Imarticus Learning
India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management
An Investment Banker is very similar to a banker and performs functions that are very alike. The difference here is that an Investment Banker deals with big firms and companies. Just like a personal banker offers his clientele valuable information on how to manage their finances, so does an Investment Banker. The main functions of such an individual or Investment Banks is to function as financial advisories to companies which includes, underwriting debt, valuing companies, conducting analysis in terms of what sort of financial expansion benefit a firm and many others. Essentially, these investment bankers are appointed to act as middle men between firms and investors. Some of their major functions involve; saving their client’s time and money by valuing and identifying risks, pricing financial instruments, providing timely advice on the buying and selling of stocks and bonds, valuing as well as striking deals which profit their client firms, basically ensuring that their client has a security blanket from losing substantial monetary assets. With the rise of the modern investment banks, which are banks that act as commercial and investment banks, catering to people and firms at the same time. The fact that a career in Investment Banking runs into closing deals worth big bucks, navigating through crisis towards fairer tides and more, it is fast becoming the most sought after. Here are a few reasons as to why a lot of people opt for a career in Investment Banking. Investment Bankers Are Known as the Blue Eyed Boys Of The Corporate World Careers in Investment Banking are seen as safe-bet careers, meaning that once a person gets the job, he is pretty much secure in all the aspects. Now for a person to get a job which is tailor made, it is necessary for them to be exemplary. There are a lot of top graduates from top IB and Business Schools working in this industry. Thus to work with great minds becomes a great incentive for people to get into Investment Banking. Money, Prestige, Brains It is a known fact, that likeminded people prefer working together. Similarly it is also known that Investment Bankers are people with high intellect and exceptional analytical skills. This is why a lot of IB graduates today want to work with someone who shares the similar intellect. Money plays a great factor here because, dealings with big firms definitely does pay you big bucks. An investment banking job comes with great prestige attached to it, as you go around with head honchos of firms, dine at fancy restaurants and visit the offices in various cities of the world. These become real solid reasons for a person to look for a career in this field. Easy Recruitment Process Most Investment Banking Schools host various campus placement programs where a lot of big firms are called to select people. The fact that, these firms make the ‘getting into investment field’ process so easy is the reason why a lot of students wish to take up jobs in this field. Add to it the fact that these jobs are also a way to land more prestigious education programs, make these jobs more lucrative. Family Apart from money being the obvious reason, the fact that in this career, money makes the world go round is highlighted. The many benefits of a job here like mandatory vacations, great opportunities, exponential career growth etc; lead to a lot of families making it their career altogether. Thus if someone has all their relatives in this field, it is but obvious that they would want to pursue it as well. Many families have their younger generations, enroll for courses in Investment Banking and finance as soon as they graduate for the same. There are a lot of institutes offering courses in Investment Banking in India. Imarticus Learning is a leading education institute which offers both long term and short term courses in Investment Banking.
0 Comments
It is common knowledge, that when the number of people interested in a field of study grows, the quality of education offered by various institutes also grows, thereby increasing the expectations of the recruiters of the corresponding industry. This also means that the aspirants in the same industry have to be of in possession of a certain set of skills to get there. Investment Banking is fast becoming the sought after career option, mainly because of the sterling opportunities and benefits that it has to provide as well as the fact that it is a very crucial part of the economy. This is one of the few reasons, as to why students look for career opportunities in Investment Banking. Aspirants of Investment Banking are either students who have had a background in finance, or have taken courses in the same from some noteworthy institute that offers the same. Some aspirants can also be students who although have no background, but have a substantial interest that they would want to turn into a career. These aspirants are always on the lookout for learning as many things as possible, for the field that they aspire to make into their career. Although there are quite a lot of sources, which provide scores and scores of information on aspects that one needs to prepare for a career here. Here is a few must know things that one needs to know, if they aspire to be an Investment Banker someday. Be the Best Candidate for the Interview There are a lot of informative articles which provide very generic information on how to be the best candidate for the post. Most often than not, these tend to beat around the bush and rarely get to the point. Whenever you go for an interview, certain things are most important to be kept in mind, the foremost of all being, research. Now comes the next step as to the topic of research, one can start of by the recruitment trends in the industry, then move onto knowing the company, the technical terms and everything related and unrelated to the field of investment banking. Doing a Bit More Than the Rest Always Helps Ensure that you have a resume that is fit to be read by a top-notch banker, with very little time on his hands; a cover letter that is a perfect concise version, conveying more in lesser words. Keeping your back-ups ready, getting in touch with your seniors, getting prior experience through an internship; all these with the relevant technical knowledge are the best tool-kit, to turn you into the perfect candidate. Know Your Field Through and Through Quite a few of us have an entirely different perception of the field of investment banking and think that money and dealing with it is all there is. This may seem like a very vague description of the same, ensure that you know the field thoroughly. Knowing the field includes knowing the position that you might start off at, the amount of hours you will to put in, the art of fabrication that goes with the job, the salary that you will be getting and so on. It is important for you to know the nature of your job, including mundane things as well as the extraordinary things, which will be expected out of you. Develop a Proper Skill Set Once you’re well versed with the field you will be working in, ensure that you are equipped with a proper skill set for the same. Apart from the technical knowledge, there are certain other nuances you need to master. Apart from the fact that are expected to be bright and exceptional for the post, it is also necessary for you to be intellectual, be in possession of an exemplary grasping power and be ready to learn new concepts. The ability to be broadminded counts herein, as well as the ability to think like a seasoned banker even if you are just starting off, comes in handy. These are a few must know things for someone vying for a career in investment banking. Although these are few, one can add many things through personal experience, or through following various industry experts closely. Lastly you must be very adept at thinking on your feet at all times, maintaining your cool under pressure situations, paying attention to every nuance an detail of the business and being very disciplined and dedicated towards your work. There are many institutes that offer an aspirant training in courses of investment banking, one of these is Imarticus Learning. This is a leading institute in providing industry endorsed programs to aspirants, which helps them cater to the demands of being an Investment Banker in today’s world. Source: https://imarticus-learning.tumblr.com/post/147741786115/must-know-things-for-an-investment-banking Finance courses are the study of how monetary assets are managed, traded and invested. From the historic perspective, the study of finance seems to be one of the most archaic. The reason for this is that firstly, finance is everything related to money and the second being, since the dawn of civilization and the advent of money; there have existed monetary transactions. Finance thus is a very fruitful career with great benefits and rewards. As this field has such importance in worldly affairs, it is also one of the sought after fields with students, taking up various finance and investment banking courses. Here’s a list of 5 reasons why one should invest in a Financial Course. The World is All about Finance Take a person, who earns a certain amount of salary every month. Then, this person goes onto divide his salary for various things like household essentials, school fees, utility bills, loans and then at the end he tries to save some money, for the future or invest it somewhere. Now replace this person with a company and think about all the financial activities it goes through, from capital management to loans, debtor management, and equities and so on, are the things that the company needs to consider. Thus we can infer that at every level, the knowledge of managing finances comes to the fore. World has Started Taking Notice As the importance of this field increases, so does the number of aspirants. Lately, there has been a hike in the number of people opting for courses in finance. At the same time, there has also been an increase in the number of institutes providing for courses in finance. There are institutes that have started offering for short term and long term courses, in classroom as well as online format, in finance which are all certification programs. Real Life Concepts Financial concepts like “price” and “value”, have real life usage and are not always confined to the hardcore financial sphere. There have been so many eminent personalities, who have drawn references from the two concepts and drawn parallels with their own works. Those two terms become very philosophically inclined as well, when we talk about the spiritual value and the price paid for certain things, thus in a way their concepts don’t become too dry to grasp. Thus other concepts like overvalue, undervalue also have their come into purview in terms of life. Finance is a Very Interesting Field Money will always remain in fashion so, as long as money is on people’s minds, finance will be a prominent career too. Apart from being an indispensible part of the business world, finance in itself is a concoction of many intriguing theories, which when applied can lead to great results. One can either choose to be an investment banker and go on to achieve new heights, or choose to research all the possibilities and try to find newer concepts and theories. Great opportunities This field offers many lucrative opportunities and the chance to get to one’s dream job possible. There are a number of courses, both short term and long term; offered by many institutes in Mumbai, Chennai, Bangalore and Delhi and other cities in India. A career in this field offers one with the opportunity to land their dream job, become an investor, start their own business and so on, thus making finance a very beneficial field laden with great many benefits. While investing in finance courses, the important thing is your interest and will to learn. If one is determined then, there are a lot of avenues as well as many courses offered for the same. There are a number of institutes which offer courses in finance for those aspiring for a career herein. Imarticus Learning is one such institute, offering a host of certification courses in corporate finance as well as financial modeling, retail banking, wealth management and others. Disruptive innovation in Financial Services is having the greatest impact where the delivery is happening through business models which are platform based, light on capital & data & analytics intensive .This is making the industry very innovation focused and competitive as it gears up to provide its customers with upgraded, digitally intensive solutions across business lines such as banking, payments, cards, investment management and many more. A few central themes emerge in this area and are summarized as follows: Infrastructural Streamlining Advanced emerging platforms and decentralized technologies have changed the way information is aggregated & analyzed, improving connectivity and accessibility while reducing the cost & time for accessing information and providing financial solutions across geographies Automation Firms are increasingly relying on and leveraging advanced algorithms and computing power to automate manual activities ,allowing them to offer cheaper, swifter & scalable products and services to clients. Role of Intermediaries Latest innovations are changing or eliminating the role of traditional institutions as intermediaries, and offering lower prices and / or higher returns to customers The Strategic Role of Data Financial institutions are accessing new data sets like social data, customer online behavior & likes , which is redefining ways in which they are understanding customers and markets. It helps them to customize and offer bespoke offerings as per client requirement versus generic cookie cutter solutions. Niche, Customized Products With extensive availability of customer related data a lot of the financial institutions ,especially the new entrants are creating highly targeted products and services with deep & complex specializations, hence increasing competition and creating pressure for the traditional end-to-end financial services model to unbundle Customer Empowerment In this flat world with high end technology & emerging innovations, customers now have access to previously restricted assets and services, more visibility into products and their features and benefits and hence a heightened ability to make intelligent,need based choices making them “prosumers” |
About ImarticusImarticus Learning is a education institute based in Mumbai. We offer certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management. Archives
December 2018
Categories |