What is investment banking?… – The Sun
INVESTMENT banking is another division of a bank or financial institution that provides underwriting to governments, corporations, and institutions.
Other primary divisions of banking include sales & trading, and research.
Investment banking is the division of banking that is associated with creating capital for other companies, governments, and other entities.
Investopedia reports that some common things that investment banking deals with are:
Some popular investment banks include:
At work, the bankers are known as financial advisors to corporations and typically issue stocks or arrange the sale of a company.
Investopedia reports that, "Investment bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As) and advising them on unique investment opportunities such as derivatives."
It is also common for investment bankers to provide advice on how much a company is worth along with helping a company figure out how to best structure a deal.
While some companies will hire investment bankers with just a bachelor's degree, many companies prefer an MBA degree in related fields such as economics, business, mathematics and finance.
Along with a degree, most companies also prefer that a potential employee holds a Chartered Financial Analyst and Chartered Accountant certification.
Upgrad reports that some of the skilling needed to become an investment bankers include:
While it is not easy to get into the world of investment banking, there are many benefits to the career, including a nice salary, which ZipRecruiter estimates can falls anywhere between $33,000 to $150,000.
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