Investment banking is an emerging industry with high compensation in recent years. Many students are very concerned about the work content, salary level and promotion opportunities of m&a investment banking. Based on the provided reference articles, this article sorts out and summarizes the basic situation, work content, salary level and promotion path of m&a investment bankers, hoping to help more students understand investment banking.
M&A investment banking belongs to the IBD department, which is the core business of investment banks
As introduced in the reference articles, m&a investment banking belongs to the IBD (Investment Banking Division) department, which is one of the core businesses of investment banks. In addition to m&a investment banking, IBD also includes businesses such as equity capital markets, debt capital markets, leveraged finance, and restructuring. The main job of m&a investment banking is to act as an intermediary for corporate mergers and acquisitions, which can be understood as a high-end intermediary in the M&A field.
The main job content of m&a investment bankers is financial modeling, PPT production, administrative work, etc
The job content of investment banking analysts mainly includes: building excel financial models, preparing PPT materials, tracking buyers and sellers, sorting data and transaction documents, timely responding to customer requests, etc. After being promoted to associate, they will undertake more important speech tasks, participate in more important meetings, and interact more with customers.
The salary level of investment bankers is high, with base salary + bonus, junior can get 90-120k pounds
The salary level of investment banking analysts: The base salary is usually around 60k pounds, and the bonus is about 0.5-1 times the base salary. The total compensation is usually between 90k-120k pounds. After being promoted to associate, the base salary of large investment banks is about 110k pounds, and the total compensation is usually around 200k pounds.
It usually takes 2-3 years to get promoted from analyst to associate in investment banking
The promotion path of investment banking is: Analyst – Associate – Vice President – Director – Managing Director. It usually takes about 2-2.5 years for analysts to be promoted to associates. It takes about 3-4 years for associates to be promoted to vice presidents. Of course, excellent abilities are indispensable for promotion.
In summary, m&a investment banking has high compensation but also high pressure. The promotion path starts from analyst – associate – vice president – director – managing director, and it takes 2-4 years from junior to middle level. Hope this article can help you understand investment banking.