Investment Banking Career Guides

What is Investment Banking? Investment Banking is mostly an advisory function where banks help their corporate clients with raising debt or equity, and with mergers, acquisitions, restructuring, leveraged finance etc. Investment Banking is typically part of a bank’s corporate or …

Understanding M&A The M&A team is a product group within the investment banking divisions of financial institutions responsible for assisting clients with corporate mergers or acquisitions. When a company decides to merge with another business, there is a lot of …

Understanding Debt Capital Markets (DCM) Debt and Equity are the primary sources of capital for corporations. Debt is cheaper and interest payments are tax deductible which makes it an attractive option (when used in moderation) to fund business activities. Which …

What is Equity Capital Markets (ECM)? The Equity Capital Markets team advises clients on the issuance of equity or equity linked products and assists in the execution and syndication of such an issuance. Equity issuance can take the form of …

What is Sales & Trading? The Sales & Trading (S&T) division at a bank is responsible for market-making and executing equity, fixed income, derivatives, commodity and other such trades on behalf of clients. Let’s break that statement down: Sales and …

What is Leveraged Finance? Leveraged Finance is essentially the use of high levels of debt for financing strategic corporate actions. These actions could be things like acquisitions, share repurchases, recapitalisations, capex and so on. Leveraged financing differs from normal financing …

Project finance is an exciting and challenging career that offers an opportunity to young professionals to develop the analytical and quantitative skills necessary to excel in banking. With a healthy work life balance and lucrative pay packages, project finance exists …

Investment Banking interview questions broadly come in two flavors: Behavioral, Personality and Fit Questions Technical Questions that include modelling, logical reasoning, finance concepts, etc. The behavioral questions are, in fact, common across all front-end finance roles so we will cover …

This is the list of best reference books that will help you boost your career in investment banking. They each focus on one specific area like fixed income or M&A and so on, but you won’t lose anything by going …