Investigative Finance & Mathematical
Investment bankers are responsible for identifying and securing privatisation, merger and acquisition deals, managing and investing large monetary funds, and buying and selling financial products on the behalf of their clients.
- gathering, analysing and interpreting complicated numerical information
- assessing and predicting financial risks and returns
- providing investment advice, tactics and recommendations
- preparing legal documents and prospectuses
- liaising with accountants, lawyers and financial experts
Investment banking provides high levels of responsibility and good promotional opportunities. Graduates in investment banking generally earn more than graduates in any other sector. Very long hours are common, but many in this sector make enough to consider early retirement.
Personal Qualities and Skills
Key skills for investment bankers
- Ability to work under pressure
- Good IT skills
- Analytical skills
- Teamworking skills
- Numerical skills
- Verbal and written communication skills
Pay And Opportunities
Typical employers of investment bankers
Investment bankers are typically employed by banks and other financial institutions. Vacancies are advertised by careers services, online and in national newspapers and publications such as Business Week, the Financial Times, Investors Chronicle, The Economist and The Banker, plus their respective websites. There are several graduate schemes available with investment banks. Applications for work experience and permanent vacancies should be made as early in the academic year as possible.
Qualifications and training required
A good degree (usually a minimum of a 2.1) is acceptable and qualifications in subjects like law, business studies, management, mathematics or economics can be advantageous. So too can an MBA or a similar professional qualification. Networking and relevant experience, such as internships, are particularly beneficial and interns are often hired for full-time graduate roles.