The finance industry is one of the ever-expanding industries in India that is constantly maturing in terms of supply, products, and reach. Besides, with the recent massive expansion of the healthcare, housing, and retail sectors, the finance and banking industry is expected to multiply even more with time. Key segments of financial operations in banking organisations are evolving and advancing, and one of the most prominent ones is investment banking. The sector of investment banking today is considered as one of the most suitable and lucrative career domains for young and ambitious banking professionals. However, the concept of investment banking is gradually parting from the conventional shackles and propelling into a much more futuristic and tech-savvy dimension. Hence, here in this article today, we will discuss the key skills that you would need to thrive in the investment banking realm in today’s world.
One of the leading skills that any and every financial institution looks for in a candidate joining the field of investment banking is technical proficiency. The procedure of investment banking deals with complex aspects that require keener and faster ways of accomplishing goals. Since financial institutions nowadays rely more on analytical, statistical, and data-based approaches to make accurate and profitable investment decisions, hence technical expertise in data analytics, AI, and machine learning is extremely important for modern world investment bankers. It is imperative that they understand the leading applications, tools, and software used in the domain of investment banking.
Market intelligence and awareness
The market of finance has become more complex and competitive than ever before. The market is camouflaged by emerging political conditions, socio-economic scenarios, corporatisation, the evolution of the financial industry, and much more. As such, one of the key responsibilities of investment bankers is to stay equipped with as much valuable and realistic market insights and sources of information as possible so as to help the investors understand underlying market norms and proceed in the right way.
Investment banking without analytical expertise is like throwing a dart in the dark. Investment banking professionals with high-end analytical and logical expertise know how to present a detailed evaluation of investment plans and business ventures to potential clientele. Quantitative abilities, number-crunching skills, and the ability to back ailing plans with facts and figures are some of the analytical skills that an investment banking professional must possess to attain success in the profession.
A substantial percentage of investment banking involves corporate restructuring, M&A deals, and funding of new businesses and public enterprises. This is precisely where entrepreneurial skills become important. An investment banker is often responsible for finding business opportunities in the most unexpected areas of business, strategically re-launching an ailing business, funding budding business firms, and recognising merger opportunities in existing businesses. To meet these targets, a certain amount of entrepreneurial knowledge background is imperative.
An investment banker in order to compete with a strong edge in the fiercely competitive market of today requires real-time knowledge and proficiencies. The field offers incredible opportunities to investment bankers today to showcase their expertise by creating substantial and complex financial models, innovating ideas, and exploring high-end technology. If you are an ambitious mind willing to keep soaring higher and higher in the domain of investment banking, you might want to consider the Post Graduate Certificate Programme in Investment Banking (PGCPIB) offered by IIM Indore, one amongst the leading management institutes in the nation.
The one year programme is offered in association with Times TSW, a renowned name in the world of executive education and a professional education wing of the Times Group. Times TSW is the exclusive delivery partner for IIM Indore’s PGCPIB programme and extends to you an ideal opportunity to hone your skills and meet the industry expectations.
The Post Graduate Certificate Programme in Investment Banking is designed to offer the professionals with adequate knowledge to handle the various aspects of investment banking roles and responsibilities. Participants are familiarised with the core concepts in investment banking like asset management, security valuation, stocks, bonds and other derivative instruments that are necessary to meet the specified investment goals for the benefit of the investors. The course also aims to cater to the other functional areas of investment banking like Mergers & Acquisitions, Investment and portfolio management, and investment advisory services to high net worth individuals. Join the programme today to begin a worthy journey that will enable you to attain the next-level understanding in the niche of investment banking.