Build your success with Investment Banking Services
career in investment banking
Investment banking is one of the most challenging areas for people who are interested in banking industries and are willing to build careers in it. This area of professionalism is considered as a lucrative industry. In practice, most institutions are purposively recruit candidates from reputable universities and schools. They emphasize on strong analytical skills, communication skiils, and aptitude for number as their main criteria to select employees.
Career options
Investment banking could be a very interesting option for one’s self-actualization. It is emphasized on those possessing high self-drive, confidence, and stamina since invesment banking world is quite though. A person needs more efforts to survive and succeed, both physical and mental efforts. This financial service industry requires long working hours, especially when dealing with deadlines. In general, normal working hours ranged from 60-70 weekday hours. In case dealing with deadlines, this working hours may be extended to weekends.
If you think investment banking is a small and monotonous industry, you are definitely wrong. Investment banking has numerous different sectors in which you can build your own career path. In each of different sectors there are various divisions. When choosing a career path, one should be very careful. When applying to a bank, he/she has to state clearly which division he/she is willing to enter. The choice should be made after careful considerations, especially those related to one’s abilities and interests.
Below are some of the sectors on investment banking service industry:
- Corporate Finance à Corporates finance emphasize more on managing corporate’s capital structures. People on corporate finance deal with determining the optimal capital structure, by determining the rational composition of debt and equity capital. They also struggle on capital structure when approaching to do mergers and acquisitions with other companies. In advisory services include the corporate finance sector specialists; they usually supported by the general service teams
- Sales and Trading à This sector is known as the most popular sector in investment banking services. Abundant employees are required to work on this “deadly” departments. Their job is to inform clients regarding certain banks’ performance on certain assets and relatively to the markets. Employees are required to be a hard workers and fast in making decisions. Sometimes they need to make critical decisions in just a few seconds. Sales and trading departments’ staffs are dealing with clients more often than working individually. They may spend hours having discussions with clients. No wonder that strong communication skills are important. These staffs have to understand the research reports and analysis about the markets condition. They must deliver the reports in a very convincing manner to the clients.
- Research à Researchers are dedicated themselves to build reliable reports in specific business sectors. The reports contain the recent news happened in the specific business area being researched. Analysts in Research Departments specifically develop analysis on their area of interests. Both analysts and researchers are required to have strong analytical skills, communicative manners, and the ability to presents ideas in order and as clearly as possible to the clients.
Do you have the requirements above? If it is a “yes”, prepare yourself to enter the world of investment banking services, where you are challenged to build your own career path as a matter of your self-actualization. This industry is lucrative, interesting and rewarding for you.
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