Do you find banks to be boring places? Well, think of people working and the effort it takes to survive there. But knowing that an Investment Banking Internship can earn you $39 per hour will be enough to justify their survival. Now, if you have altered your mind and are thinking of trying this opportunity, you should know that it requires much knowledge in the field of finance. For that, you must have a bachelor's degree in relevant subjects.
As an Investment Banking Intern, you will be asked to perform essential documentation, Data analysis of many companies and officials. Those having strong interpersonal skills can also get the opportunity to negotiate with the company's clients. Under the supervision of many experienced seniors, you can get a chance to prepare many types of financial models.
Starting from a 3-week program, your internship can be extended for months. And if you are able to prove your worth, you might get a permanent job based on your performance.
There is more than meets the eye when it comes to being an Investment Banking Internship. For example, did you know that they make an average of $37.97 an hour? That's $78,984 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many Investment Banking Interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Computer skills, Analytical skills and Detail oriented.
If you're interested in becoming an Investment Banking Internship, one of the first things to consider is how much education you need. We've determined that 74.5% of Investment Banking Interns have a bachelor's degree. In terms of higher education levels, we found that 17.5% of Investment Banking Interns have master's degrees. Even though most Investment Banking Interns have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an Investment Banking Internship. When we researched the most common majors for an Investment Banking Internship, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Investment Banking Internship resumes include Associate Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become an Investment Banking Internship. In fact, many Investment Banking Internship jobs require experience in a role such as Internship. Meanwhile, many Investment Banking Interns also have previous career experience in roles such as Finance Internship or Volunteer.