Last updated on April 2nd, 2024 at 09:25 am
A career in investment banking is considered a reputed job in the banking industry. This segment of banking is expected to grow in the coming years, thus generating job opportunities for ambitious professionals.
According to the Global Investment Banking Market Report 2022, the market share of global investment banking is projected to grow from $138.95 billion in 2021 to $231.12 billion in 2026. The compound annual growth rate (CAGR) is pegged at 10.4%.
Let us understand how a well-curated investment banking certification course can equip you with the skills and knowledge needed to excel in this field.
An overview of investment banking
Investment banking is a category of banking. It services institutional clients such as companies, governments and other types of organisations.
The various services provided include -
Enabling organisations to raise capital for various projects.
Assisting companies with mergers and acquisitions documents.
Various types of advisory services.
Investment banks play the role of transaction underwriters to protect the financial interest of their clients during the process of raising capital.
Some of the top investment banks today are -
Barclays
Bank of America Merrill Lynch
JP Morgan
Goldman Sachs
Morgan Stanley
As you can imagine, investment bankers work on transactions that run into billions of dollars. Thus, they need to have expertise in market scenarios. They must be well-informed about the latest regulations. They must know financial models that can be leveraged to oversee a transaction.
Careers in investment banking
Professionals can play many roles in the investment banking sector. You can join an entry-level position and grow your skills. As you discover your interests, you can work towards a specialisation of your choice.
There are many specialisations you can choose from -
Capital Building
Hedge Fund, Mutual Fund and Pension Fund Advisory Services
Corporate Restructuring
Divestitures and Mergers and Acquisitions
Choose a role based on your interest and expertise. Here is a list of opportunities:
Financial Analyst
Investment Banking Associate
Risk Management Consultant
Money Market Analyst
Global Finance Researcher
Anti Money Laundering Specialist
Capital Market Operations Consultant
Executive Director in Clearing Services
Corporate Banking Treasurer
Regulatory Reporting Analyst
Financial Market Advisor
Investment Banking Operations Lead
Investment banking courses with placement Assistance
Earlier, you needed to pursue a full-time on-campus Master of Business Administration programme to become an investment banker. The course would take around two years, and significant financial investment.
However, investment banking is a dynamic field. It evolves every year. Thus, we recommend you should pursue a specialist programme that comes with a recognised certification. You will also be enrolled in it for a much shorter period.
If you are a recent graduate of commerce, you can consider a three-month investment banking program. This can be pursued online. You can continue to attend your day job while pursuing your investment banking education on weekends (or during the week), as per your schedule.
You should keep the following things in mind when choosing a course -
The curriculum must cover all topics related to contemporary investment banking.
It must provide hands-on training via capstone projects. For instance, access to trading simulations enables you to make decisions. It also helps get a deeper understanding of various derivative products.
Your investment banking course must give you access to a vast collection of on-demand resources. This enables self-study, and the potential to study flexibly.
Pursue banking courses with placement support. Look up the alumni placement record of your programme. Ensure that you will have access to career guidance, mentorship and interview preparation.
Ensure that the program is accredited by a globally recognised body such as the Chartered Institute for Securities & Investment (CISI).
Fees
The average cost of a full-time MBA ranges between ₹4 lakhs and ₹40 lakhs.
On the other hand, pursuing a virtual, three-month investment banking programme enables you to drive gain knowledge at a lower cost. The average cost of such a programme ranges between ₹1 lakh and ₹2 lakhs. To avoid taking loans and accumulating student debt, you can seek out zero-interest EMIs for pursuing this course.
Conclusion
The life of an investment banker comes with opportunities, challenges and recognition. If you are an ambitious commerce graduate, you should consider an opportunity in investment banking. The sector is expected to continue growing over the next decade.
To know about Imarticus’ Certified Investment Banking Operations Professional course, contact us through chat support. You can also visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon or Ahmedabad.
