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Important Things You Need to Know about Investment Banking

<p>Investment banking can be a promising career path&semi; the field continues to grow complex in nature&period; It mainly involves human ingenuity&comma; at the forefront of financial engineering&period;<&sol;p>&NewLine;<p>The industry has proven to be highly rewarding to those strong enough to undergo its grueling training and daily requirements&period; If you have chosen investment banking as your career path&comma; below are some important considerations you should be aware of&period;<&sol;p>&NewLine;<p><strong>Not a field for just finance majors – <&sol;strong>A degree in finance is not a prerequisite for anyone looking to step into the field of investment banking&period; Though highly helpful for background&comma; more and more banks are recruiting professionals with liberal arts and computer science degrees&comma; and putting them through two year training programs&period;<&sol;p>&NewLine;<p><strong>Possibilities – <&sol;strong>An<strong> i<&sol;strong>nvestment banking career can open a wide array of possibilities down the line for you&comma; from going in house into corporate development&comma; to transitioning to private equity&period; In fact&comma; a number of investment bankers with credible track records have gone off and done other things&period; One such name remains&comma; Gustavo Dolfino&comma; a highly regarded investment banker who went on to become a serial entrepreneur&comma; having started and sold Cancer Frontiers&comma; WhiteRock Capital&comma; WhiteRock Capital Partners&comma; The WhiteRock Group&comma; and as of late&comma; &OpenCurlyDoubleQuote;myKlovr” – an AI-based counseling platform for college students&period;<&sol;p>&NewLine;<p>Dolfino frequently speaks on notable media platforms such as Google&comma; The Wall Street Journal&comma; The New York Times&comma; CNBC&comma; CNN&comma; Asset-Backed Alert&comma; CBS Market Watch&comma; FOX&comma; Securitization Alert&comma; etc&period;<&sol;p>&NewLine;<p><strong>Quantitative interviews – <&sol;strong>Interviews generally involve highly quantitative exercises&comma; designed to elicit reasoning and deductive powers&period; Candidates are expected to be proficient in a number of subjects&comma; including&comma; without limitation&comma; financial statement analysis&comma; time value of money&comma; valuation methodologies&comma; etc&period;<&sol;p>&NewLine;<p><strong>Regulations – <&sol;strong>The industry is highly regulated today&comma; and is expected to become even more going forward&period;<&sol;p>&NewLine;<p><strong>Loyalty – <&sol;strong>It is imperative you do not become a job hopper&period; Loyalty is valued&semi; it reflects upon an individual’s judgement and maturity level&comma; and provides a good snap shot regarding an individual’s ability to deal with frustration&period;<&sol;p>&NewLine;

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