6 CARRER TIPS FOR INVESTMENT BANKERS

An investment bank is a financial service that engages financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance and bank in raising financial capital.

Know the investment banker career track - One of the keys to developing a successful career in investment banking is knowing the path to follow and making the most of each step along the way. The investment banking career track begins with an internship. This internship if successful will lead to an offer for a full-time financial analyst role.

Develop your knowledge of the financial services industry - Having a robust understanding of the financial services industry will benefit you not only at the start of your career but also as you move up the ladder into your next role. This means knowing all about the past and present market trends. Having great insights into investment trends for millennials is likely to impress potential employers and show that you are well informed about changes in the industry.

Take relevant classes - Taking a broad range of business, finance, math classes during college can be a practical way to build your knowledge. This is specifically important if you're coming from non-finance background to investment banking. Talk to your academic advisor and seek recommendations based on interests and goals.

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Know what recruiters look for - Although traditional recruiting for investment banking typically focuses on business and finance from top-tier schools and colleges, in more recent years the recruitment process has increasingly become more focused on diversity and on finding talented candidates. Still, candidates need to demonstrate a solid interest in finance. So your resume needs to reflect classes or projects you have worked on which is relevant to an investment banking career.

Take on an internship - Having experience on your resume is better even although knowledge and direction are keys. This is where an internship comes in. It is important in a field like investment banking. You'll gain more exposure to many facets of the industry which will do right by you.

Build your network - An effective way to do such as through internships and networking events aimed at college students and recent grads particularly. Attending recruiting events can also be helpful since you will be able to meet with recruiters in person. Reach out to the members of your school's alumni network since it is considered a common networking strategy in the finance industry.

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Spending hours analyzing market reports and databases to get relevance, preparing investment presentations. Apart from the usual responsibilities, investment bankers may be required to organize meetings.

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