What are the different types of investment banker qualifications?
The qualification of investment bankers may vary according to the given functions in this industry. These functions include different positions of brokerage, analysts, mergers and acquisitions (M&A), sales and trading and portfolio management. Among the types of qualifications needed for these functions and others are university and postgraduate titles in various business disciplines such as finance and economy. In addition to these titles, other industrial certifications and licenses are often required to hire. An example of industry certification would be the Chartified Financial Analyst (CFA) certificate.
You want to become an investment banker, a postgraduate title is required in most cases. The following disciplines are usually preferred: finance, economics, mathematics, engineering and marketing. In addition to these disciplines, it is recommended to continue education and earn industrial certification. This may be necessary to hire many types of positions. Otjei skills are also considered, such as excellent communications and interpersonal intoconsistency.
The qualifications of investment bankers usually needed to work on mergers and positions include business university education and postgraduate titles such as Master of Business Administration (MBA). In addition, the CFA designation is very preferred for most M&A jobs. In general, the qualifications of investment bankers for portfolio managers include a postgraduate title in one of the above disciplines. For roles such as subscribing securities, the required MBA qualification and CFA designations are required. After gaining a university study, the candidate can receive a shot in the career of investment banking at the beginning of the research analyst or assistant.
There are several qualifications of investment bankers for the role of sales and merchant. For example, a sales trader is generally required to be a discipline as a finance. He is most often assigned to his tasks that include investment recommendationsC clients, so the business dealer needs an industrial license. This requirement also depends on the country where it lives. In the US, for example, the licenses requested include a license of the 63 Uniform Securities License (USL) and General Securities license registered representatives (GSRR).
securities brokers need a college title in the above disciplines. In addition, they may be required for further testing. In the US, for example, a securities broker must undergo a background control and sit federal and state tests in order to give them a relevant license. These include the GSRR 7 series licenses managed by the Financial Industry Regulatory Authority (FINRA). In addition, some companies require securities to get professional qualifications such as a certified financial planner (CFP).
In addition, some industrial certifications such as CFA and CFP can be obtained in many countries and are recognized worldwide. However, others are relevant only in the groundI where it is released. Therefore, some qualifications of investment bankers may vary from country to country. Some requirements tend to be universal as with university and postgraduate titles such as the above.