Hello

CAS who manage to break into IB performs exceedingly well due to a solid knowledge base of law, tax and most importantly, accounts.
For example - I work in the Real estate, Hospitality and Retail team of the IB division. All my financial models need to have Accounting Standard - 7 incorporated in 'em. Fortunately/unfortunately, everyone in my team is an MBA and they don't know jackshit about accounting standards. That's where we can add immense value.

The biggest hindrance for a CA to become an investment banker is expertise in Finance - which can very well be sorted out but, requires a lot of reading. I'd suggest everyone become Excel experts. Microsoft Excel is one factor which can indeed make you stand out from the rest. Take up self - help tutorials, do financial modelling courses, do valuation courses etc. Also, one should actively track any two sectors of his/her liking. My personal favourites are Defence, Real Estate and Microfinance (Disc - heavily invested in a micro-cap Defence stock).

In IB, the research you do is vital. Better the research, better is the sales pitch. This makes top-notch industry knowledge your life support.

You'll be attending a lot of con-calls, and will be giving a lot of presentations to Private equity guys in case of Fundraising mandates or to Promoters with regards to an IPO or QIB. Point being, you have to be extremely articulate and most importantly, you have to talk with a lot of conviction because at the end of the day you're a glorified broker - you're always selling something or the other.

Have also heard that courses from SIB and Imarticus are pretty good and helpful.

A couple of answers here mention about having stock market expertise. Just to clarify, 'Investment' Banking has nothing to do with Investing. Thanks.

Reality check - Fresh CAs shouldn't even plan on applying for IB roles as their efforts will be futile unless they've done their homework. Instead, take a break and work towards fixing the missing links viz. Modelling, valuations, a bit of finance and specific industry knowledge.

Lastly, instead of having preconceived notions or self-doubts about CAs, please address your flaws. I know quite a few CAs who even have founded their own Investment banking firms and are doing reasonably well with their fundraising practice.

Thanks

yes you can 

Based on your financial situation and your interest in Financial and Management field you can choose from following options:

1. If you can crack the entrance exams of premier institute and be eligible for scholarship program then go with MBA program in premier institute

2. If you have sufficient funds to back you up for regular MBA program (without personal financial pressure to earn a living within 3 years)  then go with regular program MBA finance option in B-schools topped up with certification programs in investment.

3. If you have financial constraint then take up a regular job then do executive MBA offered by both premier institute and B schools . Top this up with certification program in investment, stock market etc

4. PG Diploma from Symbiosis institute + CFA program

Please note: End of the day, the passion that you develop and exhibit in Finance is what will make you a good investment banker.

Hope this was helpful.

A bachelor's degree is the minimum educational qualification required to work as an investment banker. Entry-level analyst positions in the field are typically open to bachelor's degree graduates, and it is possible to move on to a senior banker role without a master's degree in many investment banks. However, a master's degree is very common among the mid-level and senior staff in this industry, as it helps to pave the way for career advancement. In some investment banks, a master's degree is required for entry into the investment banker career track.

Hi,

I thibnk you should look out to writing CAT next year. You can either opt for 1 year executive management programmes from the top B schools in India - the IIMs. This course is also called the EPGP programme. In this you should take your major electives in Finance and the placements at the end of the programme will be taken care by the placement committe where you will have high chance of getting placed in IBs.

Alternatively you can do MBA from the top 20 B Schools. Infact with such high work experience I suggest you to try for one of the top 6 IIMs only. Then again take major electives in Finance.

All the best

Hello Mayur..

Thanks for contactig Careers360..

Can you please be clear with the question..To know about the entry into an organisation you need to mention which organisation to get in..So comment below.

Hope you understand :)

See you soon with the question

Dear Ananya, Investment banker has a different profile in different organisations. And every Investment Banker gets paid monthly. While the salary package is quoted per annum, they do get paid monthly. And then there is the bonus that is attached to every succesful deal. This is paid based on the company's norms. 

Hello,

Following should be steps to become an investment banker:

1. You can take any stream in 10 + 2 but it is best to take commerce with Mathematics.

2. Next, go for a bachelors degree program in business administration. Generally, graduates specialized in Commerce, Mathematics or Economics get more preference.

3. Next, you would want to get an MBA or CA or Chartered Financial Analyst course. 

These are going to be your basic 3 steps to become an Investment Banker.

Good luck!

Hello Nageshkhmar,

Here is the some best colleges are as follows;

1. Gems B School, Bangalore, Vasanth Nagar, Bangalore.

2. School of Management, BML Munjal University, Gurgaon.

3. GBS School of Business Studies, Banjara Hills, Hyderabad.

4. IZee Business School, Electronic City, Bangalore.

5. Orange School of Business, Nagpur.

Hope this will help you. All the very best.

An investment banker is a transactional banker. Such a banker usually assists organizations in raising capital through, debt, equity and private investment channels. To make a career in Investment banking you should have a bachelor's degree if it is related the fields to the finance / commerce background it will add the benefits. You can also go for a certification in Investment banking to get a better opportunities.

Good Luck!