Investment Banking Analysts

Investment Banking Analyst Reads Charts

Investment banking analysts are entry-level professionals who provide support to associates and investment bankers in areas that include equity and debt offerings, valuations, private placements, leveraged buyouts, mergers and acquisitions, and strategic advisory work. They build financial models, carry out financial analysis and due diligence, create presentations, conduct research, and handle support duties such as fetching coffee and making photocopies. Analysts are typically hired straight out of college, participating in a two-year analyst program with the possibility of being offered employment for a third year or being promoted to associate. After two or three years, many analysts leave to earn their MBAs or pursue other opportunities. 

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Quick Facts
Alternate Title(s) Sell-Side Analysts
Duties Build financial models, conduct financial analysis and due diligence, and perform a variety of administrative and support duties
Salary Range $50,000 to $100,000
Work Environment Primarily Indoors
Best Geographical Location(s) Opportunities are best in New York City, San Francisco, Boston, and in other cities with large financial sectors
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Internship or fellowship
Personality Traits
  • Enterprising
  • Hands On
  • Outgoing
Skills
  • Financial
  • Interpersonal
  • Research
Certification or Licensing Recommended
Special Requirements None
Employment Prospects Good
Advancement Prospects Fair
Outlook Little Change or More Slowly than the Average
Career Ladder
  • Managing Director
  • Director
  • Vice President or Investment Banker
  • Associate
  • Analyst

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