Starting Your Career as an Investment Banker

An investment banker works for the financial industry and is primarily concerned with raising capital for corporations, governments, and other entities. They help the clients (individuals, businesses, or the government) to invest money wisely, assist in large and complicated financial transactions, buy or sell stocks and securities on behalf.

Starting Your Career as an Investment Banker

Investment bankers require a specific set of inherent skills, experience, and knowledge to provide financial advice or initiate trades. Moreover, they must be able to help clients get through the risks associated with investment money

To become an investment banker, one should be a graduate in related disciplines like finance, accounting, business, and economics. In addition, one should take courses/classes related to personal and business concepts, business and tax law, microeconomics, macroeconomics, international business strategies, and practices. Moreover, earning an investment banking certification helps to climb the career ladder at a faster rate.

Let us understand and know-how to start a career as an investment banker

How to become an investment banker 


As mentioned earlier, a prospective investment banker must have a bachelor’s degree in the field. The candidate may have a degree from other fields like computer science or physics but must have a strong foundation in mathematics. 

Earning a Master’s degree in Business Administration (MBAs) is preferred today. In addition, there are many schools which offer graduate and post-graduate programs in financial mathematics. 

Internship in Financial Services

A recent graduate can start an Internship before taking a job. The training program introduces to main principles of accounting, financial modelling and analysis, markets, associated risks, and mitigation. 

As they directly interact with clients, it is necessary to possess soft skills to-

  • Communicate effectively 
  • Negotiate and persuade clients for investment 
  • Present the benefits effectively

Entry-level Positions in the Financial Service Industry

It is recommended to spend a year or two as a Financial Analyst, the entry-level position to gain professional experience. As a financial analyst, one can study and analyse the market, understand the products, and produce reports to higher authorities that help to make financial decisions. 

Several investment banks encourage candidates to perform duties like data gathering, working with financial models, and interacting with clients. 

Certification and License Requirements

The investment bankers must register as a representative of their firm with the Financial Industry Regulatory Authority (FINRA). Depending on the job profile, one must pass an examination on a specific “series” like Series 6, 7, 63, 65 and 66 exams. A minimum of Series 7 license is required. 

Moreover, a certified investment banker is in great demand. Several authorised institutions provide investment banking certifications. 

Job Prospects

It takes two or more years of work experience to advance in career. The Bureau of Labor Statistics projects that the growth of investment banker occupation is 11 percent by 2020. The base salaries are supplemented with bonuses and one can expect a high salary reaching $100,000 within a few years of service as an analyst. 

As a final note, networking with certified investment bankers and experienced professionals through social media, joining the club, having an informational interview(s) with the experts helps to acquire a successful career in investment banking.

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Article Author Details

Payal Kapoor

Payal Kapoor is a Content Strategist at Brainvire whose passion lies in delivering valuable content to his readers. He explores topics mainly related to web development that includes website design, digital marketing, start-ups business and much more.