Investment Banking Salaries and Careers - YouTube

one of the biggest attractions motivating thousands of students to get

into the mba programs is a career in finance and the crowning

glory in the finance industry is a career in

investment banking what is investment banking which are the

top investment banks why choose a career in investment

banking what kind of career growth and salaries can you expect we'll cover

all these questions in the next few minutes

we'll also share some not so pleasant aspects about the field so watch till

the end

investment banking is all about providing a valuable financial service

to investing individuals and organizations helping them create

and grow their wealth through key investment strategies and risk

management and what's in it for investment bankers

returns not just for their investors but a

considerable compensation for the bankers themselves

the combined net revenue and profit of the top global investment banks

is more than two trillion dollars surpassing the gdp of many countries

and investment banking services constitute a significant proportion of

these large revenues corporations rely on the financial

expertise of i bankers and i banks rely on the sound business

education of mba and related graduates to fill

their talent pool are you looking at a future career in

investment banking we'll cover all you need to know to

become a successful investment banker education and skill requirements

compensation job prospects and the best investment

banks and much more and in the interest of completeness

we'll also help you understand the demands and the drawbacks of life

as an investment banker so cruise along with us as you gather information

and prepare for the warnings that lurk behind this super glamorous career

why choose an investment banking career investment banking denotes a financial

service that creates capital for individuals and

organizations by counseling them on market strategies

that can minimize their risks and maximize their returns

they provide assistance for mergers acquisitions

and restructuring that being said the reason why i-banking draws some of the

best brains in finance is not just the obscenely high

compensation that grows rapidly with the hierarchy within the firms of

course money is a major attraction but there are other important and yet

humble reasons one being the ability to learn analytical tools

very early on in an investment banking career financial modeling

is a big part of an investment banker's job to perform valuations of investments

and risks within the constraints of the knowns and

unknowns bankers get to soil their hands through the system

while getting close and personal with the second advantage of being an

i-banker the ability to learn from real and big

corporate transactions the end result is a wholesome learning

experience that can at the same time propel you to bigger better roles

within the investment banking domain or branch out into other careers

like private equity hedge funds or even your own enterprise

let's look at the different types of investment banks as with most industries

there are small to big investment banks that cater to the needs of specific

or wide-ranging financial areas of corporations they also vary

in their scope and services that span the following business areas

bulge bracket investment banks are synonymous with big money

and big corporation transactions they can have services across the globe

and typically employ fresh graduates who are trained to become part of their

large employee body

regional and mid-market banks they provide selected services to certain

selected areas they tend to hire experienced

ibankers a slightly expanded version in the mid market range

may even explore different areas or larger corporations with broader

services

and finally there are the boutique investment banks that provide

specialized services and operate in various regions with a

relatively small staff of highly experienced bankers

let's talk about the career growth and salaries in investment banking

investment banking is a top career choice for individuals seeking the

challenges of an analytical job profile and the

rewards that come with it namely compensation it is demanding

hectic stressful and still manages to lure business and quant graduates

around the world entry level analysts in investment banks

usually handle excel and powerpoint work track buying and selling manage

documentation and correspond with clients you could be

spending anywhere between two to over five years as an analyst

sometimes making close to two hundred thousand dollars

if you're successful very long hop skip and leaps later

you can be ushered into the position of vp director

or even higher the career progression from being an analyst to a managing

director in an investment bank can take more than 12 years here's a

look at the typical career progression as an investment banker provided you

meet all their stringent standards of performance

investment banking salaries are by far one of the best in the post mba career

choices in the u.s the average starting base

salary for analysts is between $75,000 and ninety six

thousand dollars a year if you add various components like the

signing bonus and performance bonus these salaries can shoot up to around

$150,000 or more even for first-year analysts however usa

and other banking hubs like london in the uk housing some of the banking

elites like the budge bracket banks pay some of

the highest salaries in the industry others like india and canada have a much

smaller i-banking industry and pays substantially lower than the us

or the uk

here's a look at some of the average salaries for investment bankers in

different countries we're looking at the total compensation

in addition to salary and bonus bankers benefit from health insurance

vacation and profit sharing or retirement packages

it is important to bear in mind that the above representative salaries

are only for front office investment banking roles such as mergers and

acquisitions capital markets sales and trading and equity research

they do not reflect other job roles in the industry mid office and back office

roles may pay substantially lower also there's

a high chance that the glamour may evade you

while you struggle to make your name in the banking industry so becoming a

millionaire is not so easy that being said goldman

sachs paid its top 700 bankers over a million pounds in

2016. while we're on that topic let's also

look at some of the top banks in the world

and their entry level salaries these are some of the most renowned names that

have the juice to move and shake economies around the

world investment banking services are often a part of the variety of financial

services offered by these institutions they

employ the smartest and some of the most hardworking business professionals

let's take a look at the representative list of the top investment banks in the world

let's get down to the big question is an investment banking career worth it

the rewards of a career in investment banking may not be enough

for the ones facing hard personal compromises along the way

regarded by experts as one of the most work work-life imbalanced

jobs with high levels of stress ibanking can prove to be a harsh career choice

for many in fact we have a whole article covering

the dark side of investment banking on the mba crystal ball blog it lays

down the many shortcomings behind the scenes usually well hidden by

the high salaries and rocketing growth on the job lack of

sustainability and consistency in performance monotony

high competition lack of personal time and too much

adrenaline can make for a very isolating lifestyle

it is also typically much harsher on women in investment banking

facing an unhealthy amount of sexism and harassment

in a highly dog eat dog working environment

a considerable number of investment bankers choose to leave their career

for either related fields or a clean break

into other unrelated options some end up in other finance services areas

with the same routine as i-banking jobs the new jobs all involve taxing

hours that leave very little time for a

fulfilling personal life while some make efforts to make their

ibanking experience a stepping stone to a different career

others manage to create rewarding and highly lucrative opportunities

using their client and industry exposure to become entrepreneurs

or volunteer for social service we'll provide some article links below

including ones that cover the typical exit options for investment bankers

if you love the challenge of dealing with significant financial decisions

feel the passion for taking on risks and love the acceleration of big rewards

notwithstanding the pressures and stress involved investment banking could be the

right career option for you at mba crystal

ball many candidates we've helped have

completed their mba and got into high paying investment

banking careers if you need professional help to get

into the best mba programs for investment banking

feel free to knock on our virtual door by sending us an email

good luck to you