How Do You Decide What Field To Choose In The World Of Finance?

By Author: Avendusgroup
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When you choose a career for yourself, there are many things that go into consideration. First of all, it is very important that you are interested in the career that you are choosing. Without you liking what you learn, you cannot become a professional in that field and even if you do, it is very difficult to ace it. therefore, it is important that you make sure that you are truly interested in the field that you are choosing. For finance graduates, the world provides endless opportunities. They could get into investment banking, asset management, hardcore wealth management, share market and so much more. They can become traders as well. Other opportunities or options include going for chartered accountancy, CMA or CFA and also CPA. As mentioned earlier, the world is their canvas and the numbers of opportunities are endless.
So, what should a person going for investment banking as their career path keep in mind? First of all, it is necessary to understand what the pre-requisites are and what the industry expects and demands out of the individual or the professional candidate. Investment banking is a specific segment of ...
... the world of finance that aids individuals and organizations or big businesses to raise finances and capitals so as to provide financial advice to them, to guide them and their business in the right direction.
The investment banker acts as a financial advisory to the investors and to the security issuers as well that helps the newer firms in going public. The investment bankers do one of the two things. They either buy on behalf of their investors at an estimated price and then resell to the public or they do the other way around, there they sell shares first on behalf of the issuer and then take commission from the sale of each share.
Investment banking is also one of the most complex and tedious financial branches in the world of finance. They serve many different purposes and entities. They don’t just provide financial advice and help the businesses raise capital, but they also help in giving different kinds of financial services such as trading of securities, trading or proprietary, handling and being the middle people in a merger and acquisition that also help improve businesses going through the M&A. Investment banks also play a major role in improving and restructuring companies and help them become more efficient with time, help maximize profits and also issue new IPOs. They also help their clients understanding some newer concepts such as ESG funds in India and their effects on the business industry throughout the country.
There is also a very important point that one should not forget. Just like investment banking, there is also other branches such asset management and wealth management. If you are someone who wants to work in the best wealth or asset management firms in the country, then you must remember that that too requires equal amount of dedication, patience and efforts in order to climb up the ladder of success.