This position is only temporary, generally lasting two to three years. Some of the larger investment firms offer financial assistance for the MBA or Law degree for their financial analysts with the agreement that you will return to work for their company. An MBA is essential for becoming an associate in investment banking. Getting to the top, becoming a Managing Partner or Managing Director typically takes ten or more years. Valuable skills and requirements Investment banks want employees with a combination of strong analytical and interpersonal skills.
Most investment banks offer formal training in the form of classroom study or lectures.
Investment banking means hard work, high risk and high rewards. This is a profession where the stakes are high and the pressure is enormous. Be prepared to work long and hard, usually 60 or more hours per week. Starting salaries are higher than in many industries and the opportunity to travel and work for multinational and large prestigious firms can be both exciting and rewarding. Landing a Job Begin with the Self-Assessment process to learn more about how your interests, skills, and needs fit into this field.