What is investment banking? What is its scope, criteria, eligibility criteria, etc.?

Career Talk Work & Career 2 years ago

0 1 0 0 0 tuteeHUB earn credit +10 pts

5 Star Rating 1 Rating
What is investment banking? What is its scope, criteria, eligibility criteria, etc.?

Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Answers (1)

Post Answer
profilepic.png
manpreet Tuteehub forum best answer Best Answer 2 years ago
Investment banking is a specific division of banking related to the creation of capital for other companies, governments and other entities. Investment banks underwrite new debt and equity securities for all types of corporations, aid in the sale of securities, and help to facilitate mergers and acquisitions, reorganizations and broker trades for both institutions and private investors. Investment banks also provide guidance to issuers regarding the issue and placement of stock. A Bachelor's degree in business administration or a related field like finance is required to become an investment banker. The average salary at these banks range from a fixed pay of INR 1.2 million to INR 2.2m with the bonus ranging between 40% to 80% depending on bank's performance in that fiscal year.

No matter what stage you're at in your education or career, TuteeHub will help you reach the next level that you're aiming for. Simply,Choose a subject/topic and get started in self-paced practice sessions to improve your knowledge and scores.