What does it mean to work in investment banking?
Essentially, investment bankers are financial advisors to corporations and, in some cases, to governments. They help their clients raise money. That may mean issuing stock, floating a bond, negotiating the acquisition of a rival company, or arranging the sale of the company itself.
What is it like working at an investment bank?
Investment bankers meet with clients, prepare offers, run financial projections, and work on pitchbooks, that help generate new clients. The work is lucrative but the days are long and stressful. Superior social skills are required for success in the field. So is stamina.
Why do you want to work for investment management?
Confident: you’re not afraid to ask questions, debate with your colleagues, challenge old ways of doing things and suggest new ones. You’re good at weighing up information and making decisions. Dedicated: you’re ambitious and work hard. You thrive off learning and discovering new information.
What skills do you need for an investment banking job?
Intellectual Abilities.
Why do investment bankers make a lot of money?
On a deal, the client pays for those. And even if the client didn’t pay, these expenses are nothing next to multi-million dollar fees. Investment bankers make a lot of money because they sell companies for huge amounts of money while earning a generous commission and spending hardly anything in the process.
Why do you love your job as an investment banker?
Pros: The training you receive is extensive and will never end. This means you have a real chance of getting better and better as time goes by not only at your This job opens doors that others simply cannot. If you are lucky enough to work for a big investment bank, then you will meet some fascinating people. The compensation is outstanding.
Why does everyone want to get into investment banking?
Positive reasons why you want to go into investment banking Valuation & financial modeling work . Investment banking offers the opportunity to become an expert at building large, complex financial models at the earliest stage of your career. While bankers aren’t necessarily great investors, they do spend a lot of time on valuation work, and this can be an excellent way to start your career.