What Degrees Are Good for Investment Banking?

27-Oct-2022

In the era of the modern financial-corporate environment, Investment banking is a rewarding job option for any aspiring individual looking for a demanding and lucrative career. Coupled with being in demand, it also ensures a robust growth trajectory, which implies that all your effort will be handsomely rewarded, considering money, status, and job satisfaction. Hence, a PG Program in investment banking is no doubt a fruitful investment.

What degrees are good for investment banking?

We often hear of the investment banking field is a difficult job; this may, however, mean that you may have to sacrifice sleep and sanity in order to crunch statistics. However, if you excel at what you do, you will be richly rewarded. You will benefit monetarily from your continual professional improvement while also undergoing considerable personal growth as you help your customer or organization succeed financially.

The more crucial query now would be what are the degrees worth investing for pursuing an Investment Banking profession. Let us analyze some of the highly desirable degree programs that will provide you with the best of chances.

Degrees for Investment Banking Profession

Graduate Degree

Bachelor's Degree in a few selected disciplines may fetch you an entry-level position in Investment Banking. They are:

Finance
Accounting
Commerce

Those with a graduate degree can work as interns at a brokerage or investing businesses or as Junior Analysts at banks and financial institutions.

However, this level being the minimum, graduates must work hard, be diligent and perform well in order to go up the corporate ladder. Although this may seem like an excellent starting place for a career in investment banking, it may be difficult to secure high-profile and lucrative job responsibilities impeded by your lack of experience, education, and specialized training.

MBA

Another best degree to take up for entry into Investment Banking is MBA (Finance). This is a Post Graduate program that can be attained from any academic institute in a regular or distance mode. By covering all crucial subjects like business management, accounting, marketing, commercial savvy, finance, and financial analysis, this postgraduate course gets students ready for a career in investment banking. Students get several chances to network with their peers and business executives. Candidates with an MBA in Finance can obtain lucrative positions in startups, banking, financial services, insurance, and fintech.

PG Program in Investment Banking

A more well-defined and suitable degree is a PG Program in Investment banking which has recently become the most sought-after study program. Several institutions offer online mediums to cater to both students as well as those who are already working in the field and are looking for rapid career advancement.

Participants from any stream, regardless of prior job experience, can gain the necessary information about investment management thanks to the curriculum's design. It is intended for executives who have just assumed significant managerial responsibilities or who are preparing to do so in the future. While simultaneously providing them with new knowledge and skills to help them become better investment managers, the program would build on the previous work experience of such executives.

CFA (Chartered Financial Analyst)

A Chartered Financial Analyst can easily break into the investment banking industry. You can discover multiple work opportunities in reputable banks, financial institutions, investment firms, brokerage firms, insurance agencies, and management consultancies because your school background already provides access to the IB industry.

CA (Chartered Accountant)

A Chartered Accountant is another excellent qualification for employment as an investment banker. The candidate has comprehensive training as a CA in law, mergers and acquisitions, initial public offerings, money markets, equities, securities, and other fields. This gives them the opportunity to lock and load for work as investment bankers in both banking and non-banking firms. The scope of duties for a chartered accountant is also continuously growing. There are additional taxpayers and more entrepreneurs on the market, and the government is proposing new rules and laws, among other things. Hence, CAs are tasked with the role of handling accounts.

Additional Qualification through Investment Banking Certification Courses

Apart from all the courses discussed above, investment banking certification courses are another essential path for aspiring individuals. Possessing certification empowers professionals with more earning potential and higher chances for quicker career progression. Certifications are an essential part of an Investing Banking career for the following reason:

Since recruiters will take note of a candidate's knowledge and expertise in the field, banking certifications are intended to boost a candidate's professional readiness and overall marketability.
CFA, CPA, CIMA, CMA, and FRM certifications are a few examples of highly regarded credentials for banking careers.
With a significant banking certification, financial professionals have more options, greater employment prospects, more earning potential, and a more in-depth understanding of the sector.

Hence, aspiring candidates, as well as professionals already working in the field, may sign up for the best investment banking certification courses and attain the relevant certifications. Some of the most popular Investment banking related certifications are: