Investment banking (IB) is a demanding field that helps governments, corporations, and investors with large and complex financial transactions. Investment bankers are responsible for conducting market research and company valuations, managing initial public offerings (IPOs), advising on securities issuance, coordinating mergers, ensuring regulatory compliance, and more.
To be successful in investment banking, one must have a reputable finance degree and/or advanced certification. Investment bankers must also possess excellent critical thinking, analytical, and mathematical skills.
A comprehensive investment banking courses can help you prepare not only for the challenging role but also for the investment banking recruitment process. Read on to know more.
Breaking into Investment Banking
Here’s the process for getting into investment banking:
Gain the relevant educational qualifications, certifications and experience
Craft your story and integrate it into your resume/curriculum vitae (CV)
Network your way into internship/job opportunities
Prepare for internship/job interviews
Go through the investment banking interview process to win offers
What is the Investment Banking Recruitment Process?
Banks and related institutions follow a process that includes interviewing candidates to gauge their abilities and awarding internship or full-time job offers. This investment banking recruitment process helps banks select the right candidates who can effectively meet the demands of their jobs.
Recruitment Pathways into Investment Banking
The following are the leading recruitment pathways into investment banking:
Starting as an undergraduate is the easiest and cheapest way to enter the industry.
Pursuing jobs related to investment banking, like business valuation or corporate banking, and then moving ahead.
If there is no full-time experience in finance, enrolling in a reputable MBA programme can help you get into investment banking roles.
If you are at the senior executive level, you may still be able to navigate the investment banking domain.
Investment Banking Internships
Internship opportunities allow banks and related institutions to evaluate your performance over several months. This is like an extended job interview. Therefore, performing well during investment banking internships can help you win a full-time job offer at the undergraduate or master’s levels. Also, getting the team to like you can enhance your chances of receiving a job offer.
Post-graduation Recruitment
If you were initially at a regional audit firm and later switched to valuation, you can go for lateral roles in investment banking. Or, you can make a lateral leap to investment banking if you were initially in commercial banking and then switched to valuation.
Banks can consider you for lateral roles if you have already graduated from a reputable university, completed a master’s programme, or pursued an MBA course from a top business school.
How Does an Investment Banking Course Prepare You for the Recruitment Process?
A comprehensive investment banking course helps you in the following ways when it comes to the investment banking recruitment process:
Have an excellent grasp of accounting, economics, finance, mathematics, statistics, data analytics and banking technology
Get familiar with real-world scenarios
Possess strong analytical and communication skills
Be a confident personality
Besides, IB courses conduct mock interviews to help you prepare better for recruitment.
Conclusion
Investment banking is a challenging field that involves assisting corporations, governments, and investors with intricate financial transactions. To perform these tasks effectively and efficiently, advanced education in finance and analytical skills are necessary.
If you want to be a successful investment banker, Imarticus Learning’s Certified Investment Banking Operations Professional (CIBOP) can help you prepare for the investment banking recruitment process. The course is focused on real-world scenarios and insights from industry experts. Its refined curriculum addresses intricacies in securities operations, risk management, and wealth and asset management.
Disclaimer: No Business Standard Journalist was involved in creation of this content