Cross the Investment Banking Career Frontiers in India
The scope of investment banking industry is very wide in India. There are a lot of millionaires searching for different opportunities to invest in the market. All good. But there is one loophole in all of this seemingly foolproof plan. The investment bankers who can guide them where to invest, how to invest, and how much to invest.
That sounds like a golden opportunity for all the investment banking career enthusiasts out there. The investment banking industry is all about providing services to the corporates, companies, and high net worth individuals (HNI) for the capital raise. Other services are also involved such as mergers and acquisitions advisories, corporate finance, equity and fixed income syndication, capital market research in fixed income, forex, and equity, security trading, custodian services, asset management, and issuance of debt and equity sell securities.
The chance to make an investment banking career is even more lucrative owing to the fact that India is becoming home to the major investment banking firms. The reason it is being vied as the top investment banking industry destination is the low operating cost model. The operating costs of the management of investment banks are very marginal compared to the bigger economies like UK, US, and the other countries partly because of the low rate of hiring the workforce. Moreover, services such as BPO, ITES, IT, and KPO are being provided by the top Indian companies, the likes of which are SYNTEL, WIPRO, and TCS.
If you wish to build a career in investment banking, go for that institute which offers excellent investment banking classes and are reputed for the same. Investment banking classes give you in-depth knowledge of the different services that investment banking involves. The best way to ensure you have access to the best of investment banking classes is to register with top investment banking industry for internships.
Some of the biggies of the industry from foreign shores are Goldman Sachs, Morgan Stanley, Barclays, HSBC, JP Morgan Chase, Deutsche Bank, Citi Bank, BNP Paribas Bank, and The Bank of New York Mellon. The names of the leading Indian investment banks are SBI Capital Markets, ICICI Securities Ltd, Avendus, Kotak Mahindra Capital Company, and Bajaj Capital.
The educational background to be in this professions is to be any of these- graduate or postgraduate. Understanding the banking industry, investments, and the portfolio of investment options really help to make it big in this industry. The major powerhouses in this industry hire Indian workers because of their availability at low cost.
The investment bank jobs are not meant for everyone. Only the candidates who have the attitude to carry with the high demands of the industry can survive, sometimes you have to compromise on your social life and at other times you have to stay back late at night trying to cover everything that you have on your platter. But if you have guts for all this and more, then this could be the ultimate career opportunity for you.