Introduction to Investment Banking Career - E-book - ePub

Investment banking is that specific banking division which dealswith creating capital for other organizations and government orother entities. It is the job of investment banks to underwriteequity security and new debt for various kinds of corporations, to facilitate acquisitions and mergers, to create a sale of bondsand securities and facilitate broker trades and reorganizationsfor private investors and different institutions.
An investmentbanker helps government and companies to manage projectsand thereby saving time and money of the clients. They arereal experts in investment banking and so businesses movetowards them for valuable advice on investments for they areaware of the investment climate. They offer advice on the basisof the current economic and market scenario. An investmentbanker's career progresses along the standard path.
Aninvestment banking professional occupies any of the givenpositions like an Analyst, an Associate, An Account Manager, aDirector, and Managing Director at a given period of time. Anundergraduate can apply for a Banking Analyst position for it isthe lowest in the investment banking hierarchy chain. Theinvestment banking career is so demanding that the analystseven have to work for 90-100 hours in a week.