Wednesday, April 15, 2020

What Working with An Investment Banking Company Is Like?


If your dream is to be working with one of the leading investment banking firms in India, then there are probably some things that you might want to consider and have the pre-requisites for it to happen. First, you need to have an understanding that working with an investment banking firm can be very taxing. It demands not just your time and attention to details in on the market trends, but also demands a lot of your energy too. In the initial years as an investment banker, you might have to slog for more than 12 hours a day sometimes, just to make sure everything is going in the right direction and you keep up with the race. As you go up the ladder, the number of hours you need to put in might lessen. You also need to have a degree in finance or subject related to investment banking, to get working into it. You might also need to clear a specific exam or a take a test before you are recruited in the top investment banking firms in India or anywhere outside in the world. You also should be able to do the number crunch fast and have knowledge about all the ongoing trends. the job at an investment bank is very different from that of wealth management firms. In wealth management, you need to focus on taking care of your client’s wealth and assets, taxes, filing for returns, and managing them overall. Whereas in investment banking, you focus on the financial performance of the company as well. As an investment banker, you must be a part of the financial growth of a company, mergers and acquisitions, underwritings and more. You need to be actively involved in the decisions take by the firm and advice your client about the same.

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