Many young adults graduating from college with degrees in finance and economics immediately begin looking for jobs in investment banking. The field can be challenging and rewarding, both professionally and financially. Jobs are competitive, however, and anyone wanting to enter the field should make sure they do well in school, and demonstrate an ability to take calculated risks and exercise good judgment when it comes to financial decisions. Most investment banks look for entry level bankers who graduate at the top of their class and gain as much real world experience as they can.
Investment banks work with individual investors and companies and organizations to manage assets, purchase stocks and securities, and set financial goals and plans. They offer financial advice and buy and sell investments on behalf of their clients. Anyone wishing to get a job in the field should research the different investment banks in business.
To get a job in investment banking, you will need to have excellent communication skills, an expert knowledge of finance and the markets, and a great ability to analyze data and make decisions based on reports and predictions. Expect to work long hours, and to be available to your clients around the clock. It can be hard to get your foot in the door at most firms, so be prepared to demonstrate persistance and initiative. Take a job in an investment bank at a lower level, with the goal of working your way up to the position of investment banker.
Even with the financial hardships that have damaged the economy in recent years, jobs in investment banking are in demand. There are many opportunities in the field for sharp, creative, and talented financial experts. Do an internship if you can while you are in school, and take part in as much networking as you can. Relationships will be an asset during your job search.