What to do to prepare to become an Investment Banker?
I am in still in high school and i am interested in investment banking. I just wanted to know what i should be taking to prepare to become an investment banker. And are there different jobs within investment banking?
Investment banking requires a minimum of a college degree (in finance, acctg, mathematics, economics) and most employers prefer an MBA and/or JD. There is a wide assortment of jobs in investment banking, including (but not limited to) risk, sales, research, structuring, trading, M&A, equity, LBO and such. Capital markets are complex and subject to regulatory oversight. By the time you are actually educated sufficiently, the laws will have changed. Most people think it’s a ‘get rich quick’ business but in fact, it’s like wanting to be an actor: there are a zillion actors for every star. You pay a lot of dues, work long hours (60 – 80 hrs a wk) and have to love what you do. Otherwise, you will not have any measure of success.
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Judy May 2nd
You’ll need a degree in Finance.
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Seriously now May 2nd
Major in Accounting, Economics, or Business. Get internships at banks or investment houses each summer.
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Yieldcurve May 2nd
Investment banking requires a minimum of a college degree (in finance, acctg, mathematics, economics) and most employers prefer an MBA and/or JD. There is a wide assortment of jobs in investment banking, including (but not limited to) risk, sales, research, structuring, trading, M&A, equity, LBO and such. Capital markets are complex and subject to regulatory oversight. By the time you are actually educated sufficiently, the laws will have changed. Most people think it’s a ‘get rich quick’ business but in fact, it’s like wanting to be an actor: there are a zillion actors for every star. You pay a lot of dues, work long hours (60 – 80 hrs a wk) and have to love what you do. Otherwise, you will not have any measure of success.
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