Career Pathway

Getting into Investment Banking - The Compass

Overview

If you’ve seen‘Wolf of Wall Street’ you might have a preconception of what investment banking is. Investment banking is more than just blue shirts and braces though. At it score, investment banking is the beating heart of the financial world, orchestrating the intricate movement of capital between corporations, institutions and governments.

Education

A Bachelor’s degree in finance, economics or business is ideal, with an MBA offering added value. Apprenticeship routes typically require GCSE Mathematics and English(A*-C) and 3 A levels, with specific grad requirements set by companies.

Internships

Hands-on-internships offer invaluable experience and networking opportunities, essential in this fast-paced industry.

Networking

Utilize platforms like Linkedin and attend industry events to build crucial connections.

Key Skills

  • Financial acumen: A deep understanding of financial concepts, markets and economic trends.
  • Analytical prowess: Decipher complex financial data to formulate strategic recommendations.
  • Teamwork: Collaborate with stakeholders to lead transactions and close deals.
  • Ambitious mindset: Drive to achieve tangible results in a competitive environment.

Pros

  • Lucrative Earnings: Investment banking offers substantial compensation packages, including bonuses.
  • Extensive Networking: Opportunities to connect with industry leaders.
  • Continuous Learning: Steep learning curve in a challenging, dynamic environment.

Cons

  • Long Hours: Known for demanding schedules, with some firms implementing measures to mitigate weekend work.
  • High pressure: Intense situations, especially during major transactions.
  • Work-life Balance: Striking abalance can be challenging due to demanding schedules.