What is the Starting Salary Of An Investment Banker In India[2023-24]?

Investment Banking is a high-profile job and investment banker salary is one of the highest in the finance industry. This lucrative job is challenging for a fresher due to the limited number of domains.

A course in investment banking can help you earn an attractive starting investment banker salary in India, though more is needed to compete with other high-profile jobs in the market. Yet, it is easier to climb the salary ladder once you have developed the required skills and proven competence in this demanding job.

Investment banking in India

Foreign banks dominated investment banking in India until the 1970s when an Indian bank entered the picture. Investment banking is a complex segment of the finance mechanism worldwide that provides various kinds of financial services.

Why is Investment Banker Salary in India High?

Because of this complexity and its crucial role in business success and corporate profits, handling such services requires specialized skills.

Not only does it need skills, but extreme knowledge of the field to understand the changes and the ability to make rapid decisions as well.

Such demands in the banking and finance sectors opened up the way for a list of job roles such as investment banker or financial analyst. As the job has a complex nature, it’s clear why is investment banker salary so high.

The starting salary

Investment banking jobs offer not just a salary but also bonuses and other incentives according to performance. Effectively, the starting investment Banker salary in India could be anywhere between 2.5-4L per annum.

This salary can grow faster if an MBA degree or other additional degrees or certification courses are added to upgrade the skills. Moreover, experience also matters and holds a higher value in determining the onward investment Banker salary. It is also an opportunity for more leadership roles and quicker promotions.

At the same time, the job has its share of cons, such as being stressed with longer working hours, being vulnerable to market trends, and having fewer opportunities for a quality life away from work. But in the long run, all of these are easily rectified with a better investment Banker salary.

Investment Banking Course

How to make a career in investment banking?

The bare minimum qualification to be a banker is a degree in commerce, finance, or economics. An MBA in finance, degrees such as CA, programs such as Chartered Finance Analyst, or anyone who has undergone an investment banking course in India is also eligible for this job. The more degrees or certifications, the more attractive the profile would be.

In addition, more expertise in mathematical and analytical skills, along with knowledge of Excel and PowerPoint, will help. Having an idea about the Financial Model is also needed, as that gives extra points to the resume. As mentioned, these added skills lead to a better investment Banker salary, even if it is entry-level. There is no single investment banking course to prepare for the list of job roles; instead, there are several certifications and programs to train candidates on the right path and beyond in their careers.

Conclusion

Completing an investment banking course is the beginning of the road to this career. It will provide eligibility for the first step, which is an internship to get hands-on experience. Post that, getting into a leading company as an analyst will open up the door to a lucrative career. Though the courses and certifications would only add to the prospects, the key to a successful career is a natural aptitude for finance and mathematics with an analytical mind can be a banker. One may just need a slight push in the right direction.

My Career Transition Journey In Investment Banking

My Career Transition Journey In Investment Banking

While many students have a clear objective of becoming an investment banker from the very start and hence, they proceed to the standard IB recruitment process, other students take a different approach to building a career in investment banking. 

I’m from the latter category of people, who decided to take a roundabout approach to become an investment banker. In this article, I’ll share some of the major tips that will help you transition into investment banking. 

Is Investment Banking a Good Career to Get Into?

Yes, definitely! 

Investment banking is a great career option if you are interested in the finance sector and wish to pursue an exciting, fruitful, and highly rewarding job. An investment banking career can be very demanding as it requires many skills, abilities, and research. It not only offers enough challenges for the individuals to kick start their career in the most interesting way but also rewards them with attractive salary benefits.

Additionally, there is a massive growth in investment banking careers because of the boom in the finance sector of the country. So, one can stay assured that investment banking is going to stay in demand in the upcoming years. 

Pro Tips to Transition Career into Investment Banking 

I am a computer engineer turned investment banker and below are some tips that helped me make a smooth career shift to the field of investment banking. 

Take Personality and Skill Assessment Test 

A career in investment banking requires multiple professional and personal skills, such as proficiency in computer and software like Excel, working knowledge of accounting and finance, valuation and research skills, and so on. In addition, the people who successfully transition into the finance sector also have some non-finance skills, like interpersonal skills, communication skills, problem-solving abilities, and so on. 

So, the first step I took is testing my abilities and investment banking skills in order to see my fitness for the finance sector. I did this by giving an online career assessment test. You can do the same or even contact a professional career consultant for guidance. This step has greatly helped me to determine how well my skills, knowledge, and abilities match the career requirement in the IB field. 

Research and Conduct Informational Interviews

The next best thing I’ve done towards my transition into the IB career is learning about the sector from its very core. I’ve talked to my friends and colleagues who are already working in this field and it greatly helped me in setting my career path. And if you don’t know anyone in this field, then don’t worry. Another good idea is to join various social networking platforms like LinkedIn to connect with professionals in this field and then take their informational interviews. 

And before conducting an interview, do as much research as you can. Trust me, you can get plenty of knowledge on the internet, but don’t blindly follow anything you read on the internet. Instead, rely on trusted and official sources. 

This step will make sure you have a career road map and thus know what skills and steps you need to become a professional in the field of finance. 

Take a Professional Investment Banking Course 

Finally, the most important step I’ve taken to transition my career into the IB field is enrolling in an investment banking course. Although there are many IB courses available out there, not each one of them is worth considering. Therefore, enroll in a high-quality investment banking course with job interview guarantee, by trusted and reputed institutes. By earning a good certificate in investment banking, you can easily get placed after the completion of your course. 

Once you’ve completed your course, the next thing will be to apply for the jobs and prepare for the interviews. This is perhaps the most important but also the hardest part of transitioning into the IB sector. But if you’ve prepared well, you will sail through this step very smoothly. Since most banks and financial corps hire in January and February, I started my preparation in November itself. During this time, I sent my resumes and took practice tests for the interview round. This gave me an edge over my competitors.  

In general, most IB job interviews consist of three rounds, including a written test, a psychometric test, and a personal interview. For the written round, I prepared really well for quantitative aptitude. Note that this is the most important test as it evaluates your quant skills. Interviewers also ask other questions to test your problem-solving skills under pressure. 

So, this was my transition journey in investment banking. I hope it helps you in achieving your goals. Transitioning into this career is an exciting opportunity and if you prepare well with full dedication, you can land the job of your dreams very soon. Good luck! 

Investment Banking Training in 12 Easy Steps

Investment Banking Training in 12 Easy Steps

In the modern financial and corporate environment, it is essential to learn investment banking. It can be an excellent option for looking for a rewarding career. Alongside being a highly sought-after career choice, it offers the highest growth potential for everyone of hard work valued financially and in terms of recognition and satisfaction.

Steps to Follow to Become a Successful Investment Banker

customized corporate training

If you are thinking about what it takes to become an investment banker, then you should consider doing the following steps:

Complete 10+2

You can choose to go with the commerce, arts or science streams in your 10+2. But you could prefer the commerce stream and pursuing math, accounting, economics as well as computer technology and business.

College Entrance Exams can be Passed

To be accepted into specific institutions for your post-graduation or graduation degrees, it is possible to score high marks on an exam that is a national or state-level entrance test that is competitive.

Earn a Bachelor’s Degree

To get into an entry-level job at an investment bank, you will need to complete an undergraduate degree of three or four years. You study economics, mathematics, accounting and corporate finance, financial management and taxation, investment, business administration and data analytics.

Obtain a Master’s Degree

A two-year Master of Business Administration (MBA) in finance management is a highly sought-after postgraduate degree for bankers working in investment.

Try to Earn a Doctorate

If you want to pursue a PhD in banking and finance, then it is necessary to require knowledge about asset pricing theory and corporate finance theory. Techniques for research in finance are the foundations of business research and the microstructure of markets. 

Get a Certification

You can boost your career opportunities by obtaining a Chartered Financial Analyst (CFA) professional designation. It is possible to enrol in the course after having completed the bachelor’s program and investment banking courses with placement. The length of the programme can be between one to four years.

Find an Internship

Internships at investment banks usually last anywhere from one month to two years. Alongside financial education, you can join investment banking training to improve your presentation, communication and negotiation abilities. 

Participate in Events and Socialise

You can enrol to attend information sessions through your career services and find opportunities to talk to employers at recruiting events. Virtual seminars online could give a glimpse of your work day as an investment banker.

Calculative Skills

An occupation in banking or finance is not secure until you possess solid mathematical capabilities. Since experts in investment banking spend a lot of their time playing with numbers, mathematical abilities must be your strongest strength.

IT Skills

When we refer to IT skills, IB professionals need to be familiar with software such as Excel or PowerPoint, ERP or SQL. It’s also advantageous to be familiar with the basics of Blockchain as well as APIs. 

Get a Job

It is possible to receive an employment offer right after your internship, either through an interview at a university or by applying to open jobs with investment banks or financial advisory firms.

Opting for investment banking training from Imarticus can assist you in continuing your education in investment banking and remaining in the game. You can acquire new abilities, get informed about trends in the field, meet with leaders in the industry and build your knowledge in investment and finance for corporate. This will help you move up into management positions at a higher level.

Keep Learning

Keep learning by attending seminars, learning modules and online courses. It is always essential to stay updated with new technologies and banking instruments. Online courses and programmes are great for quickly gaining specialised knowledge or skills.

Conclusion

Investment Banking is a demanding and ever-changing field. The most successful investment bankers can provide a luxurious lifestyle for their families and themselves. People who can overcome their initial challenges and skill through investment banking training from Imarticus can generally make decent salaries in this area. For promising and possessing strong analytical and numerical skills, the field can offer an unlimited growth rate and rapid expansion.

What Do You Do As an Investment Banker?

What is Investment Banking?

Investment banking can be defined as a specific decision of the banking industry that engages in advisory-based financial transactions on behalf of their clients that ranges from individuals to corporations and governments. The investment banking division is responsible for raising capital for their clients from public or private investors. Investment banks leverage their large network and expertise to connect investors with excess funds and clients with profitable business opportunities looking for investors.

In the broad sense of things, the investment banks help to channel funds in the economy efficiently using their expertise in the domain. The Investment banker course also provides services related to the underwriting of debt and equity securities for various corporations. They also help with the mergers and acquisition deals, facilitate the sale of securities, broker trades for corporations and investors, and provide financial guidance to their clients on profitable investment avenues.

Role of an Investment Banker

Now that we have understood what investment banking is and what the investment banks do, let’s understand the role played by investment bankers and how they add value in this industry. We will look at the role of investment bankers in context to the functions of an investment bank in the economy.

  • Role of Investment Banker in IPOs and Underwriting: One of the major functions of investment banks is facilitating the underwriting services to private corporations and other entities. You must have heard of Initial Public Offerings (IPO), during IPOs the private company is seeking funds from the public by selling the company’s shares at a predetermined price.A lot goes into selling the share of a company to the public; a major role is played by investment bankers in facilitating the IPOs.First and foremost, before offering the shares to the public, the valuation of the company is done to determine the optimum prices for shares. Investment bankers play a huge role in researching and conducting financial analysis to analyze the financial well-being of the firm.

    After conducting a complex analysis the price of the security is determined. Selecting an optimum price is important to avoid any subscriptions or oversubscription scenarios. Investment banks act as a mediator in the IPOs and also acts as underwriter for shares issued.

  • Investment Bankers in Mergers & Acquisition: Another important role of investment bankers is highlighted in the mergers and acquisition deals. Mergers and acquisition deals are carried out by companies who are looking to benefit from coexistence and mutual synergy.It helps companies to avoid competition and collectively profit from improved synergy. In the case of acquisitions, a company acquires another in the process and takes over its operations and customer base. Mergers and acquisitions might look simple but it involves a lot of work on the part of investment bankers.
    They are responsible for finding the best competitor for the deal so that their client s could benefit from the M&A deal.Investment bankers have to leverage their network and expertise to identify the perfect fit. It also involves doing the valuation for companies so that a fair price is established for the sale or purchase of another entity. Investment bankers help to determine if the price offered by another company is fair or not (in case the company is being acquired) and determine the fair value of the other entity (in case the company is acquiring).
  • Investment bankers as financial advisors: In addition to M&A deals and underwriting services, investment banks also provide advisory services to their clients. Generally, the advisory services provided by investment banks are limited for corporations, government entities, and high net worth individuals.Various new financial instruments are complex and need expert guidance during investment, for example, alternative investments. The investment banker also guides their clients on these investment avenues after factoring in their risk appetite and return expectations.

What is Reference Data in Investment Banking?

What is Reference Data?

A counterparty is a collection of entities in the financial sector to which some risk is associated while security is a financial asset/product/instrument that can be traded. When counterparty and security are traded, then some identifiers are used to describe them, these identifiers are called reference data. The reference data is a fixed standard governed by regulatory authorities and doesn’t change much over time.

Some of the identifiers associated with different equity assets are SEDOL, CUSIP, ISIN, CINs, etc. Besides including the description of equity assets, reference data at its most complex stage can define the name of the buyer, seller name, costs involved, etc. Market identifier code (ISO 10383 MIC) which defines the stock market associated with any trade also comes under reference data. Let us see the information provided by reference data and its management.

Information provided by Reference Data

Reference data helps us in knowing different aspects of a trade. The key information provided by the reference data are:

  • Reference data helps us in identifying the type of financial product/asset. It also tells us about the maturity date of the financial asset.
  • Reference data gives us information regarding the parties, financial institutions, counterparties, etc. involved in any particular trade.
  • The pricing of any particular financial asset/product can also be identified by the reference data.

Reference Data in Investment Banking

Reference data sets a standard for trading & other financial activities. Investment banker Courses need reference data that can provide them insights about their holdings on any financial instrument/asset. Reference data provides better visibility and insights about different aspects of a trade/investment. The benefits of using reference data in investment banking are:

  • With better information about the trade and parties involved, you can identify risks associated with the trade/investment and can manage it.
  • It helps in cost optimization as you can categorize similar types of deals/trades with similar reference data and can standardize associated trade processes.
  • Capital resources can be allocated accordingly if investment bankers have access to reference data.
  • Data analytics can be improved as reference data will set a standard to find relationships among the data sets.
  • You can identify the trade processes involved with any particular type of asset and with the information about its reference data one can automate key trade processes.
  • Investment bankers can assist their clients easily if they have access to reference data i.e. complete information about the trade.

Why reference data should be managed?

Reference data is heavily involved in different business processes like analysis, compliance, control, etc. and its mismanagement can hamper your business processes. Investment bankers have to manage reference data to maintain quality in their investment processes and to optimize costs successfully. Reference data helps generate results to financial queries of clients quickly.

Investment bankers know the trading process of many financial assets and when each asset is defined by a set of identifiers, they can quickly identify an investment opportunity or trade. Managing reference data can also help in better data analytics and you can automate business processes. Customer requests can be quickly responded to if reference data is properly managed. The investment banking sector is hiring individuals with good knowledge about reference data and its management to improve their business.

Conclusion

Reference data gives you information about the trade structure and type. One can learn more about reference data in investment banking by taking up an online investment banking course from a reliable source like Imarticus Learning. The understanding of reference data is very necessary if you are aspiring to become an investment banker. Start your investment banking course now!

How Much Do Investment Bankers Earn in India?

Do you know the average salary of an Investment Banker in India is from 12 lakhs to 13 lakhs, according to Glassdoor? The investment banking sector is growing at a 1.2% CAGR for 2018 to 2023. It is expected to reach a value of $78,008.7 million by 2023.

According to the Bureau of Labor Statistics, the demand for financial services sales reps is estimated to rise by 4% by 2029. This data is combined with attractive salary packages and a secure career. This positions investment banking as one of the most profitable and in-demand career choices.

In this article, we have revealed the salary of an Investment Banker in India. We have also covered the factors that influence it and the Investment banker’s salary in the US.

Investment Banker

What does an investment banker do?

Investment bankers act as a bridge or intermediary between investors looking for investment opportunities and organisations looking for funding. The duties of investment bankers are divided into two categories: assessing a company’s financial situation and assisting it in meeting its financial goals. Investment bankers are responsible for analysing a company’s financial situation and capital requirements to offer a viable plan for meeting its financial goals.

Investment banker’s salary in India

The pay ranges from 3 lakhs to 1 crore depending on the skills, roles, designation, experience, job location, company, etc. But, the starting salary of an investment banker is better than many other professions, with initial pay of Rs.7-8 LPA. That’s why experienced investment bankers or  Investment Banking Analysts can rise to higher positions fast. This is because their salaries rise quicker, and they earn higher paychecks.

Designation-wise salaries of an investment banker in India

Salary of an Investment Banking Analyst

This is the role assigned to people who’ve just graduated from business schools. Their tasks mainly include research and analysis of investment banking methods. A fresher with this designation would earn around Rs. 5 LPA on average. Also, an experienced candidate can earn Rs.6-7 lakhs.

Package of an Investment Banking Associate

This role is an upgrade from the role of a Banking Analyst. The duties involve the analysis of business strategies. They act as an intermediate between junior analysts and senior officials. The average salary for this role lies between Rs. 7 lakhs to Rs.10 lakhs.

Pay of a Business Analyst

This role is similar to the role of an Investment Banking Analyst. However, the difference here is that the focus shifts to business strategies such as profit optimisation and asset management. For this profile, a candidate would earn between Rs.6 lakhs and Rs.7 lakhs.

Remuneration of a Financial Manager

Being a high-profile role, financial managers mainly oversee a company’s financial health. They audit financial reports, analyse investment activities, and work out long-term financial goals for the company. Also, they use tools to analyse the data. A financial manager in India would earn around Rs. 10 lakhs on average.

Compensation of a Financial Director

The role of the Financial Director is a senior one, as they are leaders of senior executive teams. And their primary responsibility is to frame financial policies. They also make the proper process to meet a company’s business requirements. In addition, they oversee operational and strategic ongoing at the company. So, a Finance Director can have a starting salary of around Rs. 20 lakhs. With an experience of 4-5 years, one can earn anywhere between Rs.45 lakhs and Rs. 50lakhs.

Factors affecting Investment banker salary in India

In India, the average investment banker’s salary is significantly higher. But, to determine the exact pay, you must understand the factors that influence the salary of an investment banker.

The below-mentioned factors affect the salary of an investment banker.

Skills

An investment banker’s most essential skills are financial analysis and modelling expertise. Along with this, the knowledge of mergers and acquisitions plays a critical role too. The ability to work independently is also an essential skill to succeed in the investment banking field.

An understanding of deal structuring and closing principles is essential. Having excellent communication and networking abilities play a vital role. In addition, the ability to conduct research, be quantitative and analytical and explain market events.

Location

Few cities have a higher demand for investment bankers, causing average pay to vary significantly. But, depending on the cost of living, some cities pay comparatively less. Surprisingly, Mumbai (84% higher than average), Pune, and New Delhi pay 4% higher than average. So, these cities are the best locations to work as investment bankers. But, some places offer lower salaries to investment bankers, like Bangalore, Hyderabad, and Chennai.

Work Experience

More experience results in more gain in the field of investment banking. The average salary of one to four years of an experienced investment banker is Rs. 9 lakhs annually. However, bankers with five to nine years of experience earn around Rs. 20 lakh per annum. With an experience of around ten years, professionals can earn approximately Rs 30 lakh per year.

Companies

Some banks and companies are paymasters, while others pay less. So, investment bankers prefer firms such as Morgan Stanley and Goldman Sachs. Other liked banks are Barclays and J.P. Morgan. Investment bankers are generally paid well by most firms. However, you should not focus only on the package. The profile and work are deciding factors in rejecting or selecting a company.

Investment banker salary in the US

The United States pays well to investment bankers. It consistently ranks first in terms of compensation for its investment professionals. Furthermore, cities such as New York reward their professionals besides the salary. It offers valuable and lucrative benefits.

How to start your journey as an Investment Banker?

Before entering any sector, gathering knowledge about the industry, scope, career growth, and job opportunities are always good multitool. The second step is to equip yourself with the knowledge and skill set to become an investment banker. For this, you should get enroled in an institute and learn investment banking concepts.

An institute that offers excellent knowledge, expert faculty and an industry-oriented curriculum will be lucrative. But, if they provide career assistance and interview preparation, that will be the cherry on the cake So, try to find an institute that offers all these and then invest your money. 

Apart from this, having a good network also plays a significant role in getting you to start your career as an Investment Banker. For that, you can do an internship with top companies and work hard. Moreover, during the internship, you can learn industry concepts and how to behave professionally.

Conclusion

In conclusion, careers in investment banking training usually offer good salaries. However, they are exclusively bagged by candidates with the best academic backgrounds.

Hence, candidates must work hard. They should try to graduate from a top educational institute. Also, they must know how to reap the benefits of their effort. And, plan a financial career properly to take up the role of an analyst.

Beginners Guide to Investment Banking

Investment banking is an expansive and challenging field which several individuals can pursue. Here is everything you need to know to kickstart your career in investment banking.

Investment banking is a field that one can pursue with passion and determination. It is that division of a bank or a financial institution that helps companies secure, implement and manage their finances well in order to succeed and grow. It is a highly dynamic and volatile field which is looking for individuals who have not only completed an investment banking course but are also charismatic and driven.

There are various functions and areas that one gets to operate in, upon completing an investment banking training from evaluating assets to auditing to securing funds and client relationship management. Investment bankers are talented and do multi-functional roles in their companies. While specialization exists, At the heart of investment banking is the ability of the bank to raise funds for the clients and this is done predominantly by issuing debt or selling equity of a company.

Investment bankers need a good quality radar in order to determine the best possible way to raise money quickly. These are crucial decisions which will determine the future of the company and hence investment bankers are highly paid. This also means the job entails long hours and strategic thinking at every step of the way.

Here are the top things that beginners get to do in the field of investment banking.

  • Raising capital: One of the top job functions that every investment banker does is the ability to raise money for a business. Every company needs an understanding of how to raise finances to run the business and to take off. Raising capital will then create enough to buy equipment, employ people and create products and sell. Therefore, an important area of expertise for those pursuing a career in investment banking is knowing how to raise funds for a company.
  • Assisting in Mergers & Acquisitions: Another important aspect of an investment banker’s role in banking is to help clients evaluate other companies before acquiring them. This means taking stock of the assets and liabilities of the other company, auditing and evaluating and creating a forecast which can benefit the client.
  • Issuing Debt: A primary function of an investment banker is to issue bonds to the right investors. This will help raise the required capital for their clients. Companies also hire investment bankers when they must go public i.e. issue an Initial Public Offering (IPO) to raise funds.  The success of this plays a crucial role in how the company flourishes in the future. Since aggressive sales skills are required for this, it is a highly competitive field which is rich in rewards.

Conclusion
Investment banking begins to be lucrative and continues to climb the growth trajectory provided one is hardworking, dedicated and sharp. It is a great career for those interested in finance.

Also Read: How Good is Investment Banking as a Career

Anti-Money Laundering: What Is It And Why It Matters?

Did you know that global money-laundering transactions are estimated to be worth $1-2 trillion? 

Money laundering is one of the biggest issues plaguing the global economy. Companies all across the world look for ways to counter this problem. Money laundering hurts the capital market and makes it difficult for organizations to thrive.

Hence, organizations rely on investment banking professionals to protect the capital market. In the following sections, we will cover the issue of money laundering in detail and learn how companies use anti-money laundering (AML) procedures to counter this issue.

You will also find out how you can become a part of the solution by enrolling in Investment banking courses in India.

MBA online CoursesWhat is Money Laundering?

Money laundering is a significant financial crime. It refers to the process of legalizing money that has been obtained illegally. It focuses on hiding the nature, source, and act of a crime to give it a legal image.

Some of the illegal activities that utilize money laundering are terrorism, corruption, drug trafficking, and human trafficking. Governments and companies all over the world strive to combat this issue as it damages the economy and society as a whole.

What is Anti-money Laundering?

Anti-money laundering refers to the provisions and procedures companies use to prevent money laundering in their organization. One of the most popular AML procedures is KYC (know your customer).

In this procedure, a company requires its customer to verify their details such as an address, name, and ID. This way, the company can mitigate suspicious transactions. And, if a customer performs one, it can track him/her quickly.

There are many AML procedures and they help a lot in combating the issue of money laundering. However, industries require professionals that are well-acquainted with the advanced AML procedures.

How you can get involved?

Money laundering is a big issue and one of the best ways to combat this problem is by learning the necessary compliance and skills.

If you are interested in pursuing a career in finance, then you should take a course that covers anti-money laundering provisions and procedures properly. This way, you would be well-equipped to combat this problem at the organization you work in.

The best way to go about this process is to join investment banking courses in India. Most reputable investment banking courses in India cover AML procedures along with the basics of investment banking.

Before joining a course, be sure to check its crucial details such as the investment banking course fees, duration, and modules. After completing investment banking courses in India, you can apply for high-paying roles in the finance sector and help organizations in protecting and growing the capital market.

AML implementations help companies in mitigating money laundering activities. However, they require the expertise of skilled professionals to do so.

You can become a part of the AML solution by enrolling in relevant investment banking courses. If you are interested, then check out Imarticus’ Certified Investment Banking Operations Professional (CIBOP) program to get the right direction.

A Day In The Life Of An Investment Banker!

Investment Banking is one of the most coveted jobs for today’s youth. This has made the demand for online investment banking courses rise to an unprecedented level.

But before you decide whether to take an investment banker course, you should first know the responsibilities, roles, and workload of an investment banker, so that you can make an informed decision.

Responsibilities of an Investment Banker

Investment banking is one of the most demanding jobs and the candidate has an enormous amount of responsibilities. Some of these responsibilities include:

  • Value debt and sell equity for various mergers, acquisitions, and capital-raising transactions.
  • Perform research, analysis, and documentation of all the transactions of the company.
  • Perform strategic research and investigation like DCF, precedents, and comparable companies.
  • Develop relationships with existing customers and discover new investors.

If you’re looking to take an Investment banking course and become an investment banker, these are just some of the responsibilities that you’ll have to undertake at the job. It will be wise to invest in investment banker courses that prepare you for such commitments.

Investment Banking CourseDaily Routine of an Investment Banker

A day in the life of an investment banker can include a wide array of roles from research to meetings and calls, from financial modeling to preparing PowerPoint Pitchbooks. The daily routine of an investment banker is pretty hectic and something that investment banking courses won’t prepare you for.

Morning

Investment bankers usually wake up early at 7 or 8 a.m. and check their emails to see if they have to report early to work and to reply to other important emails. They have to reach their office on time at around 10 a.m. and report to their superiors to see if there is any pending work left from the day before and to check in to their work schedule for the day.

Afternoon

A lot of conference calls with senior bankers, clients, and lawyers are a part of the daily afternoon routine of this job. Usually, these calls revolve around Initial Public Offering (IPOs) and other important aspects of investment. The pages that need to be put in the IPO and the financial overview of the company are then decided by the investment banker based on these discussions.

Evening

Working on the pages, checking the draft, and working on errors is what the evening looks like for an investment banker. Making PowerPoint presentations is also a part of the evening routine. These pages have to be printed to be reviewed by an associate before approval. This may seem like a lot but any investment banking course will prepare you for this part of the job. The pages are then revised thoroughly and then sent to senior bankers. The senior bankers send their comments on the pages and the Investment banker has to edit, remove or add additional pages accordingly.

Conclusion

Investment Banker CoursesInvestment banking courses can surely help you gain the knowledge you need to become an investment banker but you need to have a lot of patience to work under pressure if you want to excel at this job.

Professionalism, strong work ethic, excellent communication skills, are just some of the desired qualities that companies look forward to in their candidate for this job. You need to look for an Investment banker course that helps you build your skills in these areas.

Does Corporate Finance Excite You? Here Are Some Investment Banking Courses Which Will Help You Achieve Your Goals

Be it the high-pay or the extravagant lifestyle of investment bankers, graduates have largely started to gravitate towards investment banking. If you are attracted to this job profile or interested in this field, then you may want to select an investment banking course that is right for you.

Investment banker courses have now been tailored for both graduates and postgraduates to enhance their knowledge and make them a good fit for the banking sector. 

Eligibility to Become an Investment Banker

Before applying for an Investment banker course, you need to evaluate whether you have the essential qualifications to apply for the same. Investment banking courses online usually look for –

  1. Graduates and postgraduates (degree in finance, mathematics, engineering, analytics, accounting, and economics is preferred)
  2. MBAs
  3. Chartered Accountants
  4. Working professionals in the field
  5. Financial Risk Managers or Chartered Financial Analysts

Investment Banking Courses

Investment banking courses in India will boost your financial aptitude and give you a good knowledge of the market you’re about to work in. Here are some of the best investment banking courses online that you can choose from to boost your expertise in the field –

  • Certificate in Investment Banking Operations from with LSE (London Stock Exchange Group)

This course will give you an in-depth knowledge of investment banking and its complexities. It is one of the investment banking courses with placement on the market. Plus, it comes with a CIBOP certificate which makes it one of the best investment banking courses in India

PGDM Capital Marketing

This program will be good for you if you are looking for a shorter investment banking course duration. Plus, another upside is that it takes on any graduate from a recognized university and inculcates the knowledge of an investment banker in them.

  • Post Graduate Program in Financial Management

This program is a prestigious course offered by the Chennai Business School. It offers knowledge of various subjects relating to the field such as corporate laws, financial statement analysis, financial modeling, and business intelligence. The course in itself is good but the investment banking course fees for this program are pretty hefty.

  • MBA in Masters in Financial Management

It is a part-time banking course after graduation which will give you in-depth topics like financial accounting, business management, cost management, managerial economics, financial management, research methodology, taxation, business law, and financial planning. The investment banking course fees are not much, but it is spread across a timeline of three years.

  • PGDM (BM) Finance

It is a course approved by the AICTE (All India Council for Technical Education). This program is also recognised by the Association of Indian Universities (AIU). It will give you enhanced knowledge on the subjects of finance, tax and business. The course covers topics like commercial banking, insurance, wealth management, export finance and credit management.

  • Masters In Financial Management (MFM)

It is a two-year course accredited by the NBA (National Board of Accreditation). It takes on any graduate with a three-year degree recognized by the Association of Indian Universities (AIU). Topics like accounting, tax and financial markets are deeply taught in this course.

  • PG Diploma in Finance Management

This certificate in investment banking course details is not much as it has a one-year duration course with only two semesters, which makes it one of the shortest courses in the field. It gives you a good understanding of the financial market and enhances your present knowledge.

Completing investment banking courses after graduation can make your job as an investment banker more exciting and challenging for you. You don’t need to look for investment banking courses with placement. You just need to look for an investment banking course duration that suits you. If you complete any of the investment banker courses, the right job will come looking for you.