Friday, October 25, 2013

How to become an investment banker? and IMF Conference: Sustainable Investment scaling up in LIC

How to become an investment banker?



I was wondering what I would need to do and achieve to become an investment banker and what kind of work would I be doing? What kind of qualifications would I need, and what kind of degree would I need? Also, after I have done my GCSE's, where should I go next? What should I take for A levels to become a good investment banker? Would any other achievements and experience be useful?
Any advice would be much appreciated, thanks!


Investment best answer:

Answer by mark m
First of all, you need a degree. The days when a hot-shot salesman with just a high school degree can become a millionaire as an iBanker are over. You need to actually know your way around banking and finance to be an investment banker in today's world.
The best degrees for becoming an investment banker are finance, economics, business or MBA. You will also need to pass your Series 7 Exam and in most states also take a Series 63/66 Exam. Specific financial products may require specific licenses.
The investment banking industry is notoriously hard to get into. They also have a very high burn rate on their newcomers. Here's how to get your foot in the door, if you think you have what it takes to survive in that world.
First of all, aim to get an internship position when you're still in school.
Many of the top firms offer internships for students. This is a great way to start building a relationship with a firm before you even graduate. If you can't get an internship, then aim to start as an analyst or as a broker's connector. These are two of the more common entry level positions.


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IMF Conference: Sustainable Investment scaling up in LIC
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Image by International Monetary Fund
IMF Conference: Sustainable Investment scaling up in Low Income Countries



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