What does the outlook for investment banker analyst look like?

Prepwise AnswersCategory: Finance CareersWhat does the outlook for investment banker analyst look like?
Career Dev Staff Staff asked 7 years ago

Is this a reliable carer to go into?

1 Answers
Greston Wise Staff answered 7 years ago

Analysts are typically recent undergraduates who work long hours and do a fair bit of grunt work. A good analyst helps his or her boss get their job done and done well. Analysts are not normally expected to contribute in meetings but often can. After the typical two-year analyst program at a major investment bank, many analysts return to school for an MBA before coming back to investment banking. Others choose to try other opportunities. During recruiting out of an MBA program, former analysts will be at a significant advantage over others without experience.


Key success factors include (i) getting your job done well and without friction, (ii) getting things done on time, (iii) asking for help when you need it, (iv) dressing neatly, (v) not complaining, gossiping or whining, (vi) learning to use the library and the web to do research, (vii) become a whiz-kid with Bloomberg, Excel, Word and Powerpoint, (viii) always give your boss credit, (ix) know when to cheer up your boss and (x) know when to stay out of the way.

A good analyst also networks, observes and thinks. You want to be genuine yet make it clear that you like your boss. Excessive posterior kissing is a negative. It’s always good to have a little hobby as well like following stocks, playing Liars Poker or following currencies. You can do this when things get quiet in August.