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 $38.64 an hour? That's $80,367 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 analytical skills, math skills and leadership skills.
When it comes to the most important skills required to be an investment banking internship, we found that a lot of resumes listed 9.7% of investment banking interns included powerpoint, while 6.7% of resumes included portfolio, and 6.5% of resumes included customer service. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the investment banking internship job title. But what industry to start with? Most investment banking interns actually find jobs in the finance and insurance industries.
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 70.5% of investment banking interns have a bachelor's degree. In terms of higher education levels, we found that 24.0% 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 high school diploma degrees or associate degree 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.