In this blog, we’ll talk about the career of an investment banking analyst, its value, and how to become an investment banking analyst.
The business sector’s rapid expansion and need for management due to its large capital investment can be considered a credit to the popularity that investment banking analysts have gained.
Market trends and financial data are examined by investment banking professionals. To evaluate agreements and assess profitability, they develop and use financial models which help in easy analysis.
Now, let’s take a look at the topics that we will be covering to determine that Investment Banking Analyst is indeed an ideal career path.
Glimpse on the Topics
What is Investment Banking?
It is a service that is provided by investment banks for companies to attain a sense of guidance from someone who is an expert in investments and can guide the companies through the risks, making sure that the organizations are getting benefits from the deals in which they are indulging.
To put it simply, Investment banks serve as financial advisors to major corporations, organizations, and governments.
Numerous investment banks in India provide top-notch services while gradually expanding their clientele. These banks are Axis Capital Ltd, KPMG Capital Ltd, and Deloitte India. Let’s also take a look at the major global investment Banks which include JP Morgan Chase, Goldman Sachs, and Bank of America.
Now with an understanding of Investment Banks, it will be simpler for us to step into one of the roles that these banks provide: An Investment Banking Analyst.
Command the Future of Investment Banking Trends
Your Investment Banking Path
Investment Banking Analyst
Big fat terms have always taken the interest of people for their career choices. A similar case is with Investment Banking Analysts, as they offer advice to businesses regarding transactions involving buyers and sellers and help them close sizable-financial deals during operations like acquisitions and mergers.
Now, the question that arises is, how to become an Investment Banking Analyst? Answering the question one should have a bachelor’s degree including subjects such as accounting, finance, statistics, economics, and business administration in the investment banking course.
They assess and investigate potential investments with the purpose of identifying the one that best aligns with the objectives of their corporate clients.
Based on the needs and aspirations of the customer, investment banking analysts evaluate prospects and make investment recommendations.
The duties of an investment banking analyst have both a technical and a soft skill component.
When it comes to manipulating finance, they go for mathematical work. Whereas, when it comes to communicating with the customers and molding them, investment banking analysts are the ones in the company who are approached.
They frequently serve as a team player on an investment team and are likely to report to an investment banker who will ultimately assist clients in making their final decision.
Sounds easy? Well, further in the next topic you’ll be seeing some words or sentences that are not that common. So, let’s get started with it.
Roles & Responsibilities of Investment Banking Analyst
There are some roles and responsibilities that are taken care of by the Investment Banking Analyst. Try to bear some technicalities that will be coming across as the roles will be explained quite formally in this subtopic. Below are the mentioned roles:
- By issuing debt and selling shares, investment banking experts raise funds for companies and individuals.
- Reviewing and evaluating information for investment portfolios, such as stock and bond performance, credit trends, and other transactions.
- Handling administrative responsibilities such as scheduling meetings, creating reports and other materials, and ensuring the team functions properly.
Now, as you are aware of the responsibilities of an investment banking analyst judge yourself accordingly, whether you fit into the job or not, and if not, start preparing.
Get 100% Hike!
Master Most in Demand Skills Now!
Investment Banking Analyst Salary
Initially, the foremost reason for choosing a career is what it has to offer us in the beginning. If you possess the skill set needed for this position, a career in investment banking has the potential to grow.
With the increasing demand for analysts, the job profile offers ₹12.1 LPA as the average annual salary. The Investment Banking Analyst’s Salary ranges between ₹2.3 Lakhs to ₹25.4 lakhs.
However different companies provide different salary packages, it completely depends on the person and what he/she has to offer to the organization.
For example, major banks like JP Morgan Chase and Goldman Sachs give their employees (Financial Advisor) a salary package of 20.9 LPA on average.
Whereas companies like Accenture and Wipro provide a salary package of 3.7 LPA on average.
However, companies are always ready to negotiate with the applicants if they find them worthy. So, one should consider working on Investment Banking skills, and as a result, career growth will automatically be guaranteed.
Why become an Investment Banking Analyst?
It is a human tendency to have doubts about the job but persistence is what makes a person sustainable.
On average, an investment banking analyst provides assistance for 10-11 hours to senior investment bankers. Still, the job is in demand because:
- With an experience of 2 to 3 years, one can easily move up into senior roles. Being a fresh graduate and getting an analyst would be the very first step of the ladder that one will cross to get higher into the hierarchy chart.
- One will earn a lot as it offers higher compensation than any other fresher job in finance.
- Seeking something big always left people with small diverse choices, similar is the case with investment banking analysts.
- If one is able to take a role in a major investment bank like JP Morgan, it will leave you with great exit opportunities, you can ask for more salary hikes and whatnot. These are the reasons why people are ready to work for longer hours and carve their career paths out of investment banking.
Conclusion
This blog made you realize the hard facts, such as the time you have to invest in the job. It also lets you know about the benefits that you’ll have if you choose this as a career. Also, when one starts from the very beginning of the professional hierarchy it becomes easy to think diversely and act dynamically, hence, letting you excel in your field.
The importance of an investment banking analyst can never fade because of the very fact that earning money is never considered a hard task but investing it in a right place definitely is.
Our Investment Banking Courses Duration and Fees
Cohort Starts date: 15th Dec 2024
9 Months
₹1,77,042
Cohort Starts date: 15th Dec 2024
9 Months
₹1,77,042
Cohort Starts date: 15th Dec 2024
9 Months
₹1,77,042