Investment bankers are highly respected professionals in the finance sector. They help companies get the necessary funds to achieve their goals. They are also responsible for helping companies attract investors and determine what is the best way to solve their financial issues.
In the following sections, we will discuss how to start a career as an investment banker, how investment banking works, and how you should get started in this sector:
Why become an investment banker?
A career in investment banking can be highly lucrative and rewarding. The statistics are the best proof for this claim.
In India, the average pay of an investment banker is ₹9.04 lakhs per year. Their salary starts from ₹2.86 lakhs per annum and goes up to ₹50 lakhs, depending on their experience, skills, and employer.
You can easily bag a high-paying salary in this field as you gain experience. The average salary of an investment banker with five to nine years of professional experience is ₹20 lakhs per year. Apart from the lucrative pay package, you will also have the opportunity to work with senior executives, investors, venture capitalists, and other highly esteemed individuals when you will be working as an investment banker.
Further, becoming an investment banker would provide you with a stable and secure career path. Investment bankers are regarded as one of the best-paying jobs globally, so it is certainly worth the effort and time.
How to start a career as an investment banker?
To become an investment banker, you will need to be well-acquainted in management, statistical analysis, finance, financial law, and other relevant subjects. Investment bankers have to create fully detailed financial models to facilitate M&A (merger and acquisitions) transactions, and financial planning and analysis.
They also have to evaluate companies for investments and use different methodologies, such as LBO (leveraged buyout) and transaction comparisons, for the same.
Due to such complexity of this role, companies look for certified and highly skilled professionals. That is why it is best to get an investment banking certification to become a professional in this sector.
There are many courses for investment banking in India. You should choose the ones that teach you the necessary concepts most efficiently.
It is best to look for online courses for investment banking as they teach you financial modeling, statistical analysis, and other important concepts safely without requiring you to leave home or go anywhere.
Moreover, you will need to understand how investment banking works, so look for an investment banking certification that teaches you industry-relevant skills from subject matter experts through assignments, lectures, and projects.
You can check out our Certified Investment Banking Operations Professional program that we offer with the London Stock Exchange Group.
In this article, we learned how rewarding a career in investment banking is. We also learned how getting an investment banking certification can help you become an investment banker. It can be a highly rewarding and meaningful career.