What exactky is an investment banker?? i heard they make good money..is that true?? ?
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Answer:
They take your money and invest it for you. usually in the stock and bond markets. Depending on experience and location the salary range is from $45,000 to $200,000.
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Other answers
Sure, they make good money. Typical of top-paying jobs, they're looking for the best and the brightest, with the best grades from the best schools or with the best track record, same as the hedge funds and a lot of other top-tier jobs. It generally takes several years of proving yourself before being given any real responsibility or high pay. Ask the first questions first -- whether you are cut out for this type of work, whether you can pass the tests required, and whether you can ascend to meet your goals and the goals of the company. What Does Investment Banking Mean? A specific division of banking related to the creation of capital for other companies. Investment banks underwrite new debt and equity securities for all types of corporations. Investment banks also provide guidance to issuers regarding the issue and placement of stock. Investopedia explains Investment Banking In addition to the services listed above, investment banks also aid in the sale of securities in some instances. They also help to facilitate mergers and acquisitions, reorganizations and broker trades for both institutions and private investors. They can also trade securities for their own accounts. Read more: http://www.investopedia.com/terms/i/investment-banking.asp#ixzz1eKpc2SwU
David
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