Data analytics and other skills which can boost investment banking careers

In order to keep up with growing digital technologies, more companies across sectors are expanding their investment banking teams. These include analysts, and other roles in client management and financial analytics.

Investment banking jobs are popular among finance and accounting professionals, and known for handsome paypackets. Financial certifications to boost them further by 15%.

While banks offer training programmes to hired analysts and investment bankers, there are several finance certifications and online courses that can boost i-banking careers.

Learn these skills to enhance your career in investment banking.

Accounting fundamentals
Accounting and financials are core to investment banking. This includes preparing balance sheets, income statements and maintaining cash flows. For this, it is important to study how investments are recorded. Online courses in accounting incorporate case studies and tools that allow learners to prepare financial statements and factsheets.

M&A transactions (Merger & Acquisitions)
Corporate finance is a key aspect of investment banking. Corporate finance involves an in-depth knowledge of equity research and concepts, financial planning and analysis (FP&A) and treasury — among others.

This includes underwriting of equity shares.

Finance Skills

Financial analytics is one of the key job roles in the sector. Consultancies, audit firms, insurance companies, and investment groups hire financial analysts to study data and process it according to business needs. This includes financial modelling — M&A transactions, buyout transactions, trade financing, commercial lending and billing.

Investment bankers document the detailed analysis of businesses and their investment options. This can be achieved by analytical expertise like quantitative analysis, statistics and data processing.

Soft skills

Soft skills form the basis of any career. Investment bankers are expected to negotiate with clients, convince them for the company’s business plans — which requires communication and presentation skills.

Other soft skills include management and leadership ability to assess capabilities across teams.