Investment Banking
- Jul 9, 2017
- 1 min read
Definition: Investment banking is a special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them. They act as intermediaries between security issuers and investors and help new firms to go public. They either buy all the available shares at a price estimated by their experts and resell them to public or sell shares on behalf of the issuer and take commission on each share
Investment Banker: $100,675
Making an average of $100,675 per year, an investment banker underwrites securities to raise funds in the capital market for a corporation or municipality to run its operations. Investment bankers also serve as financial advisors to corporations, providing strategic advice on mergers and acquisitions.
Many employers prefer a master’s degree in finance or an MBA for entry-level investment banker positions. Although it’s not always required, many investment bankers earn their Chartered Financial Analyst credentials. Investment bankers with the highest-paying jobs have typically achieved their goals by completing multiple internships.
Source https://www.gobankingrates.com
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