What are the key roles of an investment banker?
He is like a crazy drunk money bitten by a red ant and chased by a swarm of bees....
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Its the highest paying career for a human being to become if they want to be rich...lol. good luck!!
Today, practically every young MBA student or aspirant wants tobe an investment banker. A blue shirt, sleeves rolled up, a phoneover each ear, dashing from one city to another… and working fornames like Morgan Stanley or Goldman Sachs. While banks handlewealth, investment banks handle the wealth of companies, corporatehouses, organisations, high net-worth individuals and evengovernments. No wonder, investment bankers earn fat pay checks witha lifestyle that is the envy of many. Wall Street is filled withhigh-energy, hardworking young investment bankers who spend hourshunched behind computers, poring over financial statements andchurning out spreadsheets by the pound. . Banks are a vital aspect of any economy. Their activitiesfacilitate basic economic processes of production, distribution andconsumption. They take care of people's savings; issue travellers'checks . ; finance projects; act as executors and trustees; and extendloan and credit services. . Count-less choices . Most banks provide a range of financial services from bankingservices for individual customers to catering to the needs ofcorporate houses. . Investment management is the primary activity of investmentbanks. They manage shares and capital formation of a company. Theyalso manage capital market operations on behalf of the company,managing capital issues, portfolio management, underwriting,selling, and trading securities (stocks and bonds); providingfinancial advisory services, such as mergers and acquisitionadvice; and managing assets, international financing, public issuemanagement and the buying and selling of shares. . Investment banks offer these services to companies, governments,non-profit institutions, and individuals. As financial markets inIndia grow, investment bankers watch the stock markets withtraders, trying to buy or sell big institutions a piece of a newstock while the markets are in session. . Profile of I-banker . As an investment banker, your work would involve advisingcompanies on capital formation, mergers, acquisitions, investmentsand managing capital assets. You will have to liaison withbusinesses, governments, non-profit institutions andindividuals. . You will look into the financial aspects like advising a companyor a client on financial transaction, selling and trading thesecurities, researching the company's background and the marketbefore making any investments, etc. You also have to analyse andmake recommendations to the company, based on the market andcompetitors. . Initially, you may start as an analyst and be responsible forwriting reports, maintaining spreadsheets, trading stock options,research, etc. You will need to involve yourself in an intensivestudy to find out opportunities to invest in profitable shares,debentures and other financial instruments. You need to have in-depth knowledge of money markets, the state of the economy andbusiness and industry in general. Moreover, you will need tocontinuously involve yourself in extensive research on thesesubjects, and be up-to-date with the latest information. . Often,bankers specialise in a particular industry and follow its fortunesover the years. . Some investment bankers handle the investment and control of aportfolio of shares, deciding which shares to buy and which to sellto gain maximum returns for their clients. In such jobs you have tobe accurate in terms of business information as the investor willtotally depends on your reports. It is for this reason thatinvestment bankers are often shown as having sleepless nights and24x7 work schedules. . Wanted, B-school graduates . This is a high-risk job, as your decisions can involve millions,and form the basis of many commercial decisions. . Most foreign banks and financial institutions prefer managementgraduates from the premier management schools, or professionals inaccountancy, (chartered accountants and cost accountants), financeexperts and economists with postgraduate qualifications in finance,economics, financial planning, capital markets and so on. A Ph. Din Economics and relevant experience in the industry can also getyou a good job. . A preliminary on-campus interview assesses personality;aptitude, and academic merit. Those meeting the set stipulationsmust clear a final interview before appointment in a foreignbank. . It is also possible to take banking as a special subject at someinstitutions, prior to applying for a position in a bank. There arealso a few institutions that offer a BA in Banking, or apost-graduate certificate or diploma course in banking. . Foreign postings . Job opportunities for investment bankers, as the term suggests,is with investment banks, broking firms, mutual funds, financialservices companies and other financial institutions. Although theaction in investment banking is still largely centered in New YorkCity and a few other money centres around the world, some of theleading investment banking companies, such as Merrill Lynch,Goldman Sachs, Morgan Stanley, etc, have offices in India, wheretransactions are conducted. . Money matters . Investment banking is among the most sought-after jobs becauseof the high salaries offered to those qualified. Those with MBAdegrees from well-known institutes can expect to start on anaverage around Rs 9-2 lakh per annum. Many are also offereddollarsalaries. With 5-6 years experience, you could earn Rs 12 lakh-1crore pa., depending on the organisation and the position you wouldbe working in. . Skills set . But everyone cannot become an investment banker You need to havethe right abilities and aptitude to be successful in this job.Therefore to get into this field you need to have strong analyticaland mathematical skills, be comfortable with handling numbers andhave a tolerance for taking risks. The ability to take initiative,good networking skills and the ability to keep calm and work underpressure are other qualities that mark out a successful investmentbanker. You also need to have good inter-personal skills, and beable to work with others, as you will have to work in a team withpeople of different temperaments . You must enjoy the fast-paced, deal-oriented work, and beprepared to put your personal life on hold, if necessary for thesake of your job. You also need to have a good knowledge of thebusiness world and the latest market developments. Your success,therefore, will mainly depend upon your ability to communicate,willingness to travel, hard work and the number of profitable dealsyou clinch for the company. . The impact of the economic reforms over the last decade has beenmost significant on the investment banking industry. Economicgrowth and liberalisation has opened up considerably large numberof opportunities in various organisati ons like mutual funds,investment consultancy, broker firms, insurance companies, merchantbanks, pension funds and other financial institutions. . Moreover, the entry of foreign investment banks like MorganStanley, Merrill Lynch, Goldman Sachs, Jardine Flemming, and othershas widened business avenues in banking and job opportunities havegrown significantly. . Training talk . The pay and lifestyle offered by foreign banks can be matched byfew other sectors, and there is tremendous prestige and glamourassociated with them. . Some of these institutions offering a one-year post-graduatediploma in banking: . SNDT Women's University, Marine Lines, Mumbai. . PVDT College, Mumbai. . Other courses in banking and finance are offered at : . Indian Merchants' Chambers, Churchgate, Mumbai. . National School of Banking, Pune. . Indian Institute of Bankers, University of Bombay. . Institute of Bankers, London.
investment bankers profit from companies and governments by raising money through issuing and selling securities in the capital markets(both equity and bonds) An investment ba…nker is someone who issues and sells securities for large corps. and governments, helps investers purchase securities, and provide financial advice. They also help companies merge. Investment bankers typically work a REALLY long work week, averaging about 80-100 hours a week. They get big payoffs though, with the average salary ranging from $80,000-150,000 a year, not to mention the huge bonuses. An investment bank is a financial institution that raises capital, trades securities and manages corporate mergers and acquisitions, I know one Investment Banker and Company Adam Roseman from Arc China , You can also get more information from Arcchina.cn For a first-year analyst, the most junior position, $80k-$120k (including bonus). It rises significantly year on year; and a good MD, the most senior 'normal' position, might expect to earn $1-3MM. Group heads and C-level executives can earn much more than that. You should keep in mind however, that the majority of bankers finish after 3 years in the business, and probably only 5% become MDs. An investment banker looks for investors and advices themaccordingly on the various investment opportunities and plans.
Investment bankers make anywhere from 5 million to 10 million on a bad year.. On a good year they can make up to 1 billion on walstreet. You should for sure be one mang.. NO… THEY DONT MORON. TOP BANKERS MAKE AROUND 5MIL(IN A GOOD YEAR), VERY FEW OF THOSE.
There are multiple periodicals and academic journals that arereferenced by banking and finance professionals. These includeBusiness Insider, The Wall Street Journals, The Econ…omist, andJournal of Banking and Finance.
to b.s. both sides into thinking this is the best thing for both of them and collect a fat fee. No seriously, that is the answer. Ok, less harsh, to bring the parties together… of two businesses that have an interest in merging, takeover, acquisitions, spinoffs etc.
Bankers have been key players in helping individuals take outbusiness loans. However, in the past there was a lot of paperworkinvolved in the process. Now, many banks are auto…mating the loanprocess to make it easier for their clients to get the capital thatthey need for their business.Ã
Being able to help others with their investments and apply your skills of math.
They can earn a high salary, top earners in the country. However, little respect for investment bankers risky job, not always a high earner, (Only when the country is doi…ng well etc.) If you are clever enough to become an investment banker, I would say pursue it, but obviously do some more research into it by talking to bankers and talking to career advisors to see if there are alternatives.
Well, Harvard or such would give you a huge advantage. However, you can get into IB from any university if you learn about finance + network effectively.
The importance of an investment banker is actually the importance of what they do. They hold importance because of the services they provide to the economy and government. The…y provide advisory services for financial transactions such as mergers and acquisitions for companies. Without them there wouldn't be authorization to issue and resell new securities( stocks and bonds),therefore it wouldn't be possible for investment banks to help private and public companies raise funds for the capital markets which include both equity and debt.
The average salary of an investment banker is between $75,000 and$150,000. Their actual salary varies based on their experience, thecompany they work for, and their success ra…te.
to sell at a higher profit to their clients....? They can be buying to collect on dividends, lower cost basis of stock they already own, diversify their portfolios, speculati…on and of coarse profit in the resale.
The short answer: no. The long answer: they are theoretically entitled to reasonable vacation, but it is considered a sign of weakness to use all your vacation time, and you… will not last long if you are not available essentially non-stop.
Any person, who undertakes investment banking activity, employed by himself or an organisation which undertakes investment activity, is an investment banker. Hence he can be s…elf employed or can be employed by an investment banking institution. Investment bankers are those, who can meet the financial requirement of any commercial or government organisation. Unlike a commercial banker, the risks of the investment is normally borne by the investor himself , and the investment bankers assist the investors with their expertise.
Investment bankers are different from regular bankers because they work with stocks and investing money whereas a regular banker just works on your personal accounts.