Investment banking is an important industry that helps companies, individuals and governments to invest their money. Professionally trained experts known as investment bankers oversee these tasks. Although many people would like to become investment bankers, not many manage to navigate successfully through the rigorous steps involved in becoming one.
For one to become an investment banker, he or she must have the necessary educational background. Most investment bankers usually undertake a banking related major while in college. These courses include economics, finance, accounting and business. However, individuals with backgrounds in engineering and mathematics have also succeeded in investment banking.
Students should brush up their spreadsheet and presentation skills. Thorough practice is needed to ensure that one fully masters both Microsoft Excel and PowerPoint. Moreover, internship in big investment banks is one of the best ways to get set for the industry. Individuals that cannot get internships in different investment banks should try smaller banks.
Individuals should network with other like-minded individuals and with the already established investment bankers. Joining investment clubs in campus or contacting peers through Linkedin and Facebook can also help one to create a good network. In addition, good grooming is also part of improving one’s image in the field.
As soon as one graduates with an undergraduate degree, he or she should enroll for an MBA. This provides him or her with an opportunity to network further and take part in recruitment drives. Like in other fields, the more firms that one approaches, the higher the chances of him or her landing a job.
About Martin Lustgarten
Martin Lustgarten is an example of a good investment banker. His success has seen him start a firm called Lustgarten Martin. He is the CEO of the firm. Many investors have always kept an eye on his moves because of the several right market moves that he has made in the past. Martin is a good role model for anyone interested in having a career in the investment-banking field.
Lustgarten strongly believes in international investment. To this end, he has invested in many countries. This move has seen him reduce the risks exposed to his wealth besides benefiting from growth in various countries. Lustgarten is a citizen of both Austria and Venezuela.
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