Investment banking division (IBD) professionals are the consultants of investment banking. They are responsible for the management of client relationships and as a result are well-versed in almost every aspect of their clients' businesses.
Specific activities range from working with clients to determine financing needs to underwriting the sale of straight equity, equity-linked or debt securities to providing advice on mergers and acquisitions, foreign exchange, economic and market trends and specific financial strategies such as corporate restructurings.
An IBD analyst produces pitchbooks, researches clients' industries, performs comparable company analyses and transaction data and builds financial models. Through this work, analysts hone their financial accounting and financial advisory skills. This position demands superior attention to detail, anticipation of problems and strong problem solving skills.
The IBD analyst role is an excellent opportunity to gain exposure to finance and business early in one's career and to create a skill set that is a springboard to strategic management.
Programme requirements
- On track for a 2.1 or above
- Minimum 'BBB' at A level (or equivalent in UCAS points)
- No specific degree subject is required
- Broad knowledge of the finance industry is required
- Excellent quantitative and analytical skills
- Resourcefulness - the ability to think creatively to solve problems
- Self motivation - the focus and drive to be able to rise to challenges
- Assertiveness - the confidence to share opinions and insights and stick by them
- Diligence - the ability to maintain exceptionally high standards of work at all times
