How can I become an investment banker in India with no experience?
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How can I become an investment banker in India with no experience?
Ways to get into Investment Banking
- Approach to the right personnel. The best way to get your application heard in Investment Banking is to find the right personnel and approach to him directly.
- Secure an Internship in Investment Banking.
- Be a part of Analyst programs.
- Build Connections.
- Pursue an Investment Banking Course.
Where do investment banks recruit from in India?
Banks recruit candidates from: The Top IIMs – They want candidates who have completed a Bachelor’s degree and then studied at an IIM, and ideally one of the top two: IIM-A (Ahmedabad) and IIM-C (Calcutta). A few recruiters will also go to IIM-B (Bangalore), which “places second.”
Who earns more Investment Bankers or CA in India?
According to LinkedIn, the average base salary of a CA in India is 6 lakhs per annum with the total average compensation goes up to 6.25 lakhs per annum whereas the average salary of an Investment banker in India has an average base salary of 11.9 lakhs per annum.
Is it difficult to break into investment banking in India?
Q: Some people say that “networking doesn’t work” or that it’s “impossible” to break into investment banking in India. A:The first statement is false. Networking works well if you do it properly. And if you’re not at an IIM, you pretty much havetonetwork to get in.
Do banks recruit for IB students from IITs?
But there isn’t that muchon-campus recruiting for IB roles, even at the top IITs – banks mostly want candidates from the top IIMs(Indian Institutes of Management) instead.
What do investment banks in India look for in a resume?
Many investment banks in India assume that if you can answer the technical questions effectively, you’ll be able to do the job effectively, so they sometimes pay less attention to “fit.” They also ask about macroeconomic indicators, such as the CPI of India, the expected GDP growth rate, and the rate of inflation.
Is it possible to get out of a bank job in India?
In 99\% of cases, no. But one market where candidates often think otherwise is India. Banks there try to ‘sell’ you on back and middle-office roles by offering higher base salaries and claiming that these roles lead to solid exit opportunities. But you should be skeptical.