Investment Banker Job Description
If you are considering a career in investment banking, you first need to understand the Investment Banker job description. An Investment Banker has a number of responsibilities, as well as possibilities for career growth. It is also a financially rewarding career path; you will be paid well and you will likely earn benefits in your place of employment.
- Education Requirements. An Investment Banker’s job description usually requires a master's degree in business administration (MBA). However, sometimes you are able to transfer from a related field, such as law or finance. Some firms will even hire liberal arts graduates and train them as analysts, although most will eventually pursue a degree in business.
- Work Responsibilities. Investment Bankers usually arrange and negotiate large financial transactions. However, the Investment Banker’s job description is typically generated by each individual client. They are usually employed by large, commercial banking firms and sometimes manage the investments of their client companies.
- Employment Outlook. An Investment Banker’s job description might change if he or she is promoted to vice president or managing director. Large firms often have around forty to eighty managing directors (or partners). As the economy grows, so do the opportunities for the Investment Banker. However, the competition among applicants for the job can be intense.
The Investment Banker’s job description lists a number of responsibilities. However, this career has a lot of room for growth and financial benefits. Before you consider a career in banking, just be sure you understand the Investment Banker job description.