Careers in Investment Banking after PGDM

Investment Banking is a specialized area of Banking that primarily deals with providing financial advisory services and facilitating the buying, selling, and issuing of securities for corporations, governments, and other entities. If you're interested in working in the investment banking industry, there are many types of positions you can choose. Some of these involve working directly with clients and advising on investment opportunities, while others are more analytical.  The PGDM program of Poddar Business School offers Banking as one of its new age electives.

Career Route for Investment Banker

Interns

 Candidates are required to work as an Intern for a firm or organization in order to get industry exposure and learn applications of the tools taught in college. Candidates can work for various organizations for positions such as accountant, finance operator, subject matter expert, online teacher, research and stock trader and management supervisor assistant.

Junior Investment Banker

 The Junior Investment Banker is a position offered to the entry-level candidate in investment management. Junior Investment Bankers work under the supervision of Senior Investment Bankers or General Managers. The roles and responsibilities of a junior investment banker include meeting applicants and potential customers to understand their loan requirements, gathering loan information based on specific criteria, analyzing and verifying applicants' financial information, explaining and presenting different financial investment options to the potential customers, ensuring investment terms and conditions comply with government regulations. 

Senior Investment Banker

 Senior Investment Bankers are responsible for overseeing the interns and junior staff in addition to the responsibility for researching and evaluating the client’s investment worthiness, creating investment scoring models to predict risks, approving or rejecting the loan requests, based on credibility and potential revenues and losses, calculation and setting of interest rates, maintaining records of loan applications, following up with the clients to manage debt settlements and loan renewals, ensuring all lending procedures comply with regulations, developing, reviewing and updating organization’s investment policies.

Investment Banking Analyst

Investment banking analysts are typically students directly out of under-graduate institutions who join an investment bank for a two-year program. Investment banking analysts spend a lot of time putting together Power Point presentations called pitch books. These pitch books get printed in color and are bound with professional looking covers for meetings with clients and prospective clients.

Investment Banking Associate

Investment banking associates are usually recruited directly out of MBA programs or analysts that have been promoted. Typically, bankers will be at the associate level for three and a half years before they are promoted to Vice President. Associates are also categorized into class years (i.e. First Year, Second Year and Third Year)  

The Senior Bankers (VPs and MDs)

Senior bankers primarily source deals and maintain relationships. Senior bankers have a wide variety of past backgrounds ranging from investment banking to corporate executive management. Aside from relationships, Senior Bankers often understand their industry landscape at a very detailed level and can anticipate deals in the sector. The PGDM program of Poddar Business School encapsulates Banking Services and Practices, Retail Banking, Investment Banking and Fintech in its specialization course of Banking.