Investment Banking involves the raising of both debt and equity funds for both companies and goverments, by issuing and selling securities in the capital markets. Investment Banks also provide strategic advice for mergers, acquisitions and other major financial transactions, as well as trading services for fixed income and equity securities, commodities and foreign exchange. As Investment Banks have grown, their client base has expanded globally, and cross-border deals are increasingly common.

Is it for you?
Investment Banking reqires a strong academic and professional track record, as well as a strong interest in the world of takeovers, mergers, financing, and capital markets. The hours are long, and the work is demanding, but the levels of remuneration are among the highest in the financial services industry, with compensation packages reaching many times the base salary for more senior positions. Getting into Investment Banking is tough, and competition is fierce.

Career Prospects
Career prospects in Investment Banking are excellent, and the route is extremely challenging and competitive. Typical progression routes go from Analyst through the ranks of Associate, Vice President to Directorship.