Investment Banking Work

All the leading financial organizations hire masterminds who plan, strategize, and analyze financial data, so that every move of theirs contributes in the company's growth. These employees are called as investment bankers. Investment bankers are the ones who have high level of understanding when it comes to financial planning. They work for government as well as for private sector companies. They play a crucial role in the investment sector. One wrong analysis can take a company down. They are various duties to be performed as investment bankers. Some of the job responsibilities of investment bankers are mentioned as follows:

• Does background research of their respective companies to understand the workflow of that particular company
• After doing enough amount of research on the company, they apply effective measures which will generate more revenues than before
• Those who work in portfolio management, sell and buy company's assets and securities for benefits
• Financiers are the ones, who suggests and advices their clients in financial matters and in managing company's budget or in starting up a new project altogether

Companies generally prefer to hire investment bankers who have impressive academic record. However, there are companies that also hire those candidates who have just finished their bachelor's degree in the relevant field. We will talk about it in detail in our next segment.

Qualification and Training requirement:

Interested candidates must have a minimum of bachelor's degree and should necessarily have a MBA in finance management if they want to pursue this as career. Throughout their academics they should have scored well. Employers generally prefer those candidates who pass out from reputed B-schools with a brilliant aptitude for financial issues. Once hired, every new employee has to go through a training process which is just for introducing them to the company's rules and regulations. You must also understand the present day economic trend around the country and the world. If you have a few years of work experience, then that would definitely give you an edge above others in terms of employment opportunities.

Skills Required:

An investment banker must be witty and not just be a book worm. Some of the important skills are as follows:

• Should have great analytical as well as strategic skills
• Should have excellent communication and presentation skills which will come in handy almost at every point of their career
• Should know to come up with instant solutions to any given financial situation
• Should be able to implement new plans and guide their clients for a better income
• Should be very good at mathematical and statistical skills, as their work revolves around numbers and figures

Salary and Job outlook:

Any investment banker is usually earning in six figures. Salary of investment bankers is considered to be one of the best paid jobs in the employment sector. They have a lucrative as well as a bright future ahead. In today's world there is a great need of investment bankers by taking into consideration the way the world economy has got affected because of the Europe crisis. You will have to be extremely good at your theories and should have absolutely a clear mind while dealing with clients.

It is not easy to advise the head honchos in private sector as well as the government officials, unless you are a master mind in analyzing the financial matters. They should be good at decision making as it is required while they advise their clients.

Work Nature:

The investment banker's work might demand them to travel to discuss work related issues. It might get hectic at time when their company or the country's economy faces a downfall. Other than that, these professionals enjoys occasional offs and usually do not work in weekends. Their work environment is just like any other well constructed office as most of the times they are associated with the Multi National Companies.

If you like the idea of analyzing financial data and have some brilliant plans which leave some great impact in this sector, then you must go ahead and become an investment banker. You will get many chances where you will have to apply your brains to overcome a certain situation.