Investment Bankers help individuals, businesses, organizations or other corporate entities in activities such as capital raising, mergers and acquisitions.
Personal Competencies
You like to persuade people
You are good at Maths
You like to lead
You like to analyze problems/situations
Entry Pathway
1. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Biology)
2. Complete Bachelor’s in Finance/Accounting/Economics/Mathematics etc.
OR
Complete Bachelor’s and then follow it up with an MBA in Finance
OR
Complete Bachelor’s and then follow it up with three exams of the Chartered Financial Analyst program
OR
Complete Bachelor’s and then follow it up with a Post Graduate Diploma in Investment Banking
Please check the duration of the course during enrolment
Where will you study?
The course is offered by the Department of Commerce. This list of institutes is indicative only
Government Institutes 1. University of Lucknow 2. University of Mumbai 3. Osmania University, Hyderabad 4. University of Allahabad Allahabad 5. Devi Ahilya Vishwavidyalaya, Indore 6. Bangalore University, Bangalore 7. Burdwan University, West Bengal 8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes (Please check if Institute is affiliated and accredited with UGC before applying) 1. J.D. Birla Institute, Kolkata 2. St. Xavier's College, Kolkata 3. Christ University, Bangalore 4. Chandigarh University 5. Birla Institute of Technology and Science, Rajasthan 6. Galgotias University, Noida 7. Vellore Institute of Technology, Vellore, Tamil Nadu 8. Nirma University, Ahmedabad
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
Fees
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Banks, Insurance agencies, Mutual Fund Companies and Stock Exchanges among other places.
Entrepreneurship: You can start your own business.
Work Environment: You will have a desk job and may have to handle a team. Local travel is part of this job role. You will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Sonal Biyani is an Investment Banker by the day and a stand-up comic by the night. A former analyst, she is one of the founding partners of Basic Roots Consulting—an investment advisory firm that helps startups raise funds. She completed her engineering degree from J N Vyas University, Jodhpur and MBA (Master of Business Administration) from the Indian Institute of Foreign Trade, New Delhi.*
Investment Banker
NCS Code: NA | BFSI101. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Biology)
2. Complete Bachelor’s in Finance/Accounting/Economics/Mathematics etc.
OR
Complete Bachelor’s and then follow it up with an MBA in Finance
OR
Complete Bachelor’s and then follow it up with three exams of the Chartered Financial Analyst program
OR
Complete Bachelor’s and then follow it up with a Post Graduate Diploma in Investment Banking
Please check the duration of the course during enrolment
The course is offered by the Department of Commerce.
This list of institutes is indicative only
Government Institutes
1. University of Lucknow
2. University of Mumbai
3. Osmania University, Hyderabad
4. University of Allahabad Allahabad
5. Devi Ahilya Vishwavidyalaya, Indore
6. Bangalore University, Bangalore
7. Burdwan University, West Bengal
8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes
(Please check if Institute is affiliated and accredited with UGC before applying)
1. J.D. Birla Institute, Kolkata
2. St. Xavier's College, Kolkata
3. Christ University, Bangalore
4. Chandigarh University
5. Birla Institute of Technology and Science, Rajasthan
6. Galgotias University, Noida
7. Vellore Institute of Technology, Vellore, Tamil Nadu
8. Nirma University, Ahmedabad
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=commerce
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Banks, Insurance agencies, Mutual Fund Companies and Stock Exchanges among other places.
Entrepreneurship: You can start your own business.
Work Environment: You will have a desk job and may have to handle a team. Local travel is part of this job role. You will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Analyst → Associate → Account Manager→ Senior Account Manager → Managing Director
The approx. salary of an Investment Banker ranges between INR 28,750 - 50,00,000* or more per month.
Source: https://www.payscale.com/research/IN/Job=Investment_Banker/Salary
*These figures are indicative and subject to change
Experts from the field
Sonal Biyani is an Investment Banker by the day and a stand-up comic by the night. A former analyst, she is one of the founding partners of Basic Roots Consulting—an investment advisory firm that helps startups raise funds. She completed her engineering degree from J N Vyas University, Jodhpur and MBA (Master of Business Administration) from the Indian Institute of Foreign Trade, New Delhi.*
Source: https://yourstory.com/herstory/2022/08/meet-sonal-biyaniinvestment-banker-by-day-stand-up
*The above information is for training purposes only and will not be used for any commercial gains
associate-investment banking, investment banker