What is an Investment Banking Analyst?

Investment banking analysts provide banking advice to high profile investors. They also analyze stock by looking for trends to make investment decisions.  They assist businesses and government agencies in the issuance of stocks, bonds and securities which are traded throughout international stock exchanges.

Job Description

Investment Banking Analyst, Financial Analyst, Investment Analyst are all generally the same job description.  Their job is a supportive role in the banking and investment industry.  They gather data concerning stocks, create prospectuses, write newsletters and evaluate stock market fluctuations for their investors. Their extensive research is translated into presentations, publications and advice for their clients.

Education

These professionals typically hold MBA's in business, finance, business engineering or other major.  The minimum bachelors degree will suffice for this position, though most companies look for master's level with a high GPA from prestigious schools.  New hires are interned by the hiring company.  Additional training can be acquired through brokerages, colleges, banks and investment firms. 

Skills

Investment Banking Analysts must have excellent math, computer skills and a strong command of English.  They must be able to communicate both in writing and verbally.  They must be able to communicate complex financial scenarios, situations and concepts in layman's terms.  They must understand not only how to analyze the markets but how they affect each other and how an investor can benefit from the inner-connectivity of the international financial system. 

Salary

Along with salary, investment banking analysts can expect to earn a salary of between $50,000 to around $70,000 per year with bonuses ranging from $6,000 upwards to $44,000. The Bureau of Labor Statistics anticipates growth of 12% over the next ten years.