Pre-requisites of becoming an investment banker

1. Pre-requisites of becoming an investment banker Time and again we have heard how investment banking is the most glamorous careers to pursue. All suited up bankers striking deals with big fancy clients who are ready to invest money or help other businesses raise venture capital. Of course, it is not every day in any other career that you get to deal with the top most business names in the industry and also help them to expand their business and push the horizons of their business further. While the end product is really a fruitful one, the journey to it is not quite an easy one. For the starters, you need to have proved your self consistently in your undergraduate degree and should also have possessed skills that are necessary to be working in one of the top investment banking companies in India. Just having theoretical knowledge is not going to be sufficient if you want to ace in your career as an investment banker. While your theoretical concepts need to be clear, you need to be able to use that knowledge in the practical world, in real life. Along with that, hard work and perseverance will help you a long way as well. if you really want to be working in an investment banking company or you want to work for the leading wealth management firms or asset management companies too, you need to have a degree in finance both undergraduate and masters. Along with that it is also necessary to know where your strengths lie. While it is a dream of many people to be able to work in the most prestigious investment banking companies in India, however, not every body is always made for it. while you might be interested in the field of finance, you need to cautiously observe where your strengths and weaknesses lie and choose your further path accordingly. The preparation for being into investment banking starts early. Not just preparing for your degree but you also need to be on the look out for all the financial trends happening in the market and you also need to study the markets and the movements of the biggest decision makers in the industry. www.avendus.com

2. Reaching the glamour stage of investment banking does not happen so soon. It takes time and a lot of hard work to reach that stage. In your initial years working as a junior in an investment banking firm, you will be needed to spend a tiring number of hours to make sure that the work gets done and the seniors are reported to. As you go up the ladder, the workload may decrease, but the responsibilities increase exponentially. Investment bankers have the new age power to change the market trends and to affect the valuation of a company drastically. They need to closely work with their clients to understand their needs and requirements and help then raise capital accordingly. Along with that, they act as the guiding support for a company’s success. What the clients achieve, depends heavily on them. www.avendus.com