Technological advancement combined with fast growth in the financial sector has caused a sea of changes in the banking sector as well. Due to this, various sub-domains have popped up in banking, leading to the rise of new jobs. That is why the investment banking sector requires an influx of new professionals adept with all the facets of the domain. At this time, it is highly advantageous to embark on an investment banker career and prepare yourself well for the rigours of the system.
What is required to become an investment banker?
There are multiple roles in the investment banking sector which cover the various facets of the job and are in heavy demand. That is the reason why many management and banking institutes are offering a wide range of banking courses. Have a look at all the banking, finance or management courses in universities and colleges all around the world. You will be able to see various short- and long-term degree programmes and certifications for pursuing the coveted investment banker career.
To guide you through this career dilemma, here are some suggestions:
Certifications (with curriculum and careers) in the investment banking sector
Before we begin enlisting the certifications, we would also like to mention that you could be from any stream, arts, commerce or science. But, if you want to embark on a banking career, then you should be good with numbers and also possess good financial skills along with an interest in the banking sector. With all this in your pocket, you are ready to become an investment banker. And by the way, all these certifications offer investment banking courses with placement.
Chartered Financial Analyst: The curriculum of CFAs revolves mostly around investment tools, valuing assets, portfolio management and wealth planning. You can work as a hedge fund analyst or a mutual fund advisor. Bond issuance could also be a good field for you.
Certified Public Accountant/Chartered Accountant: These courses are the equivalent of each other and are known by these two monikers in various countries. They are usually concerned with the bookkeeping and taxation side of investment banking. The curriculum also contains a detailed insight into compliance laws and ethics. After completing CPA or CA, you could either be hired into the mergers and acquisitions and divestitures domain or corporate restructuring.
Certified Investment Banking and Operations Professional: It is by far one of the most popular investment banking courses in India. It is also one of the highest-rated banking courses with placement. It contains a good introduction to the financial market. You will understand what cash equities, fixed income and foreign exchanges mean. Then, you will be taught about the trade life cycle and risk management, where you will understand the working of investment banks in detail, especially about KYC and anti-money laundering. After that, you can either become a credit analyst or a debt or equity advisor.
MBA in Investment Banking: This course contains a diverse study of investment banking. It equips students with tools to analyse different types of financial securities. Managing investment portfolios is also a part of the curriculum. After completing the course successfully, students can be employed as financial risk managers or analysts in investment banks. They could also be placed in the investment funds departments or financial institutions that lend capital to HNWIs (high net worth individuals) or corporate houses. They could also become a commercial banker or a credit analyst.
These are some of the facets of investment banking that are presently in high demand. And, to make the most of these opportunities, you need access to an investment banking course with placement. Since there are multiple such courses in the market, deciding which one to go ahead with becomes confusing. In this case, you can look into the certified investment banking and operations professional course by Imarticus Learning. It includes a detailed banking curriculum along with placement assistance, which further helps students fulfil their dream of securing a place in this sector.