Investment banking, often wealth management or asset management, is a common career path for financial professionals. If you have the necessary commercial acumen, judgment, and financial understanding, a high-profile career as an investment banker can be profitable and interesting. Depending on your skills and personal ambitions, you can begin a career in investment banking in a variety of roles. In this post, we will look at some of the investment banking opportunities available to financial professionals and provide information on each role.
Job Categories in Investment Banking
Here is a list of jobs in the investment banking industry, describing their primary duties and average yearly salaries. For more information tap the link below:
- Banker
Average salary: ₹85,128 per month
Bankers are in charge of a firm’s private and business clientele. They are in charge of managing investment portfolios, including operating assets, and making modifications as appropriate. They are in charge of giving clients advice, meeting with them to discuss their needs, and managing accounts. Bankers assist customers in developing financial portfolios based on their needs and risk tolerance. They may also approve big transactions such as loans.
2. Branch manager
Average salary: ₹ 8.6 Lakhs
Branch managers oversee the day-to-day operations of a bank or other sort of financial institution. In major banks, they may be in charge of establishing, training, and supervising all staff who work in their branch. They may manage more workers and be more involved in the financial services industry as a whole in smaller institutions. They are in charge of ensuring that all customers receive excellent customer service and assistance.
- Financial associate
Average salary: ₹4,74,714 per year
Financial associates are in charge of advising potential new clients on the finest financial products for them. They provide financial advise on investment portfolios, retirement plans, and other items. They assist clients in opening accounts, transferring funds, and developing financial strategies. They frequently have a thorough understanding of all aspects of banking, including deposits and lending services.
- Financial analyst
Average salary: ₹6,08,500 per year
Financial analysts are in charge of evaluating and analysing a company’s, industry’s, or sector’s financial performance. Based on their results, they evaluate market trends and give recommendations. They assist organisations in preparing for and navigating mergers and acquisitions, as well as developing public filings and anticipating market growth and stock price variations. Financial analysts may also be in charge of assisting a company in developing a financial statement budget or taking other efforts to maintain its financial health.
- Portfolio analyst
Average salary: ₹ 6.0 Lakhs per year
Portfolio analysts are in charge of evaluating and analysing a company’s stock portfolio. They analyse probable stock purchases and sales, including long, short, and day trading. They work in groups to create portfolios and make judgements based on them.
- Financial planner
Average salary:₹6,49,976 per year
Financial planners are in charge of assisting clients in perfecting their financial plans and managing their money. They advise clients through all aspects of investment planning and budgeting by utilising accounting, communications, financial, and economic expertise. Financial planners may assist customers with opening a bank or other financial institution account, selecting an investment portfolio, managing risk, and making other decisions.
- Financial Advisor
Average salary: ₹6,20,360 per year
Financial planners are in charge of assisting clients in perfecting their financial plans and managing their money. They advise clients through all aspects of investment planning and budgeting by utilising accounting, communications, financial, and economic expertise. Financial planners may assist customers with opening a bank or other financial institution account, selecting an investment portfolio, managing risk, and making other decisions.
- Equity analyst
Average salary: ₹8,59,670 per year
Equity analysts evaluate a company’s stock price and make recommendations based on that data. They are responsible for researching current market trends and reviewing the company’s financial information to determine its worth. They may also research the company’s competitors’ financial information to help determine potential purchases, sales or mergers.
Investment banking is unquestionably a prestigious finance area requiring high analytical abilities, market understanding, and intuition. It entails advising customers on the finest investments and assisting them in growing their money. Depending on your level of interest, the career may also comprise sub-roles. As a result, it is a branch of finance concerned with customer securities and investments.
