You asked: What should I major in if I want to be an investment banker?

Which field is best for investment banker?

Master of Business Administration degrees (MBAs) is the most popular among the investment bankers. CFA Certification is a popular finance certification. This certification is conferred by the Chartered Financial Analyst Institute to professionals.

What to do if you want to be an investment banker?

Here are the steps you need to follow in order to become an investment banker.

  1. Know the investment banking career track. …
  2. Develop your knowledge of the financial services industry. …
  3. Take relevant classes. …
  4. Know what recruiters look for. …
  5. Take on an investment banking internship. …
  6. Build your network.

Does your major matter for investment banking?

Banks indeed hire from all majors, and some majors are more relevant to finance than others. But those points ignore the true importance of your major: allowing you to earn good grades while appearing competent and intelligent and gaining a useful skill set that gives you alternate career options.

Can a CS become an investment banker?

ANSWER (1) Of course, Yes. If you have creative approach and good communication skill, you can certainly become an Investment Banker. … If you have creative approach and good communication skill, you can certainly become an Investment Banker.

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Do you need to be good at math to be an investment banker?

There are 3 points you need to know about math in investment banking: You don’t use it that much. The math you do use is very simple. … Therefore, you don’t have to be a math genius – but you do have to be good with numbers.

Is investment banking a good career?

Investment bankers can work 100 hours a week performing research, financial modeling & building presentations. Although it features some of the most coveted and financially rewarding positions in the banking industry, investment banking is also one of the most challenging and difficult career paths, Guide to IB.

Is it hard to get a job in investment banking?

Investment banking is extremely competitive with way more applicants than available positions each year. You will often be up against students from Ivy League. … Bulge bracket banks and almost all other investment banks will look at your GPA when applying for a job and you should include it in your resume.

Is being an investment banker worth it?

Being an investment banker is one of the best-paying jobs available today, excellently. Meaning, when it comes to salary, it surpasses other jobs by far. It’s also one of the hardest jobs possible, in every way you can think of.

How much do investment bankers get paid?

The common average salary for investment bankers in the U.S. is $56,894 per year as recorded from Indeed Salaries although salary data is frequently updated. Some salaries range from $53,219 per year to $180,000 per year. Usually, investment bankers at large banks make more money, including salary and bonuses.

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What major goes well with finance?

What Are the Best Double Majors with Finance?

  • Corporate Finance: Accounting, Statistics.
  • Investment Banking: Economics.
  • Sales and Trading: Math, Computer Science, Engineering (one saying goes, “Teaching a programmer how to trade is a lot easier than teaching a trader how to program”)
  • Consulting: Sociology, Psychology.

Where do investment bankers go to college?

The Ivy League dominates many other spots for schools that investment banks target, including:

  • Harvard University.
  • Cornell University.
  • Princeton University.
  • Columbia University.
  • Boston University.