Koramangala, Bangalore +91-9108510058 [email protected]
AI Bot

How can we help?

Post your enquiry

×

How to Become an Investment Banker?

Explore the journey to becoming an Investment Banker, from educational requirements to essential skills and career opportunities. Your roadmap to a thriving finance career starts here!

Published By Team SetMyCareer
Last Updated: 31 August 2024
compass image

In this Career Outline


find-your-career

Introduction to Investment Banker

"The role of an Investment Banker is not just to advise but to shape the future of financial landscapes." — Jane Smith

An investment banker helps businesses, individuals, and institutions raise capital through issuing shares or taking out loans. They provide financial advice on major transactions like mergers and acquisitions and guide clients on issuing bonds or stocks, including pricing and quantity. By assessing transaction risks, investment bankers help clients save money and manage expenses. They handle various financial aspects of investments and their earnings depend on the volume of transactions. Investment banking is a global field, often requiring long hours and adapting to different time zones, but the high earning potential often compensates for the demanding work.


Steps to Become an Investment Banker:

Step-1

Start with a strong academic foundation in finance, economics, or related fields.

Step-2

Internships in finance or related sectors provide invaluable industry experience.

Step-3

A postgraduate degree can enhance your prospects in competitive environments.

Step-4

Prepare and clear financial certifications and entrance exams if necessary.

Step-5

Connect with industry professionals and attend finance-related events.

Step-6

Look for entry-level positions or analyst roles in investment banks.

Step-7

Keep up with market trends and expand your financial knowledge by taking courses and attending workshops.

Eligibility Criteria

Eligibility Criteria Description
Eligibility Must possess at least 50% aggregate marks in 12th grade from a recognized board (PUC/CBSE/ICSE/ISC, etc.).
Educational Background High school diploma or equivalent.
Undergraduate Degree Degree in B.A., B.Com., BBA, or a diploma is required.
Postgraduate Degree An MBA in Investment Management is advantageous for advanced roles.
Entrance Exams Valid score in CAT, MAT, CMAT, or relevant college-specific/state-specific entrance exams.

  • Must have at least 50% aggregate in 12th grade from any recognized board (PUC/CBSE/ICSE/ISC), with cut-off varying by college.
  • Should achieve a valid score in Entrance exams after 12th like CAT, MAT, or CMAT. Some colleges have their own entrance tests, such as NMIMS, Symbiosis, XUB, Andhra University, and LPU.
  • A degree in B.A, B.Com, BBA, or a diploma is necessary to begin a career as an investment banker.
  • An MBA in Investment Management can enhance prospects and learning opportunities.

CTA-1

Not eligible to pursue this career?


Find out different career options based on your current academic accomplishments. Enquire with our career experts and build a roadmap to your career success!

Tasks to perform as an Investment Banker:

Construction of numerous accounting systems for valuing debts and equities in merger and acquisitions, as well as capital raising processes.

Generate business offers, private equity deals, merges and purchases, and assessments suggestions.

Prepare and evaluate documents such as investment memorandum, managerial conferences, and target respondents that are utilized in the fundraising of customers.

Performing economic forecasting, then designing and providing them with relevant investment services.

From the initial proposal through the final acquisition arrangement, collaborate in and oversee all phases of a negotiation.

Knowledge & Skills Required

Investment Bankers must possess a wide array of skills to succeed in their careers. Here are the key knowledge areas and skills needed to excel in this field:

Knowledge Required
Ability to analyze financial statements, perform valuation, and assess financial health. Knowledge of different investment vehicles, strategies, and portfolio management.
Awareness of prevailing market trends, economic indicators, and financial news. Knowledge of financial regulations, compliance requirements, and industry standards.
Proficiency in quantitative analysis, financial modeling, and statistical methods. Understanding of risk assessment, mitigation strategies, and risk management principles.
Skills Required
Analytical Thinking Communication Skills
Problem-Solving Negotiation Skills
Financial Acumen Attention to Detail

Understanding What are soft skills? and why is it important,as they complement technical abilities and enhance overall performance in the field of Investment Banker.

CTA-2

The Knowlegde and Skills don't intrigue you?


The reason is that your interests don't align with this career. Identify your interests and match them with careers that require those skills. This alignment will help you grow and succeed in your career faster than you might expect!

Job roles offered for an Investment Banker:

With the right qualifications, various career paths open up for Investment Bankers:

Investment Fund Manager:

Manages client funds to maximize returns, analyzes assets, and attracts new clients. Fees are based on asset management.

Risk Manager:

Assesses and mitigates economic and security risks within organizations, communicates findings clearly, and often starts as a risk associate or analyst.

Financial Examiner:

Ensures compliance with financial regulations, analyzes credit risk, and monitors financial institutions to prevent economic instability and protect consumer interests.

Bank Manager:

Overseas bank operations, improves profitability, manages staff, and ensures excellent customer service.

Financial Analyst:

Evaluates company performance, analyzes market conditions, and provides insights for financial decision-making. They may also assess the effectiveness of various business strategies.

CTA-3

Not sure where you fit in?


With the wide variety of careers and job roles available, pinpointing the best option for you can be challenging. Thorough analysis and dedicated sessions can provide clarity on what to study, which industry and role to pursue, and the most suitable career path to follow.

Career Opportunities for an Investment Banker:

Investment Bankers can opt for various fields of work in the companies listed below:

Marquee Equity IDBI Capital Markets & Securities Ltd Aurigin
Bank of America ICICI Bank Evalueserve
Goldman Sachs Morgan Stanley Accenture in India
Cyient

Colleges offering courses for Investment Banker:

Here is the list of colleges offering the Best courses after 12th:

Aligarh Muslim University, Aligarh Pondicherry University, Pondicherry
Poornima University, Jaipur ICFAI University, Ranchi
SERT IT Campus, Chengannur Institute of Business Management & Research, Ahmedabad
Borooah College, Guwahati ICFAI University, Raipur
Jawaharlal Nehru Technological University, Kakinada Bharathiar University, School of Distance Education, Coimbatore

End Note

Becoming an Investment fund manager involves a strategic blend of education, experience, and skills. If you’re passionate about finance and enjoy making impactful investment decisions, this career could be your ideal fit. For personalized Career counselling after graduation and career advice, reach out to SetMyCareer—your partner in navigating your professional journey.