{"id":47848,"date":"2024-05-26T10:30:04","date_gmt":"2024-05-26T10:30:04","guid":{"rendered":"https:\/\/staging-imarticus.kinsta.cloud\/?p=47848"},"modified":"2024-05-27T10:11:53","modified_gmt":"2024-05-27T10:11:53","slug":"how-do-i-get-into-investment-banking","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/how-do-i-get-into-investment-banking\/","title":{"rendered":"How Do I Get Into Investment Banking?"},"content":{"rendered":"<p><b>How Do I Get Into Investment Banking?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There\u2019s no doubt that<\/span><span style=\"font-weight: 400;\"> figuring out how to get into investment banking<\/span><span style=\"font-weight: 400;\"> is hard, primarily because it is the most prestigious job in the financial services industry. Traditionally, companies hire from elite universities and colleges for their entry-level positions, but things are changing as banks understand the need for diversity and different backgrounds. Here are some of the usual, and unusual paths, to an <\/span><a href=\"https:\/\/imarticus.org\/certified-investment-banking-operations-program\/\"><span style=\"font-weight: 400;\">Investment Banking career<\/span><\/a><span style=\"font-weight: 400;\"> and some tips on how to secure that lucrative job.<\/span><\/p>\n<h2><b>Entry Level Analyst Investment Banking Opportunity<\/b><\/h2>\n<p>This is when you join an Investment Bank after finishing your undergraduate degree. Most Bulge Bracket investment banks will take part in the placement rounds at various colleges. The problem with this approach is that unless you go to these colleges being part of these placement rounds is quite tough, especially since many boutique banks do not hire in large numbers.<\/p>\n<p><span style=\"font-weight: 400;\">If you are exploring how to get into investment banking<\/span><span style=\"font-weight: 400;\">, even if you are not part of a college where an investment bank comes to hire, nothing stops you from sending in your resume. And if that doesn&#8217;t work, you should consider joining a large financial institution in a different role, like corporate banking or even a brokerage firm. This work experience will set you up for a good MBA, which can then help you secure a job in the field.<\/span><\/p>\n<h2><strong>Entry Level Associate Investment banking Opportunity<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">One of the most popular ways<\/span><span style=\"font-weight: 400;\"> to consider how to get into investment banking<\/span><span style=\"font-weight: 400;\"> is by joining them as an associate after a few years of experience and an MBA with a specialization in Finance. The great part about this route is that even if you didn\u2019t go to an Ivy League college, your MBA will now stand you in good stead since most Investment Banks prefer this route over most. Most bulge bracket and boutique banks are part of placement rounds in well-recognized MBA schools globally and in India.<\/span><\/p>\n<h2><strong>Lateral Roles Investment Banking Opportunity<br \/>\n<\/strong><\/h2>\n<p>While the bulk of Investment Banking roles get filled at Associate level through MBA placements, many roles are filled via lateral movements from different professions in various industries.<\/p>\n<ul>\n<li>Lateral move from industry: <span style=\"font-weight: 400;\">Finance professionals working in the corporate field <\/span><span style=\"font-weight: 400;\">and contemplating how to get into investment banking<\/span><span style=\"font-weight: 400;\"> can often join an investment bank a few years into their career by bringing their sector and domain expertise to the job. This works especially well in boutique investment banks that specialise in verticals like Pharma, Consumer goods, E-commerce, etc., and require extensive domain expertise to help secure clients.<\/span><\/li>\n<li>Lateral move from other areas: <span style=\"font-weight: 400;\">Finance professionals from the Private Equity field sometimes move to Investment banking, even though the reverse is more common. However, there are instances where corporate bankers with excellent client relationships<\/span><span style=\"font-weight: 400;\"> figure out how to get into investment banking<\/span><span style=\"font-weight: 400;\"> and manage to get a foothold in the firm&#8217;s Investment Banking unit.<\/span><\/li>\n<\/ul>\n<h2><strong>Corporate Investment Banking Unit<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Many aspirants tend to forget about the route of <\/span><span style=\"font-weight: 400;\">how to get into investment banking<\/span><span style=\"font-weight: 400;\">, but if it is experience and role that\u2019s important, this is perhaps as good as working in an Investment Bank for responsibilities and roles without having to do business development or secure clients. The caveat lies in the fact that it is a support function and perhaps won\u2019t have the dynamism and scope of working on the sell side since you will be restricted by your firm&#8217;s corporate strategy and the sectors your company wants to focus on investing in. While salaries are good, they might not be on par with working in a pure-play Investment Bank.<\/span><\/p>\n<p>As you can see there are many Investment Banking Opportunities, it is all a question of being prepared when the opportunity comes knocking at your door. As they say, luck is nothing but preparation meeting opportunity.<\/p>\n<p><strong>Related Article:\u00a0<\/strong><a href=\"https:\/\/imarticus.org\/blog\/how-to-become-an-investment-banker\/\"><strong>How to Become an Investment Banker<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Do I Get Into Investment Banking? There\u2019s no doubt that figuring out how to get into investment banking is hard, primarily because it is the most prestigious job in the financial services industry. Traditionally, companies hire from elite universities and colleges for their entry-level positions, but things are changing as banks understand the need [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[96],"class_list":["post-47848","post","type-post","status-publish","format-standard","hentry","category-finance","tag-investment-banking"],"acf":[],"aioseo_notices":[],"modified_by":"Imarticus Learning","_links":{"self":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/47848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/comments?post=47848"}],"version-history":[{"count":3,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/47848\/revisions"}],"predecessor-version":[{"id":263969,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/47848\/revisions\/263969"}],"wp:attachment":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media?parent=47848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/categories?post=47848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/tags?post=47848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}