Investment banking is a segment of banking that arranges for big, complicated financial transactions such as mergers or IPO underwriting. These banks may gather funds for businesses in a number of methods, including underwriting the issuance of new assets for a corporation, or any other body. Learn Investment Banking today, to unlock a host of exciting challenges!
What does an Investment Banker do?
Investment Bankers oversee the organisation’s initial public offering (IPO). They provide consultations on mergers, acquisitions, and organisational restructuring. Investment Bankers through their insight, help their customers in managing their finances. India is one of the fastest growing economies in the world and is seeing a sea of change in the Investment Banking sector. An Investment Banking career is both lucrative and challenging.
Most in-demand skills in Investment Banking
1 Analytical skills:
Analytical skills play an integral role in the world of Investment Banking. An efficient analytical mind is required to quickly adapt and learn research and Financial Modelling. They also have to analyse big data sets and take important financial decisions. These complex roles warrant them to have analytical skills.
2. Mathematical skills:
Mathematics forms a huge part of Investment Banking. Since Investment Banking’s maths is not merely solving equations, you need to possess excellent mathematical knowledge and skills to survive in this industry.
3. Basic finance knowledge:
This involves the knowledge of three segments – Balance Sheet, Profit and Loss Account, and Cash Flow Statement. An Investment Banker is expected to be able to analyse these statements, compute ratios and so on. Without basic financial knowledge, an individual is not fit for the role of an Investment Banker.
4. Excel and PowerPoint skills:
Most of an Investment Banker’s work involves using tools such as Excel and PowerPoint. These are extremely dynamic tools and advanced knowledge of their workings is going to make the job of an Investment Banker much simpler and quicker.
5. Financial modelling:
Do you possess knowledge in Financial Modelling? If yes, you would be given preference over other candidates, without expertise in Financial Modelling. Investment bankers love models, and if you can build one from scratch, you are hired.
6. Negotiation skills
Negotiations form a major part of Investment Banking operations. As an employee of your company, you’ll have to display excellent negotiation skills while dealing with your clients, or pitching an idea to them. For this, you need to have your logical reasoning strong.
7. Public-relations skills
As an Investment Banker, you will need to have your PR game very strong. Every day you’ll deal with new clients who are probably going to bring huge profits to your firm. Make sure you aim at building long-term relationships with them so that they keep coming back to you.
Salaries of Investment Bankers in India
Investment Banking being a lucrative field offers tempting salaries. The field is challenging and comes with hefty pay-cheques for all its job roles in India as well as globally. In India, the salary of Investment Bankers ranges from 2 LPA to 33 LPA according to Ambition Box.
Conclusion
Take a step closer to your dream Investment Banking career with the Certified Investment Banking Operations Professional course by Imarticus. It is one of the few investment banking courses with placement opportunities.
This course is equipped with all the skills necessary to facilitate a bright career in Investment Banking. Upon completion of this course, you will be able to pursue a career as a Financial Analyst or Risk Management Consultant, Money Market Analyst, Financial Market Advisor and many other interesting paths.
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