Is a Career in Investment Banking Lucrative For Any Individual?April 9, 2019
For many, investment banking is a career that gives the best of all worlds-job satisfaction, money and a respectable lifestyle. Read onto to find out why everyone wants to join this industry.
Fancy suits and briefcases and a gait with pride are only the exterior attributes of an investment banker. Today, many are vying to join the extremely competitive and challenging workforce of an investment banking company. This is predominantly due to the fact that a career in investment banking is highly lucrative and rewarding. Many educational institutes are also providing investment banking certifications to help support the influx of candidates who want to pursue a career in this field. Individuals who have completed an investment banking course are prolific, intelligent and detail-oriented which many banking firms look for.
Investment banking sector looks for individuals who have had investment banking training, are hardworking, dedicated and passionate. It is a field which is high pressure and long hours and hence only individuals who imbibe these qualities will succeed. The field also demands people who have high communication skills, can build and nurture relationships and make quick, strategic decisions at every step of the journey.
Here are the top reasons why many individuals are considering a career in investment banking.
One of the biggest reasons many people join this industry is due to the fact that most banking and fintech firms provide high salaries to both freshers and seasoned professionals. This is mainly due to the fact that these are the people who are dealing with money, to begin with. Everyone is highly competitive and earning big pay cheques which can support a good luxurious lifestyle.
Interesting work portfolio
Investment bankers get to work on deals and plan strategies for their clients which in itself is fun work. Many get to be part of massive decision making when it comes to large MNCs in various industries thereby adding curiosity and challenge to the work. Individuals also get to work with the smartest and most driven bankers in the financial sector, thereby creating a good work atmosphere. From raising capital for a startup to looking at mergers or acquisitions, there are many responsibilities that one gets to take care of as an investment banker.
Symbol of Pride
Investment banking is a field that is revered the world over due to the competitive and volatile nature of the industry. It is a matter of pride and dominance which drives many individuals to join the field. The job adds a prestigious feeling and helps them achieve respect in the community. The earnings derived from an investment banking career can set you up for a comfortable and respectable lifestyle and also help individuals better plan their own personal investments.
Investment banking is a great career choice if you are passionate about numbers, you are driven and looking for a luxurious lifestyle.