We're still working on this Career Path. Check back soon!
A Day in the Life
Investment Bankers essentially serve as the middleman between companies and potential investors. Investment bankers typically advise their clients and other companies on corporate-level transactions, which can range from mergers and acquisitions to equity issuances. Through these financial services, investment bankers hope to create strategies to raise capital and the economic worth of their clients. Some of their daily tasks include working with various departments to identify and pursue clients, reducing the amount of risk involved with financial transactions, and closing deals.
Detailed Financial Modeling: construct and maintain complex financial models
Valuation Analyses: create and maintain precedent transactions, public trading comparables, and merger models
Marketing Materials: Prepare presentations, pitch books, teasers, and confidential information memoranda, and other marketing materials
Client Interaction: Participate in all phases of the transaction process (including the initial pitch, client meetings during materials preparation, meetings with potential investors/buyers during marketing & due diligence, and helping to maintain the client relationship post-close)
Skills You'll Need
Analyzing and interpreting complex sets of data in order to develop financial models and strategies
Identifying trends within the financial markets
Performing financial analysis and risk management
Excellent Communication and Leadership skills
Superb problem-solving skills in order
Intermediate understanding of Excel
Strong understanding of financial statements
Strong quantitative and analytical skills
Outstanding organizational skills with proven ability to multitask in a fast-paced environment
Outstanding writing skills including the ability to synthesize key investment merits
Strong project management - ability to manage a variety of transactions and projects simultaneously with extreme attention to detail
Ability to professionally interact with a blue-chip roster of clients, strategic acquirers, and financial sponsors
Industries You'll Work In
The Network You'd Build
Here are a few real-word examples of jobs and people working in this industry right now.
Investment Banking Associate at Janney Montgomery Scott