What type of degree do investment bankers need?
No specific degree is required. A look at the degrees of Investment Banking Graduates (UK & USA) 2007/8 shows that the intake spread significantly from Architecture - Zoologoy. This is not to say that some degrees aren't preferrably over overs. Clearly MBA's rank higher than an MSC or BSC / BA; and clearly a financial / economics degree ranks higher than than a History degree. The real question, is how do I become an investment banker? The answer is simple: 1. Know what you want. Investment Banking covers a huge array banking activities. Before you consider making any applications, I suggest you thoroughly research all these different activities and decide which one you are best suited to. 2. Acknowledge that there are certain things outside of your control. You can't mitigate for the fact you didn't get a 1st at Harvard or Cambridge and you can't mitigate for the fact that you don't have contacts in the cCty or Wall Street who can open doors to interview for you. All highly preferrable but not necessary. 3. Realistically Investment Banking, owing to the salaries & bonuses paid, is highly competitive and therefore you may have to set aside time for significant research, applications and interviews (if you are lucky enough to get one). Don't fret, it takes time. I would advise you choose no more than eight positions, make sure you become an expert on those positions, and then in the interview, do the job i.e. speak as if you are already in the position. 4. Read humorous books on the industry, personal tales about the industry and what people get up to. They may not be scientific (or even highly accurate in many cases) but they will certainly open up your eyes to a new world and get you reading about the industry in a non academic and easy way where by you can learn the lingo and the market phenomena. Good luck!
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Its the highest paying career for a human being to become if they want to be rich...lol. good luck!!
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.
You need 2 know hands on math loan math deposit and many many more so study very hard and watch out 4 robbers.
It is not always necessary to have earned a college degree forentry level banking positions, but a high school diploma isrequired. However, those with at least an associate's …degree inbusiness, finance, economics, or accounting will usually advancefaster and further than those without degrees in higher education.
You dont need any specific ones. But you need a good degree. In maths, physics, finance etc. And to get a good degree you need good a-levels, like Maths, Physics, English or s…imilar. Lots of maths and science helps. Dont bother with chemistry.
You do not need a degree.
Basic mathematics, basic financial modeling, a general awareness of finance and business.
To be a bankers a banker needs a counting degree.
What path should you take to become an investment banker after studying a degree in banking and finance?
well blad basicly yh.. u do 2 btecs for a levels , then apply to oxford and when u get a chance then tell them to f*** off! then employers will come looking for you!
It does depend on the type of "banker" but generally all you need is a 4 year college degree. The best degree for this is a business degree. Within retail, corporate or invest…ment banking there are many types of specialities such as relationship management, credit risk, treasury, accounting each speciality has its own certifications (CFA, CPA, CFP, CPB etc)
hellow their you need 4 tears plus if you are going to ba a banker
the advantage of investment banker is they can earn a high salary, top earners in the country. :)
Yes. That have at a bare minimum a FINRA series 79 license, although it is not uncommon for them to have many other licenses, like the 7 and 63. Unfortunately it's not as easy… as just applying to take the test to become a licensed investment banker. You must be sponsored by an investment company, which they won't do unless they've offered you the job.
The first primary is at least a masters in Corporate Business Management but ideal would be multiple holdings of masters in Business, Accounting and Economics for local invest…ing limitations at a national level but as an international level of investment offering and holdings do recommend international accounting practices as well as international business law. As an Investment banker you would have to have elemental knowledge to identify solid business operations to understand the analysis of business ratings as well as the accountancy procedures that determines reporting of business financial soundness. In most cases it takes both education and functioning experience to get at the level of international investments banker. Today, it's not only limited to the classics but may include IT, and IT security. There are quick course degrees into investment banking focusing on key fundamentals such as mergers & acquisitions - a component of business law - economic policies - a component of economics and etc but quick courses do not guarantee an assured permanence or assent in the field- unlike the dominance of MBA as your primary and minors in economics, accounting, business, marketing or corporate law as well as computer sciences. MBA delves into all basic essential accounting, economics and business law but if garnering a more comprehensive application dealing more than local investments it's best to garner additional knowledge (minors in other degrees applied) to accurately select and procure more concise decision making data to gauge allocation of banking funds & investments. Please note that since the MBA does cover the fundamentals of the lesser degrees described acquiring the minors can be shortened by not repeating specific classes - not all minor do require to be bachelors some maybe downgrade to associates level -or eliminate repeat such secondary required classes such as history, politics, social sciences that maybe required to attain the MBA to reduce time and education costs - this too can be downgraded via internships which should be respected as another form of education as a fast track apprenticeship.
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.