Tips for Young Investment Bankers

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If you are drawn to the fast speed rhythm of investments and you have an analytical thinking you might have what it takes in order to be an investment banker. Like any industry, investments have certain rules that need to be applied in order to be successful. However you must always be prepared to learn new things. Furthermore keep in mind that the best tips are always the ones that come from already successful investment bankers. Today we are going to present a couple of things that you need to keep in mind if you are considering this field of work.

  •  Land a job

Getting a job as an investment banker can be quite challenging especially given the fact that there is a lot of competition in this field. The first thing that you need is an awesome resume. This doesn’t mean that you have to embellish a resume with useless facts. On the contrary, as the investment field appreciates analytical thinking, your resume must be as clear as possible. Focus on 4 things: college education, GPA, work experience and the qualities that would make you suitable for the job. The education that you had before college is completely irrelevant so don’t even bother to write it. Furthermore your future aspirations and any life philosophies are also not required. Keep in mind that time is money for the people in this business therefore you will only be loosing points if you waste their time with useless information. Extracurricular only counts if they are somehow relevant to the investing field.

  • Manage your finances

Investment bankers usually do a lot of traveling and it might be a good idea for you to sign up for frequent flier programs as well as hotel programs. Another good tip is to sign up for the AMEX Award program which allows you to earn points on your corporate buys. With this program you earn one point for every dollar you spend. As your corporate spending will increase you will find this program very useful.

  • Pay attention to your look

You may have noticed that investment bankers are rarely sloppy with their image. Given the fact that you will encounter a lot of important business people, it is essential that you invest some time and money in your image. Even if you are on the lowest ranks of the investment hierarchy you should still dress and act as a top executive. Making a good first impression will facilitate the development of your business relations.

  • Develop business relations

In any industry it is important to learn to communicate with your colleagues, associates and clients in a professional manner. This applies to all the people who you come in contact with in your line of work, no matter if they are on higher positions or on lower one. In order to be respected within your line of work you must know how to talk with different categories of people. It might be a good idea to read some books on good manners and work relations.

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