The different types of investment banking jobs: Junior and Senior levels
No doubt, Investment banking is one of the most sought-after and prestigious careers in the market. It is well known for providing lucrative opportunities, and the career growth potentials are quite promising. Every year, thousands of individuals apply for investment banking jobs, but only a few are lucky to get selected. The competition is fierce, and one must possess the right skill set and knowledge to compete in this industry.
So, if you are aiming to become an investment banker, then you should know that there are two different levels of investment banking jobs - junior and senior level.
Junior investment bankers usually perform research, analyze financial data, and help prepare reports. They are also required to conduct market research and provide project management support. Meanwhile, senior investment bankers focus on high-level activities such as mergers and acquisitions and corporate finance transactions.
This post will discuss the rise of investment banking as well as different types of investment banking jobs in more detail.
Table of Contents
Rise of Investment banking
The investment banking sector has seen unprecedented growth over the past years, thanks to the global economy's shift towards a more digital and automated approach. This industry is now taking advantage of technology and automation more than ever before, helping banks to stay competitive in this highly volatile market.
You will not even realize that the investment banking industry has grown like never before. Most of the big financial institutions have already started to make use of digital channels to provide better services and also improve their overall efficiency. These technological developments have made it easier for investment bankers to stay ahead in the game and attract more customers.
Different Types of Investment Banking Jobs
As we discussed earlier, there are two different levels of investment banking jobs - junior and senior.
Let's discuss each level in more detail.
- Junior Investment Banker: This is the most common entry-level position from which you can become an investment banking associate. Associates are responsible for conducting research and analysis to support senior investment bankers. They also provide project management assistance and help in determining the best opportunities for their clients. Furthermore, they may be required to provide support in the preparation of presentations, financial modeling, and the capital raising process.
- Senior Investment Banker: This is the more advanced level of investment banking job, which requires a great deal of experience and expertise in this field. Senior bankers are responsible for managing high-level activities such as mergers and acquisitions, restructuring, syndication, capital markets transactions, and private placements. They are also responsible for making strategic decisions and leading the team of junior investment bankers.
In addition, a lot of people are now opting to do an Investment Banking course with a placement option. This is one of the ideal go-about to get into this industry, as the courses provide in-depth knowledge about all areas of banking, such as finance, economics, and corporate strategy. With this, you can get the necessary skills and knowledge to become an investment banking professional in no time. So, don't miss out on this great chance and make investment banking your career.
Discover Investment banking courses with Imarticus Learning
Imarticus Learning provides investment banking courses after graduation with placement options for those willing to pursue an investment banking career. They offer a comprehensive and interactive program that covers the extensive field of investment banking, giving you the right skills and knowledge necessary to succeed in this industry.
Course Benefits for Learners:
- Students will gain in-depth knowledge about financial instruments, capital markets, corporate finance, and risk management.
- Students who are looking to begin their investment banking career may get the help to succeed in the competitive job market.
- After completing the investment banking course with placement, students can get on-ground placements in well-known financial institutions.