Top 100 Job : Associate - Investment Banking Summary Outlook
Long Term Growth Rate: 34%
34%
Key Points:
- "You've probably heard all about them. IPO, M&A, Sell-side, Buy-side, TARP, Government Bailout...Investment Banks help companies and governments issue securities, help investors purchase securities, manage financial assets, trade securities and provide financial advice. The top investment banks including Goldman Sachs, JP Morgan and Morgan Stanley are said to be in the bulge bracket.
Other investment banks are regionally oriented or situated in the middle market (e.g. Piper Jaffray). Others are small, specialized firms called boutiques which might be oriented toward an industry vertical, bond-trading, M&A advisory, technical analysis or program trading. Firms have lots of different areas and groups within them."
- Employment is expected to grow as a result of increasing investment in securities and commodities, along with a growing need for investment advice.
- The high earnings of successful securities sales agents and investment bankers will result in keen competition for these positions.
Source: Bureau of Labor Statistics, CNN, Wikipedia
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