Investment Banking 101

The first thing you will learn in investment banking 101 is what exactly investment banking is. An investment bank is a financial institution that underwrites for corporations and governments who issue securities. They offer brokerage services and financial advisory services to companies also. These banks also handle things like acquisitions, mergers, corporate restructuring and private equity placements. Investment banks only work with certain types of clients and do not offer their services to private individuals or small businesses. For that you would need a personal and/or commercial bank.

There are two different types of firms in the world of investment banking. Bulge bracket firms have between 15,000 and 50,000 employees located all over the world. The other type of firm is called a boutique firm. Boutique firms employ only between 500 and 3000 people. You will find that working for a bulge bracket firm is much different than working with a boutique firm. Many people have a preference as to which type of firm they want to be a part of.

You will need to learn how to get a job in investment banking before you consider it as a career possibility. A minimum of a Bachelors degree is required although MBA degrees are preferred. Prior to your senior year you should take a summer internship at the firm at which you want to work, if you can get it. The best internships are very competitive because recruiters often choose from their summer interns when filling a position. It is the goal of every intern to not only gain real world job experience in their chosen field but also try to get a job offer for after graduation.

Another thing you will learn in investment banking 101 is the promotion structure. Undergraduate students start off as analysts. From there they complete their masters program and go on to a position as an associate. Associates make more money and have a higher rank than analysts. After the associate level comes the Vice President level, followed by Managing Directors. As you can see there is a great possibility for advancement for a career minded investment banker. The first step is obtaining the right education and training in order to begin your career.

How To Get Started With Microcap Stocks

Investment Banking News:

Macquarie Says Investment Bank, Securities Earnings Set to Drop on Markets - Bloomberg

International Business Times AU

Macquarie Says Investment Bank, Securities Earnings Set to Drop on Markets
Bloomberg
Photographer: Ian Waldie/Bloomberg Macquarie Group Ltd., Australia's biggest investment bank, said its three largest units are set to report lower earnings .
Market closes lower amid Macquarie slumpABC Online
Macquarie says annual earnings may fallNinemsn
Macquarie Group cautious on outlookMoney Management
Herald Sun -Finance News Network (press release) (subscription)
all 58 news articles »

FMIC income up 60% in H1
First Metro Investment Corp. (FMIC),the investment banking arm of the Metrobank Group, yesterday said its consolidated net income for the first half of 2010 reached P888.7 million, a 60 percent jump from its profits posted in the same period last year...

Macquarie says weak markets hurting; shares slide
* Trading, investment banking, securities hit..

UBS bucks the trend as investment banking drives a surge in .
Swiss banking giant UBS today beat all expectations with second-quarter profits of SwFr 2 billion (1.23 billion) and also said it expects to complete its deal with the US tax authorities by October of this year...

Investment Banking Cover Letter Template | Mergers & Inquisitions
Investment Banking Cover Letter Template: Copy and Paste This Template to Land Investment Banking Interviews and Offers...

Trading Stocks EUR Investment Banking | Turn your Articles into Cash .
Investment bankers are firms that specialize in helping companies and governments in marketing a new debt or equity security issue to pay for capital expenditures like buildings and machinery. The term investment banker can be ...

Deutsche Profit Hurt by Drop in Investment Banking Revenues - New York Times

Bobsguide (press release)

Deutsche Profit Hurt by Drop in Investment Banking Revenues
New York Times
But it was down 34 percent from the previous quarter as Germany's largest bank earned less from investment banking. Net income was 1.16 billion euros, .
Anshu Jain overhauls Deutsche Bank investment bankReuters
Deutsche Bank's Jain Names Corporate, Investment Banking Team, Memo ShowsBloomberg
Financial News: Jain Puts New Team In Place At Deutsche BankWall Street Journal
Economic Times -MarketWatch -AFP
all 339 news articles »

Maybank bullish on investment banking
MALAYAN Banking Bhd (Maybank) (1155) expects to see a 50 per cent rise in the value of its investment banking deals this year as the stable global economy galvanises fund-raising activities, the head of its investment banking arm said. Maybank Investment Bank Bhd chief executive Tengku Zafrul Tengku Aziz said that a healthy flow of initial public offerings (IPOs) and bond issuance would ...

Good News on Graduate Investment Banking Jobs | Assurance Network Blog
Investment banking is very special in the diversity, intellectual challenge, productivity, career opportunity, breadth and variety of teamwork and analytical content that it presents to graduates. Hours can vary with some jobs involving ...

BMO Capital Markets Continues to Expand in the U.S. With New Hires in . - MarketWatch (press release)

BMO Capital Markets Continues to Expand in the U.S. With New Hires in .
MarketWatch (press release)
Mr. Cohen will also work closely with Ken Tuchman, a 30-year Wall Street investment banking veteran who was recently appointed Vice Chair of BMO Capital .
BMO Capital Markets Hires Five Investment Bankers to Expand US BusinessBloomberg
CORRECT: STREET MOVES: BMO Capital Markets Continues US Expansion With HiresWall Street Journal
BMO Capital Markets hires five US managing directorsInvestment Executive
Globe and Mail
all 25 news articles »

Deutsche Bank Markets $350 Million CLO as Garrison Seeks Higher Leverage - Bloomberg

Deutsche Bank Markets $350 Million CLO as Garrison Seeks Higher Leverage
Bloomberg
. according to Barclays Capital, the investment banking division of Barclays Plc. Banks have agreed to raise $17.7 billion more of the debt, .

and more »

The SEC's Citi Complaint: When $13 Billion Should Have Been $50 Billion - Wall Street Journal (blog)

Washington Post

The SEC's Citi Complaint: When $13 Billion Should Have Been $50 Billion
Wall Street Journal (blog)
Throughout the period in question, Citigroup represented that its sub-prime exposure in Citigroup's investment banking unit, Citi Markets & Banking, .
Citigroup Pays $75 Million to Settle Subprime ClaimsNew York Times
Citi Pays SEC $75M Over Charges It Botched Subprime DisclosuresForbes (blog)
Citigroup settles charges over misleading investorsAFP
TheStreet.com -The Atlantic
all 414 news articles »

(IT) Java Web Developer Urgent- Investment Banking- Hibernate ÄEUR .
Rate: Ã‚400 - Ã‚500 per Day Location: London Java...

S.Korea to pick 3 banks to run $6 bln Woori sale - Reuters

Reuters India

S.Korea to pick 3 banks to run $6 bln Woori sale
Reuters
The government, which holds 57 percent of Woori, will first select its investment banking advisers before opening the bidding for the banks. .
S Korea to choose 3 investment banks to sell WooriMoneycontrol.com
Korea to Hire Arrangers for $5.7 Billion Sale of Majority Stake in WooriBloomberg

all 16 news articles »

How Investment Banking Resumes Are Read | Ancient secrets of the .
How Investment Banking Resumes Are Read One constantly mysterious topic is how investment banks actually read your resume when you apply for...

Investment Banking EUR How Investment Banking Can Help You | YodZiaN .
There are a lot of companies in the world that start small and eventually grow out to become a powerhouse corporation rich with assets and capital for...

Investec Looks To Private Wealth For Growth This Year - Wall Street Journal