This topic contains 9 replies, has 2 voices, and was last updated by Anonymous 2 years, 4 months ago.
January 2, 2015 at 2:39 pm #14600
Madam I have completed my MBA finance (2014) after my B.Tech computer science, I got place in BNP as Investment banker, I would like to know the scope of investment banking in India.
Is investment banking is a BPO job? Where it is good for my profile? or can I search for some other job?
With Regards Navin
January 2, 2015 at 2:39 pm #14601
Hello An investment banker forms acquisition strategy, plans joint ventures and finally implements mergers and acquisitions. A professional in this field also needs to be thoroughly aware of financial, accounting or legal issues. He or she needs to know all business nuances well. In order to gain skills in this area, one needs to go through professional training courses. A full time Investment Banking and Equity Research course can be completed over a span of 10 weeks. After the completion of this course, you can seek entry level job opportunities with mainstream finance firms. Under Graduate and Post Graduate Programs in Security Analysis, Portfolio Management & Investment Banking are suitable for fresh graduates. By doing these courses, you can gain specialized skills in banking and related financial services field. Some popular investment banking courses in India are available at undergraduate, postgraduate, certificate and diploma levels. These courses are Investment Banking & Equity Research, Under Graduate Program in Security Analysis, Portfolio Management & Investment Banking and Post Graduate Program in Security Analysis, Portfolio Management & Investment Banking. Scope of Investment Banking in India is only moderate in India . You can explore your options in Corporate Finance, Capital Markets, Project Finance, Trading, Mergers and Acquisitions, Ratings Analysis, Equity and Fixed Income Research and Retail Brokerage/ Stockbroker/ Private Client Coverage among others. Some of the good institutions are listed under:
1. Indian Institute of Finance
2. The Institute of Chartered Financial Analysts of India University, Tripura
3. Institute of Chartered Financial Analysts of India University (ICFAI) (Tripura)
4. Indian Institute of Banking & Finance (IIBF)
5. IPM, New Delhi
6. The School of Investment Banking (SIB)
7. Xavier Institute of Management – Bhubaneswar
8. S.P.Jain Institute of Management & Reaserch – Mumbai
9. Veer Narmad South Gujarat University
10. Mount Caramel Business School – New Delhi
11. Planman Centre for Higher Education (CHE), Delhi
12. Chennai Business School, ChennaiJanuary 2, 2015 at 2:39 pm #14602
I eye on pursuing investment banking as my career, I am studying in HSC at present and would like to commence it as soon as I give my 12th. I recently learnt that one has to do a course in CFA and an MBA in finance. Can you please explain me the formalities in this course. Where should I do it from India or Abroad, What are the formalities abroad, two of my friends have already completed 5 months of internship at black rock….is it too late if I start next year? how much years and degrees should I have to make the most of my job in near future…if so, how much shall I except….abroad preferably London, Canada…are there any scholarships? In india too?….if I dont wish to do CFA what else…please reply as soon as possible.January 2, 2015 at 2:39 pm #14603
Choose to specialize in Finance for a career in “Investment Banking”. “Finance Majors study financial and accounting information, economic models and analytic techniques that can be applied to financial problems. They learn to determine prices of assets such as stocks and businesses to manage assets to maximize their economic values”, states The College Board Guide to College Majors. After your bachelors degree you could consider pursuing a international CFA (Chartered Financial Analyst) certification. The CFA is a recognized qualification and will strengthen your profile if you are keen on working abroad. You can apply for the CFA online. Applicants are required to have a US equivalent Bachelors degree or 4 years of professional work experience or a combination of both, while applying for the CFA.January 2, 2015 at 2:39 pm #14604
What exactly is the process if one wants to be an Investment Banker in India? And does it require Maths in the +2 level?January 2, 2015 at 2:39 pm #14605
Choose to specialize in Finance for a career in Investment Banking. Finance Majors study financial and accounting information, economic models and analytic techniques that can be applied to financial problems. They learn to determine prices of assets such as stocks and businesses to manage assets to maximize their economic valuesJanuary 2, 2015 at 2:39 pm #14606
Hello Sir / Mam I am pursuing B.com second year specializing in Banking. Can you suggest some courses that can improve my employability and add to my qualifications? Also what is the scope of a career in banking sector?January 2, 2015 at 2:39 pm #14607
You can take up diploma and certificate courses in banking and insurance, banking management, laws,etc. Banking is a good field but future success depends on your passion and excellence in the field.January 2, 2015 at 2:39 pm #14608
I cleared my tenth standard exams with 97% from the ICSE board and I am currently pursuing commerce from a reputed college in Mumbai.I wish to complete graduation in finance from a foreign university. My aim is to do investment banking. So which exams and scholarships should I apply for?January 2, 2015 at 2:39 pm #14609
You will be required to appear for GMAT and TOEFL/IELTS. All international students are considered for merit-based scholarships. Every university offers various scholarships; you can refer to the university’s website for scholarship details. You can also consider applying for a graduate assistantship, where you work or research with professors. In exchange you will get a tuition waiver and get a monthly stipend to cover your living expenses. In India you can consider approaching various trusts such as Lady Meherbai D. Tata Education Trust, Aga Khan Foundation, Jawaharlal Nehru Memorial trust scholarships and Nanabhoy Jejeebhoy Charity Trust which offer loan and grants to students seeking education abroad. Please contact these individual institutes for further details.