the modern market.
Investment Banking Courses
Courses can fill the knowledge gap for BCom graduates before entering the world of investment banking. It gives in-depth knowledge about what is essentially a critical area- financial analysis, mergers and acquisitions, and market risk.
Imarticus Learning offers the best available course, the Certified Investment Banking Operations Professional. The course is available in both classroom and live online training modes.
- 3-6 month duration options to fit different schedules
- Expert-led sessions covering securities operations, wealth management, and financial markets
- Real-world case studies and scenarios to give you practical knowledge
- A chance to interact with industry professionals through webinars and workshops
Career in Investment Banking
Investment banking professionals are always in demand. Listed are some of the benefits of this career:
- High Salaries: Investment bankers are known to be among the highest income-generating professionals in finance. Their years of experience offer salaries from ₹6-30 LPA.
- Global Opportunities: The investment banking sector is global, providing opportunities to work with multinational banks and financial institutions.
- Diverse Roles: From research analysts to mergers and acquisitions specialists, there are a variety of roles in investment banking that suit different skills and interests.
FAQs
- What is the best way to start investment banking careers after BCom?
Begin with a good course like Certified Investment Banking Operations Professional from Imarticus Learning. Here you can gain great experience, build right skills, and expertise along with a professional network.
- How difficult is getting an investment banking job after BCom?
If you have the right skills, industry’s practical know-how and expertise that gains professional networking then you are in the right direction of securing a great career.
- Are there any certifications to help secure an investment banking job?
Imarticus Learning’s Certified Investment Banking Operations Professional can get you your dream job in investment banking.
- What skills are essential for a career in investment banking?
Important skills include financial modelling, analytical thinking, attention to detail, time management, communication, and expertise with financial software.
- Can I work in as an investment banker with a BCom degree?
For entry roles, you can try proceeding with a BCom degree. Further if you want to specialise you can get a certification like Imarticus Learning’s CIBOP.
- How long does becoming an investment banker after BCom take?
With the right course and internship experience, it can take 1 to 3 years to enter the field of investment banking.
Conclusion:
The investment banking arena is always offering and expanding career choices. In the beginning, investment banking careers can be achieved after BCom graduation, there is a requirement to combine experience, industry knowledge, and relevant education. Experience and preparation will show the way in expanding students' access to the successful leads of investment banking careers opportunities.
If you are serious about building a career in investment banking, consider grabbing a course like Certified Investment Banking Operations Professional from Imarticus Learning to get the industry-specific training and job placement assistance needed to accelerate your career.
