KEY SKILLS YOU NEED TO RISE AS A SUCCESSFUL INVESTMENT BANKER
The finance
industry is one of the ever-expanding industries in India that is constantly
maturing in terms of supply, products, and reach. Besides, with the recent
massive expansion of the healthcare, housing, and retail sectors, the finance
and banking industry is expected to multiply even more with time. Key segments
of financial operations in banking organisations are evolving and advancing,
and one of the most prominent ones is investment banking. The sector of
investment banking today is considered as one of the most suitable and
lucrative career domains for young and ambitious banking professionals.
However, the concept of investment banking is gradually parting from the
conventional shackles and propelling into a much more futuristic and tech-savvy
dimension. Hence, here in this article today, we will discuss the key skills
that you would need to thrive in the investment banking realm in today’s world.
TECH PROFICIENCY
One of the leading skills that any and
every financial institution looks for in a candidate joining the field of
investment banking is technical proficiency. The procedure of investment banking deals with
complex aspects that require keener and faster ways of accomplishing goals.
Since financial institutions nowadays rely more on analytical, statistical, and
data-based approaches to make accurate and profitable investment decisions,
hence technical expertise in data analytics, AI, and machine learning is
extremely important for modern world investment bankers. It is imperative that
they understand the leading applications, tools, and software used in the
domain of investment banking.
MARKET INTELLIGENCE AND
AWARENESS
The market of finance has become more
complex and competitive than ever before. The market is camouflaged by emerging
political conditions, socio-economic scenarios, corporatization, the evolution
of the financial industry, and much more. As such, one of the key
responsibilities of investment bankers is to stay equipped with as much
valuable and realistic market insights and sources of information as possible
so as to help the investors understand underlying market norms and proceed in the right way.
ANALYTICAL SKILLS
Investment banking without analytical
expertise is like throwing a dart in the dark. Investment banking professionals
with high-end analytical and logical expertise know how to present a detailed
evaluation of investment plans and business ventures to potential clientele.
Quantitative abilities, number-crunching skills, and the ability to back ailing
plans with facts and figures are some of the analytical skills that an
investment banking professional must possess to attain success in the
profession.
ENTREPRENEURIAL SKILLS
A substantial percentage of investment
banking involves corporate restructuring, M&A deals, and funding of new
businesses and public enterprises. This is precisely where entrepreneurial
skills become important. An investment banker is often responsible for finding
business opportunities in the most unexpected areas of business, strategically
re-launching an ailing business, funding budding business firms, and
recognising merger opportunities in existing businesses. To meet these targets,
a certain amount of entrepreneurial knowledge background is imperative.
An investment banker in order to compete
with a strong edge in the fiercely competitive market of today requires
real-time knowledge and proficiencies. The field offers incredible
opportunities to investment bankers today to showcase their expertise by
creating substantial and complex financial models, innovating ideas, and
exploring high-end technology. If you are an ambitious mind willing to keep
soaring higher and higher in the domain of investment banking, you might want
to consider the Post Graduate Certificate Programme in Investment Banking
(PGCPIB) offered by IIM Indore, one amongst the leading management institutes
in the nation.
The one year programme is offered in
association with Times TSW, a renowned name in the world of executive education
and a professional education wing of the Times Group. Times TSW is the
exclusive delivery partner for IIM Indore’s PGCPIB programme and extends to you an
ideal opportunity to hone your skills and meet the industry expectations.
The Post Graduate Certificate Programme
in Investment Banking is designed to offer the professionals with adequate
knowledge to handle the various aspects of investment banking roles and
responsibilities. Participants are familiarised with the core concepts in
investment banking like asset management, security valuation, stocks, bonds and
other derivative instruments that are necessary to meet the specified
investment goals for the benefit of the investors. The course also aims to
cater to the other functional areas of investment banking like Mergers &
Acquisitions, Investment and portfolio management, and investment advisory
services to high net worth individuals. Join the programme today to begin a worthy
journey that will enable you to attain the next-level understanding in the
niche of investment banking.
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