The careers that you can pursue with investment banking courses for beginners are as follows:
#1 - Intern:
Internships are a great way to enter the finance industry, especially in the investment banking field; you are paid a good stipend, and most importantly, influential global firms like to hire interns from top universities, colleges and institutions as part of an internship program. It is always better to take investment banking courses free with certificate to increase your chances of getting a lucrative internship. You get to work with professionals and may enjoy an average annual stipend earning of around $62,625 in the US.
Salary reference -https://www.salary.com/research/salary/hiring/investment-banking-intern-salary
#2 - Analysts:
Analysts are responsible for gathering data and turning raw information into valuable insights and comparison data form. They often use MS Excel for it. They analyze stock prices and investments to offer critical reports to investment managers and bankers. They are hired by top firms such as Deloitte, PwC, Goldman Sachs, Morgan Stanley and so on, with an average salary of $115,459 as of June 27, 2024 in the US and other countries.
Salary reference -https://www.salary.com/research/salary/posting/investment-banking-analyst-salary#
#3 - Associate:
Associate can be understood as equal or just above the positions of analyst; they work together and support managers in meetings and client visits and look after all the important tasks with the ability to foresee and interpret data-driven decisions parallel to the managers and executives. They enjoy a good average salary of $255,617 as of June 30, 2024, in the US. That said, the salary varies depending on the firm size and the scope of their responsibilities.
Salary reference -
https://www.glassdoor.co.in/Salaries/united-states-investment-banking-associate-salary-SRCH_IL.0,13_IN1_KO14,42.htm?countryRedirect=true
#4 - Vice President:
Now, this is a challenging position; it is not easy and quick to become a vice president of any investment bank. This requires years of experience, expertise, promotions, networking and, most importantly, consistency in one firm. It is one of the reputed positions in the finance industry, with a handsome salary of around $377,234 in the US as of June 27,2024.
Salary reference -https://www.salary.com/research/salary/posting/vice-president-of-investment-banking-salary#
#5 - Managing Director:
Again, this is a top management position and only after years of work, experience and expertise in your tasks do you get to the position of a managing director. It is a top-rated position, particularly with global firms such as JP Morgan, Barclays, or KPMG. Such professionals receive a salary of around $328,063 as of June 27,2024, in the US.
Salary reference -https://www.salary.com/research/salary/position/managing-director-investment-banking-salary
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