Investment bankers can work 100 hours a week performing research, financial modeling & building presentations. Although it features some of the most coveted and financially rewarding positions in the banking industry, investment banking is also one of the most challenging and difficult career paths, Guide to IB.
How long does it take to become an investment banker?
How long does it take to become an investment banker? One can become an investment banking analyst directly after earning a bachelors degree, but it can take two or more years of working experience plus a graduate degree to advance to associate status at an investment bank.
Is becoming investment banker easy?
It is one of the hardest, most lucrative and best paying jobs in the world. As more and more people are aspiring to be an Investment Banker and jobs are limited in this domain, recruiters are picky and choosy in hiring the best talent. It makes slightly tough for any fresher to enter into this high profile industry.
How much do investment bankers get paid?
The common average salary for investment bankers in the U.S. is $56,894 per year as recorded from Indeed Salaries although salary data is frequently updated. Some salaries range from $53,219 per year to $180,000 per year. Usually, investment bankers at large banks make more money, including salary and bonuses.
Is investment banking in demand?
An investment banking career is extremely demanding with analysts frequently working 100 hour weeks. The competition for positions is intense, compensation is very high, and the work is very high profile. The tradeoff, however, is long hours, a military-like culture and a lot of grunt work.