Updated on Dec 27, 2023 11:55 IST
Jasmine Dang Arora

Jasmine Dang AroraDeputy Manager-Content

Investment Banking is that division of the banking operations and financial services that serves companies, institutes, governments, and individuals to raise capital and provide them with financial consultancy services. Primarily, the investment banking division deals with the creation of capital and providing financial assistance to individuals, companies and governments by underwriting and mergers and acquisitions (M&A) consultancy services.

Investment banks act as intermediaries between investors and corporations, governments, and other groups. Investment banks may also provide services such as sales and trading, market-making, equity research, asset management, and commercial and retail banking apart from M&A advisory and underwriting. Invest banks do not take deposits. Their activities are majorly classified as either the ‘sell-side' or the ‘buy-side'. Investment banking can be broken down into three categories, i.e. front office, middle office, and back office activities.

Front Office: The front office is that part of investment banking that drives revenue generation.

Middle Office: The middle office is the section that is related to treasury management, and internal controls and supports the process of revenue generation.

Back Office: The final functions happen at the back office. It checks the trades that have been conducted and ensures the correct transactions. It includes roles such as accounting, compliance, information technology, etc.

Investment Banking Courses

Check out the table below to know some of the popular courses for investment banking.

List of Investment Banking Courses

Chartered Financial Analyst (CFA)

Certified Public Accountant

Financial Risk Manager (FRM)

Financial Modelling

Chartered Certified Accountant

Chartered Wealth Manager

Cost and Management Accountant

Statistics

Certified Financial Planner

Economics

MBA in Finance

Actuary

Investment and Banking Courses Relevant Links:

Difference between Futures and Options

What is Venture Capitalist and its Role in Investments?

Investment Banking Eligibility and Investment Banking Exams

The eligibility criteria may vary from course to course. Take a look below to know the various investment banking exams and their eligibility criteria:

  • Chartered Financial Analyst (CFA): CFA exam is conducted by the US-based CFA institute. It is a professional degree course that prepares the students to be effective and ethical investment management professionals. CFA course is divided into three levels of exams. The eligibility criteria to pursue CFA is the following
    • The candidate must hold a bachelor’s degree or equivalent from a recognised university
    • The candidate must have at least four years of professional experience
    • The candidate must hold an international travel passport
  • AMU Entrance Exam: Aligarh Muslim University Entrance Exam (AMU entrance exam) is an exam conducted by AMU for various undergraduate and postgraduate courses. The eligibility criteria are as follows:

Undergraduate Level:

-Candidates should have completed Class 12 or equivalent from a recognised board

-They must have scored at least 55% aggregate including English and Accounts

-They must have studied any of the two subjects from Economics, Business Studies, Business Organisation, Commerce, Banking, Entrepreneurship, Mathematics and/or Statistics

Postgraduate Level:

-Candidate must hold a bachelor’s degree in a relevant field

-He/She must have scored at least 55% aggregate

  • URAT PG: University of Rajasthan Admission Test is conducted by the University of Rajasthan from admission to various post graduate courses. Admissions are offered to courses under Humanities, Management, Teaching, Law, Science, IT & Software, Commerce, Arts (Fine/ Visual/ Performing), Mass Communication and, Banking & Finance fields. The eligibility criteria is as follows:

-Candidates must have completed a bachelor’s degree in a relevant field

-They must have scored at least 55% aggregate of all subjects

-Candidates belonging to the reserved category will be given 5% relaxation, i.e. they must have scored at least 50% aggregate of all subjects

  • Lucknow University Associated Colleges Management Admission Test (LUACMAT): LUACMAT is conducted for admission to various courses offered by the Lucknow University. The eligibility criteria is as follows:

-Candidates must have completed Class 12 from a recognised board

-They must have secured a minimum of 50% aggregate (45% for reserved categories)

Investment Banking Skills

Candidates who wish to choose investment banking as their career path must possess the following skillsets:

List of Skillsets Required for Invest Banking

Financial Modelling

Business Valuation

Analytical Thinking

Excellent Communication skills

Relationship Management

Negotiation

Sales and Business Development

Resilience

Confidence

Strong Networking Skills

Team Player

Leadership Skills

Self-Motivated

Highly Organised

Proficiency in MS Office

Research and Quantitative Skills

Investment Banking Syllabus

The curriculum of investment banking varies from one college to another. Some common investment banking subjects that are taught in an investment banking course are:

Investment Banking Syllabus

Ethics and Professional Standards

Quantitative Methods

Economics

Financial Reporting and Analysis

Corporate Finance

Equity Investments

Fixed Income

Portfolio Management and Wealth Planning

IB Customer and Banking

Derivatives and Trading

Mergers and Acquisitions

Deal Mechanics

Corporate Restructuring

LBOs

Top Colleges For Investment Banking Career

Check out the list of top colleges for investment banking career:

Top Colleges For Investment Banking
Indian School of Business, Hyderabad  IIM Banglore
IIM Ahmedabad IIM Kozhikode
Faculty of Management Studies, Delhi IIM Indore
Aligarh Muslim University MICA, Ahmedabad
National Institute of Securities Market University of Rajasthan

Investment Banking Scope and Job Profiles

The experience in the investment banking sector holds a lot of value. The experience earned at the intern level is valuable as much as the experience earned at the senior-level. Investment banking has a wide area of scope and is one of the most demanding sectors in the country. Check out the table below to know some of the job profiles that investment banking graduates can take up along with the average salary:

Job Profile

Average Salary (Per Annum)

Analyst

Rs 4.36 lakh

Senior Analyst

Rs 5.66 lakh

Chartered Accountant

Rs 7.95 lakh

Chartered Financial Analyst

Rs 6.84 lakh

Chartered Wealth Manager

Rs 9.09 lakh

Certified Financial Planner

Rs 3.97 lakh

Certified Public Accountant

Rs 6.92 lakh

Financial Risk Manager

Rs 11.62 lakh

Cost and Management Accountant

Rs 5.75 lakh

Company Secretary

Rs 6.30 lakh

Investment Banker

Rs 9.42 lakh

Top Investment Banking Recruiters

As mentioned above, investment banking is one of the most popular sectors of the country. Some of the top investment banking recruiters are mentioned below:

  • Goldman Sachs
  • Citigroup
  • JP Morgan
  • HSBC
  • Bank of America Merrill Lynch
  • Morgan Stanley
  • Credit Suisse
  • Barclays
  • UBS
  • Accenture
  • Wells Fargo

Important FAQs Related to Investment Banking

Q: What are the popular investment banking courses and certifications?

A: The top investment banking certifications are Certified Financial Planner (CFP), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Chartered Alternative Investment Analyst (CAIA), Chartered Wealth Management, etc.

Q: What is the role of investment banks?

A: Investment banks assist the companies, individuals and governments in large and complicated transactions. Their services include activities such as underwriting, M&A advisory,  sales and trading, market making, equity research, asset management, commercial and retail banking, etc.

Q: Can I pursue investment banking without studying Maths in Class 12?

A: It is not necessary to study Maths in Class 12 to pursue a career in investment banking, but, having a thorough knowledge of finance and mathematics will give you an upper hand in the job market.

Q: What are the jobs that one can get after pursuing investment banking?

A: There are ample number of jobs for investment banking graduates such as Analyst, Senior Analyst, Chartered Accountant, Chartered Wealth Manager, Financial Risk Manager, Cost and Management Accountant, Certified Public Accountant, etc. 

Q: Do I need to have some particular skillset to pursue a career in investment banking?

A: Candidates who wish to pursue a career in investment banking must possess skills such as analytical and critical thinking, business valuation, relationship management, good communication skills, negotiation skills, strong networking skills, incredible leadership and quantitative skills, resilience, etc. 

Q: What are the subjects for investment banking?

A: Students who wish to opt for investment banking will study topics such as Ethics and Professional Standards, Financial Reporting and Analysis, Economics, Corporate Finance, Equity Investments, Derivatives and Trading, Deal Mechanics, Mergers and Acquisitions, etc.

Q: What is the basic eligibility criteria for pursuing investment banking?

A: Candidates who wish to pursue the investment banking profession must hold a bachelor's degree from a recognised university with a minimum of 55% aggregate in the relevant field of study.

Q: Which are the top companies which hire investment banking graduates?

A: Companies such as Goldman Sachs, JP Morgan, Morgan Stanley, Barclays, Citibank, HSBC, UBS, etc. hire candidates who wish to pursue investment banking.

Q: What is the average salary of Financial Risk Manager in India?

A: The average salary of Financial Risk Manager in India is approximately Rs 11.62 lakh at entry level.   As one gains experience and acquires more skills, their salary package increases.

Q: What are the key responsibilities of investment bankers?

A: The key responsibilities of investment bankers include building relationships with new and exisiting clients, develop various types of financial models to value debt and equity for M&A activities, perform valuation methods, prepare and review materials used in investments of clients, presentations, pitchbooks, etc, perform thorough research, analysis and documentations, etc.

Q: What is CFA certification?

A: CFA certificiation is provided by the US-based  Chartered Financial Analyst Institute and is one of the most sough t-after designations for investment professionals. The course is designed for those who wish to gain an in-depth knowledge of the investment industry.

Popular Investment Banking Colleges in India

Following are the most popular Investment Banking Colleges in India. Learn more about these Investment Banking colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1 Course
24.2 L
24 LPA
1.54 L - 4.28 L
2.4 - 4.1 LPA
Ranked #3 Private University in India. Placement with Fortune 500 Companies
4 Courses
1.01 L - 14 L
9 - 11.59 LPA
4 Courses
540 - 27.5 K
8.62 LPA
2 Courses
2 L - 13.72 L
10.5 LPA
3.2 L - 10 L
3.75 - 7.25 LPA

Banking, Finance & Insurance Applications open. Apply Now

Popular Private Investment Banking Colleges in India

1.37 L - 12.54 L
4.5

Banking, Finance & Insurance Applications open. Apply Now

3 Courses
5 L
5.0
4 Courses
1.83 L - 2.08 L
1.5 L
9.5 L - 11.5 L
7 LPA

Banking, Finance & Insurance Applications open. Apply Now

1 Course
96.05 K
7 LPA

Popular Investment Banking UG Courses in India

Following are the most popular Investment Banking UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular Investment Banking PG Courses in India

Following are the most popular Investment Banking PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

Popular Exams

Following are the top exams for Investment Banking. Students interested in pursuing a career on Investment Banking, generally take these important exams.You can also download the exam guide to get more insights.

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