What is an Investment Banking Internship

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.

What Does an Investment Banking Internship Do

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.

How To Become an Investment Banking Internship

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.

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Average Salary
$78,984
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
91,309
Job Openings
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Investment Banking Internship Career Paths

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Average Salary for an Investment Banking Internship

Investment Banking Interns in America make an average salary of $78,984 per year or $38 per hour. The top 10 percent makes over $97,000 per year, while the bottom 10 percent under $63,000 per year.
Average Salary
$78,984
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Investment Banking Internship Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Investment Banking Internship. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Investment Banking Internship Resume

At Zippia, we went through countless Investment Banking Internship resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Investment Banking Internship Resume Examples And Templates

Investment Banking Internship Demographics

Investment Banking Internship Gender Statistics

male

48.9 %

female

27.7 %

unknown

23.4 %

Investment Banking Internship Ethnicity Statistics

White

58.8 %

Asian

21.0 %

Hispanic or Latino

9.5 %

Investment Banking Internship Foreign Languages Spoken Statistics

Mandarin

21.6 %

Chinese

20.5 %

Spanish

19.9 %
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Investment Banking Internship Education

Investment Banking Internship Majors

33.0 %
20.4 %
12.7 %

Investment Banking Internship Degrees

Bachelors

74.5 %

Masters

17.5 %

Associate

3.2 %

Check Jobs That Match To Your Education

None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Investment Banking Internships

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

5. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

6. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

7. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

8. University of Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568

9. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

10. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083
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Top Skills For an Investment Banking Internship

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.0% of Investment Banking Interns listed Powerpoint on their resume, but soft skills such as Computer skills and Analytical skills are important as well.

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