Investment banking book pdf

Investment banking is a highly competitive career path that attracts many individuals even despite its tough demands, long working hours, fierce competition, and stress. Besides, getting selected is quite challenging — only 4% of Goldman Sachs’ 40,000-plus applicants and just 2% of Morgan Stanley’s 90,000 applicants make it into their analyst programs.

In this article, we’ll not only delve into the lives of the most successful investment bankers and their achievements but also explore the pros and cons of becoming an investment banker and discover tips on how to become successful in this profession.

Highlights

• The list of bankers that significantly impacted the world economy and investment banking include The Rothschilds, J. Morgan, The Warburgs, A. Giannini, D. Rockefeller, M. Goldman, J. Lemann, J. Simons, J. Safra, and R. Dalio.
• Amadeo Giannini’s revolutionary approach to banking democratized access to financial services, benefiting the common people.
• Marcus Goldman’
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  • The corporate banking sector in India is set to grow by 15% in 2023, reaching a value of $1 trillion.
  • Harvansh Grover,Regional Head at HDFC Bank’s Conglomerates & Large Corporate division, South India shares how he always aspired to be a banker and as a CA fresher started with Citi in the Operations profile.
  • Here are his experiences and learnings he acquired on the way to building a Career as a Corporate Banker.

  CA turned Corporate Banker

  Growing up, I was surrounded by family and neighbors who were either CAs or worked in the finance industry.

  Thus, it was clear that I wanted to become a CA and pursue a career in banking. Yes, I always aspired to be a banker right from my school days.

  Fast forward to 2005, I qualified as a Chartered Accountant.

  Having no in-depth knowledge of what banking had to offer as a career, I accepted a job offer with Citi Bank, Delhi in Transaction Banking, on the operations profile.

  I was open to the idea that if I could gain entry through operations, I would make the best of it, and figure things out over time.

  As CAs

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  As a corporate investment banker, you'll provide a range of financial services to companies, institutions and governments

  You will help them achieve their financial goals and implement long and short-term financial plans. You'll manage corporate, strategic and financial opportunities, including:

  • acquisitions
  • bonds and shares
  • initial public offerings (IPO)
  • lending
  • mergers
  • privatisations.

  You may also advise and lead management buyouts, raise capital, provide strategic advice to clients and identify and secure new deals.

  You'll work in dedicated teams, focusing on specific transactions or market sectors. Corporate investment bankers also work alongside other related professionals such as lawyers and accountants.

  Types of corporate investment banker

  Many investment banks deal in three main areas:

  • corporate finance - involves providing specialist knowledge and advice on areas such as mergers and acquisitions, expansion to increase profitability, safeguarding market position and diversifying. You could manage the transaction process, assessing the target organisation a