A Career in Investment Banking

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ANALYSIS OF A CAREER IN INVESTMENT BANKING

ANALYSIS OF A CAREER IN INVESTMENT BANKING

INTRODUCTION

What is Investment Banking

Dictionary defines ‘investment’ as “the money that people or organizations have put into a company, business, or bank in order to get a profit, or to make a business activity successful” (Longman). An investment banker is someone whose job is to make investments as successful and as profitable as possible. It is investment banker’s job to use the knowledge of the market and economy in advising his/her clients on a variety of financial matters.

Who is an investment Banker

Investment bankers perform a wide range of finance-oriented functions. They control the issuance of stock and oversee its sale to the public. They analyze the probability of success of a single stock, or a whole area of public companies. They also recommend and execute merger strategies, as well as the buy and sell bonds. Because of such a wide range of tasks, investment bankers should not limit their education to a single major of study.

Education of an Investment Banker

To get the most money and the most satisfaction out of a career in investment banking, a person should try to graduate from the most prominent university. Various schools offer excellence in various areas of study. A university can have the best finance division in the world, yet its accounting or economics department may not even make it to the top fifty rankings.

Choosing the right university is very important since most students have preferences not only in terms of academic reputation, but also with regard to location, price, diversity, admission standards, and many other factors. To be an investment banker a student does not have to ...

... middle of paper ...

...ou, you should talk to investment bankers. Find and talk to bankers who are in different stages of their careers in order to gain insights about the field. Try getting some information from the investment banks. Getting an internship at an investment bank would not only provide you with a wealth of information about the career, but would also allow you to start developing a network of contacts. You should also lookup the references attached to this report for some additional information.

Bibliography:

SOURCES

Careers in Finance. Careers-in-Business, LLC.

1 Dec. 2001

Libman, James, Vice President Witton Capital. Personal Interview. 7 Dec. 2001

Lonngman Web Dictionary. Pearson Education Limited

23 Nov. 2001 .

The Princeton Review. The Princeton Review, Inc.

25 Nov. 2001

The Wall Street Journal Online. Dow Jones & Company, Inc.

25 Nov. 2001

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