Among the well-known banks currently operating in India are HSBC, ABN-AMRO, BNP Paribas, Deutsche Bank, Nomura, Citi Bank, and the Mellon Bank of New York. Large financers like Goldman Sachs, JPMorgan Chase Bank, Morgan Stanley, and Barclays also operate from here. Among our very own Indian investment banking well-knowns are ICICI IB and Securities, HDFC, Avendus, Kotak Capital, Bajaj Capital, SBI IB division and Yes Bank.
Investment banking plays the intermediary role in assisting HNIs, Corporations and even small companies raise and manage their financial investments. They provide assistance in selling equity and debt securities like shares, stocks, debts, bonds and more. Investment banking certification covers and teaches you all about the services of an investment banking career. Namely,
• Acquisition advisory
• M and A mergers
• Security trading
• Custodial services
• Corporate finance
• Debt restructuring
• Other services.
Why Foreign Banks Love India:
Do you know why most foreign banks operate from India? This is so, due to the availability of talent, such employees being largely English spoken, and lowers operating costs when compared to the other English speaking nations like UK, USA, Australia and such. Back-offices are also readily available in terms of LPO, KPO, transcription, and such services being readily offered by Wipro, TCS, Infosys, Syntel etc among many others.
Investment Banking focuses on exploring the bank’s services in the markets. Here is a brief explanation of the markets involved in an investment banking career.
The Equity Market has three categories:
Equity Fund services: Here raising capital, IPOs, financing deals are the mainstays.
Convertible Bonds: Debts that convert into a share in equity help raise company capital through the issuance of such convertible bonds.
Syndicated: This interbank transaction involves multiple-bank equity deals.
Debt investment banking markets where sales, funding and trading are involved based on the asset class, the objective of the investment and structure. The noteworthy segments are
The mutual funds: The money collected from investors is invested to make sizeable profit/loss as a partnership effort.
Equity Funds: Funds invested in company shares, equities and stocks carry a high degree of risk and provide higher returns when traded in or sold.
Debt Funds: These government bonds, company debentures, and other fixed assets are considered low risk as they provide a fixed percentage of income on maturity and when traded in.
Investment Banking Career Scope and Payouts
With data analytics and a highly dynamic and evolving technological scenario present in India and globally, European companies like Lehman Brothers, Merrill Lynch, Credit Suisse and very many large financial banks, groups and even NBFCs operate in India. This ensures the local talents find lucrative jobs and make their careers in investment banking. There is hence great demand for talented youngsters, training and investment banking courses that actually make you job-prepared. Good institutes like Imarticus Learning have mushroomed over the last decade with a global footprint. Hence the scope for job-roles in investment banking has steadily grown and is today the most popular choice of career aspirants.
Now have a look at this table, where Payscale reports an average salary of 508, 855 Rs for a fresh starter. Salary components can vary between 177,560 to 1,545, 630 Rs and have added bonuses from 2,517 to 524, 023Rs depending on your skills and performance. Thus the total pay can be much higher and very lucrative in comparison to other jobs. However, doing a course is essential and the Investment banking certification provides the measure of your skill and knowledge and has come to also be a prerequisite for interviewers.
Just remember at interviews to
• Dress neat and professional.
• Prepare for the interview and research your subjects, the company applied to, job-profile etc well.
• Practice and reinforce your learning until perfect.
Requisite investment banking skills:
To become a successful investment banker you will need to be one who has
• Good academic record and at least a graduate.
• Fluency in English communication.
• Analytical-thinking ability.
• Excellent forecasting, predictive and analytical skills.
• Problem-solving capacity.
• Subject expertise is very desirable.
• Strong skills in Excel, other financial software.
Wrap up notes:
The IB role is both financially and career-wise a rewarding prospect. Essential to the whole equation is knowledge and training at the interview, placement and on-the-job stages. Do your at Imarticus Learning to take advantage of certification, assured placements and a firm footing in the industry. Hurry and enroll.