Yet another hot career from the realm of the finance industry is investment banking. You’ve all seen the typical Bollywood mother practically faint with happiness when it turns out that her daughter’s to-be husband is in fact an investment banker. Not without reason apparently, since this job profile is rather dynamic! The following paragraphs go on to discuss what investment banking jobs entail, how one can grow into and within them, and the skills one should be fluent with for developing a successful investment banking career.
So what do investment banking jobs entail? An investment banker is a financial wizard, a genius with numbers, and a prophet in a sense. He or she is responsible for studying the accounts of a company or client, and assessing financial risks and threats on the basis of these. He or she is also responsible for drawing up a suitable financial plan for the company or client, and for liaising with the legal and financial teams to handle mergers, acquisitions and investment tactics. It would not be wrong to say that an investment banker is practically the life and soul behind a company or client with regard to the fiscal year.
If you’re looking for investment banking jobs in India, you could be in a better position to land one if you develop certain skills. Invest bankers need to rate high on communication skills, along with analytical and creative ability. These jobs are also a little difficult to break into right at the start of one’s career since they warrant high domain experience. Consequently, the most common route to landing investment banking jobs, particularly right after graduation, is by working as an analyst. The next position following this is that of an associate. These two positions give one ample insight and experience relevant to what one will be doing once one becomes an investment banker and are, thus, equally important.
The need for communication skills while landing investment banking jobs is high since towards the middle of an investment banker’s career, he or she is responsible for interacting with clients and closing deals. For the same reason, an investment banker also needs a well rounded perspective on micro and macro economics and current market trends. A good hold over these areas will equip one in this position with a thorough ability to analyse investment risks and possibilities, and plan ahead for the future.
Investment banking jobs require hard work, but reap high rewards. If you are starting out, be prepared for long hours with high stress situations. But you needn’t feel disheartened. On the contrary, get used to an extremely satisfying work experience, and a great feeling of accomplishment!
All things considered, investment banking jobs in India are a lucrative job opportunity with lots of room for growth. Starting salaries are around 25,000 INR a month, minus perks and bonuses, and job security is typically guaranteed, given the position’s niche nature and disposition. So work hard, be meticulous and think out of the box if you believe Investment banking is your career path.
Investment banking jobs are currently available in cities like Mumbai, Bangalore, Chennai and Pune. For more information, you can log on to www.careerbuilder.co.in
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