Data analytics and other skills which can boost investment banking careers
Nov 12, 2019, 12:22 IST
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- Companies across sectors are expanding their investment banking teams. These include job roles like analyst, corporate actions, client management and financial analytics.
- Financial certifications can help scale up salaries by 15%.
- Accounting and financials form is the core of Investment bankers across industries.
Investment banking jobs are popular among finance and accounting professionals, and known for handsome paypackets. Financial certifications to boost them further by 15%.
While banks offer training programmes to hired analysts and investment bankers, there are several finance certifications and online courses that can boost i-banking careers.
Learn these skills to enhance your career in investment banking.
Accounting fundamentals
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M&A transactions (Merger & Acquisitions)
Corporate finance is a key aspect of investment banking. Corporate finance involves an in-depth knowledge of equity research and concepts, financial planning and analysis (FP&A) and treasury -- among others.
This includes underwriting of equity shares.
Finance Skills
Financial analytics is one of the key job roles in the sector. Consultancies, audit firms, insurance companies, and investment groups hire financial analysts to study data and process it according to business needs. This includes financial modelling — M&A transactions, buyout transactions, trade financing, commercial lending and billing.
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AnalyticsInvestment bankers document the detailed analysis of businesses and their investment options. This can be achieved by analytical expertise like quantitative analysis, statistics and data processing.
Soft skills
Soft skills form the basis of any career. Investment bankers are expected to negotiate with clients, convince them for the company’s business plans — which requires communication and presentation skills.
Other soft skills include management and leadership ability to assess capabilities across teams.
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