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Career research project

Career research project. By Ryan Wilson. Job I have chosen . Investment banking . Primary duties and responsibilities .

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Career research project

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  1. Career research project By Ryan Wilson

  2. Job I have chosen • Investment banking

  3. Primary duties and responsibilities • investment bankers work in investment banks, corporations, brokerages or small investment banking firms. They counsel clients on financial issues such as arranging capital, managing assets, trading securities and issuing stock.

  4. Training/education requirements • Analytical skills • Specific valuation and financial analysis • Financial statement analysis • Spreadsheet modeling • Communication and writing skills • An economics, finance or business degree is a good place to start

  5. Wage range and average wages • should range from $100,000 to $150,000 after bonus. Most of the major banks in NYC are offering a starting salary of around $75,000 plus a $15,000 to $20,000 signing bonus. Further bonus can range from $20,000 to $40,000 depending on performance. Starting salaries with an MBA degree (associates position) range after bonus from $120,000 to $220,000.

  6. Job outlook • Ten year job growth 34% from 2006 to 2016 • Current jobs 13000 • Online want ad growth 7%

  7. What will it take to get there • To get this job it will take hard work in collage • It will take all I can do to become a investing banker. MBA in business

  8. Why I wont this job • Investment banking sounds exciting and alluring. And it lives up to its reputation. If you're good at this type of work, you really can become rich. • "Total compensation can explode to $8 to $10 million. But can be very hard to start off.

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