Banker

Here are a few tips on how to become an investment banker, to engineer the next couple of years and your resume, to better your chances of breaking into Investment Banking. Start Working on Your Resume Early: Investment Banks love all rounders because an Investment Banker is not just a quant jock. She has to balance financial knowledge with analysis as well as client management skills. He has to have a background in working in a team. They like leaders. So make sure you are part of special projects in college and take part in significant team activities. It is also better to focus on excelling in one area, like case study competitions or football, rather than being a jack of all trades. Investment Banks want to SEE consistent academic performance as well as commitment to an outside activity as it shows them persistence and staying power. Look for an Internship: An internship is a great way to get a foot in the door even if it is for an extremely short time or the promise of hours of photocopying. It will give you that all-important insight into how a bank functions. Get Some Training in Investment Banking: Corporate Finance is hard and cracking an investment banking interview will be easier if you do a short training course in Investment Banking
Keep Abreast of Current Affairs: Investment Banking and Capital Markets is dynamic and require you to be on top of the news. So subscribe to the Economic Times and the Business Today and ensure you follow various deals and their outcomes. Choose a couple of industries you want to focus on and make sure you know everything there is to know about them. Have Economic Indicators at Your Finger Tips: Whats the current US/Rs rate? What is the Sense trading at? What is the 10-year bond yield? What is India's projected growth rate for the next year? We, at Imarticus learning offers Certified Investment Banking Operations Professional (CIBOP) programme. This will help you understand concepts thoroughly especially if you are not a CA or a CFA. Most of these short courses also include interview prep with large sample question banks and take mock interviews so that you are ready for the big day. They also train you in aptitude testing which is often the first hurdle and something most applicants fail to pass.

Becoming an investment banker isn't just a whistlestop journey its an amalgamation of academic prowess, perseverance, good networks and some luck to boot. Here are things you require to become investment banker. College Degree: It should preferably be in the finance or economics field. Accounting and business degrees also do well. An MBA or an advanced degree will give you a competitive edge over other candidates who have just one degree to their name. But if you cannot undertake a rigorous advanced degree course, then you can still sign up for an investment banking course that will grill you in the basics and nuances of the field. Affinity for Numbers: Investment banking is all about the numbers. Basic mathematics can only take you so far into the field what will truly set you apart is a strong affinity for numbers, statistics, analytics and visual identification of trends. If you can sufficiently use these to make predictions, then your golden!
Few Internships: Internships are an aspiring investment bankers best friend. The more renowned the company you interned at, the higher your chances of being picked out of a crowd. Consider doing more than one internship, and try each time for a big firm, such as JP Morgan or Deutsche Bank. The more laurels you collect at internships, the more impressive your CV looks and the more confident you'll be while walking into your first job or your first megadeal. Excellent Network: Networking for investment bankers is key, not least because its the first opportunity they get to practice their selling. It is crucial to make an excellent first impression on people who have the capacity to hire you or can whisper in the ears of someone in the field. Those without solid networks neednt fret instead, joining a course that gives you access to an exclusive network of leads and references may just be your get out of jail free card. Additional Certifications: You may be able to land a job without these certifications, depending on other factors like internships, academic prowess and experience. However, once in a cosy new job, consider upskilling or working towards these certifications so your CV is not stale when you decide to move to a better job.

Investment Banking is a lucrative career that promises global mobility, financial rewards and the chance to be part of exciting transactions like Flipkart buying Jabong or Facebook buying WhatsApp. However getting in is often next to impossible as jobs are few and far between and extremely competitive. Here are a few tips on how to become an investment banker, to engineer the next couple of years and your resume, to better your chances of breaking into Investment Banking. Start Working on Your Resume Early
Investment Banks love all rounders because an Investment Banker is not just a quant jock. She has to balance financial knowledge with analysis as well as client management skills. He has to have a background in working in a team. They like leaders. So make sure you are part of special projects in college and take part in significant team activities. It is also better to focus on excelling in one area, like case study competitions or football, rather than being a jack of all trades. Investment Banks want to SEE consistent academic performance as well as commitment to an outside activity as it shows them persistence and staying power. Look for an Internship
An internship is a great way to get a foot in the door even if it is for an extremely short time or the promise of hours of photocopying. It will give you that all-important insight into how a bank functions. Get Some Training in Investment Banking
Corporate Finance is hard and cracking an investment banking interview will be easier if you do a short training course in Investment Banking
Keep Abreast of Current Affairs
Investment Banking and Capital Markets is dynamic and require you to be on top of the news. So subscribe to the Economic Times and the Business Today and ensure you follow various deals and their outcomes. Choose a couple of industries you want to focus on and make sure you know everything there is to know about them. Have Economic Indicators at Your Finger Tips
Whats the current US/Rs rate? What is the Sense trading at? What is the 10-year bond yield? What is India's projected growth rate for the next year? We, at Imarticus learning offers Certified Investment Banking Operations Professional (CIBOP) programme. This will help you understand concepts thoroughly especially if you are not a CA or a CFA.