How to become an Investment Banker

How to become an Investment Banker: The revenues of the investment banking industry have been increasing by 7% yearly since 2028. The job of an investment banker is considered very lucrative. To become an investment banker, a multi-step process must be followed, including education, ambition, experience, hard work, and connections.

Pursuing a degree from an Ivy League College or any other prestigious B-school can help in finding a good job in the investment banking sector. All the other details on how to become an investment banker can be found below.

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How to become an Investment Banker in India

Investment bankers are those professionals who combine financial services, analytical prowess, and effective connections to support institutional clients in capital raising, mergers, and acquisitions. Investment Bankers generally work for an investment bank or the investment banking division of an organization. 

How to become an investment banker is posed by a lot of students, as this career is associated with a high salary, networking opportunities, and the ability to play an important and visible role in the success of a company. Becoming an Investment Banker in India typically follows the following route:

• The first step, as with most other careers in India, requires a candidate to pass its 10+2 examination with an aggregate of 50% and above from a recognized board in India

• Next will be to clear any competitive entrance examination in the country, like GMAT, SNAP, XAT, NMAT, CAT, etc, for admission to specific colleges for graduation and post-graduation degree in investment banking.

• Complete the undergraduate degree, which can be either a BA in Finance, a BBA in Finance, or a BA in Economics. These degrees often include investment banker courses.

• Continue with a master’s degree in a relevant discipline for opportunities of career advancement. Candidates can opt for an MBA in Financial Management or an MS in Finance.

• Candidates can next opt to earn a PhD. But it is optional, but it can be helpful for higher career prospects. Candidates can specialize in corporate finance theory, foundations of business research, etc.

• Earn a key certification online, such as the Chartered Financial Analyst (CFA) professional course, which is designed to offer candidates intensive learning and practical skill training on finance and investment.

• Candidates are then required to complete an internship to experience the real-world work environment. They can apply for an internship in an investment bank within India through job portals or directly apply to Banks and NBFCs.

• After gaining some work experience through the internship, candidates can build their resume, work portfolio, and start applying for a full-time job as an investment banker.

How to become an Investment Banker after 12th

To become an investment banker after the 12th grade, candidates are required to clear any competitive entrance exam and then pursue a bachelor's degree, preferably a BA in Finance, from a reputed institution. Candidates then need to apply and complete some online certification courses including CFA so as to underswtand the nuances of finance and investment. They can then apply for internship with any bank or financial institution. After gaining work experience, candidates can then build their resumes and start applying for full-time roles as investment bankers.

Investment Banker Degree

An investment banking degree in finance or economics is generally the starting point for entry-level jobs as an investment banker. Investment bankers also belong to other educational backgrounds, like accounting and business. 

• New Investment Bankers are primarily chosen from the top Business schools in India, such as the IIMs. 

• Candidates can still become investment bankers without a degree from institutions like IIMs. But still, choosing the right Institution and investment banker degree goes a long way in defining a candidate’s investment banking career.

• Acquiring a Master of Business Administration (MBA) degree or a Chartered Financial Analyst (CFA) certification can also help.

Investment Banker Salary in India

The Investment Banker Salary in India can vary widely on the basis of the financial organization, role, experience, etc. It can also vary based on the location or region from which the investment banker belongs.

• The salary of an Investment Banker in India for an entry-level position like Investment Banking Analyst can range between INR 6 Lakhs to 17 Lakhs annually.

• Salaries of experienced investment bankers like a Managing Director can range anywhere between INR 55 lakhs to 1.5 crore annually

Investment Banker Courses

Investment Banking is a very lucrative and competitive field in India. It requires a combination of knowledge in Finance, analytical skills, and strong business acumen. There are several Investment Banker courses which can be summarized as follows:

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