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ANALYSIS OF A CAREER IN INVESTMENT BANKING

or an associate are finding compatible companies, dealing with huge egos, performing well in groups, taking control of meetings, and arranging for client meeting. The ability to use Excel and generate spreadsheets in your sleep(James Libman). The ability to work under pressure is also very important. Impossible deadlines are a part of the daily routine for an associate.ANALYSIS OF A CAREER IN INVESTMENT BANKINGBenefits of a Career in Investment BankingInvestment banking provides the perfect opportunity to learn about money. The ability to invest properly can secure a persons financial independence. Another benefit of a career in investment banking is the ease of entry. A degree in virtually every area of study will enable a person to secure a position as ether an analyst or an associate. Additionally, with booming market, finding a job has never been easer.A career in investment banking may also provide an excellent opportunity to see the world. Expect to do quite a bit of traveling in the early stages of a banking career. It is very common for banker to visit more cities and countries around the world by the age of twenty-five, then most people do in a lifetime. A high salary is an important factor in deciding on a career. Investment banking offers a salary range almost without bounds. Salaries as high as $235,000 are available straight out of business school (Careers in Finance). Later in the career, a salary can grow to as much as seven or eight digits.Drawbacks of a Career in Investment BankingExtremely long hours and relatively low salaries at the first stages of the career in investment banking as well as strenuous work schedule may be significant drawbacks. It takes a lot of hard work and patience in order to succeed in this field. Constant pressure to meet deadlines and a lot of nights spent sleeping in the office can serve as a major deterrent for entering the field of investment banking. In addition, the job may...

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