What does an Investment Banker Do?
What do an Investment Banker do each day?
What does the day-to-day routine look like for a typical Banker?
The short story is that your seniority in the hierarchy largely determines your daily routine.
Showing the roles and responsibilities for Senior, Mid-Level, and Junior Investment Bankers
There are three major buckets within the Investment Banking hierarchy:
- Senior Bankers – Managing Directors (‘MDs’) and Senior Vice Presidents (‘SVPs’) build and foster client relationships.
- Mid-Level Bankers – Vice Presidents (‘VPs’) lead deal execution.
- Junior Bankers – create supporting materials and analyses used to ‘Pitch’ clients for new business and for ‘Live Deal’ execution.
As you can see above, what Investment Banker
s do in each role is slightly different.
s do in each role is slightly different.
In the coming sections, we’ll dig deeper into the roles and responsibilities at each level.
A ‘Typical’ Investment Banking Career Path
One of the most common questions at this point is, “What is the ‘typical’ Investment Banking career path?”
While there isn’t a typical path, there are two primary entry points for a job in investment banking: Pre-MBA and Post-MBA.
1. Analyst
2. Associate
3. Vice President
4. Senior Vice President
5. Managing Director
Comments
Post a Comment