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Investment Banking - Online Essay

Investment Banking

Understanding Investment Banking

Investment banking represents one of the most challenging career choices in the current marketplace. The level of remuneration is typically very high, but the expectations of banks with regards to their employees are equally high. In short, only exceptional candidates will even be considered for any given post. As Wise points out, “investment banking is the typical training ground of the elite. While many want to enter, few are given the opportunity” . It is not uncommon for any single position to receive hundreds of applicants and as a result the level of competition between candidates is fierce. The reason why investment banking is considered to be such ...

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in conducting a broad range of financial services.

Skills and experience

As has been shown above, investment banking involves the management of broad set of financial services. As a result, the skill-set required for such a position must be expansive. Investment bankers must be able to work effectively under pressure and be able to consistently meet tight deadlines. Investment bankers must also possess exceptional analytical skills in order to be able to make decisions based upon the information available to them at any given time. The nature of investment banking is also such that they must be able to strike a balance between displaying leadership and teamwork. Investment bankers typically operate in small groups where teamwork is essential, but each individual must also be able to display clear leadership qualities. In terms of experience, Investment bankers are expected to be able to show exceptional educational attainment. Typically, a degree from Oxbridge will be ...

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Investment Banking. (2012, May 24). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Investment-Banking/101043

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"Investment Banking." Essayworld.com. May 24, 2012. Accessed November 23, 2024. http://www.essayworld.com/essays/Investment-Banking/101043.

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PAPER DETAILS

Added: 5/24/2012 02:23:28 PM
Submitted By: alexlufc
Category: Business
Type: Premium Paper
Words: 661
Pages: 3

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