Is being an investment banker ethical?

Investment bankers typically have compulsory annual training in legal and regulatory compliance, but not in ethics; and although every major investment bank has a Code of Ethics, which sets requirements for ethi- cal behaviour, these are of limited scope and have proved to be of little practical use.

Are bankers unethical?

Australians have ranked banking and finance as the worst ethically performing sector, with fund managers being rated among the 10 least principled occupations. Banking and finance had the lowest ethical rating (as voted by 31 per cent of respondents) and the highest unethical rating (49 per cent.)

What type of person is a banker?

Investment bankers tend to be predominantly enterprising individuals, which means that they are usually quite natural leaders who thrive at influencing and persuading others. They also tend to be conventional, meaning that they are usually detail-oriented and organized, and like working in a structured environment.

Is investment banking right for You?

Even with education, experience, and enthusiasm, investment banking might not be for you. Lack of work-life balance is one reason to avoid becoming an investment banker. Investment bankers must also be able to manage high-pressure situations.

What are the reasons to avoid becoming an investment banker?

Lack of work-life balance is one reason to avoid becoming an investment banker. Investment bankers must also be able to manage high-pressure situations. 1. You Strive for a Work-Life Balance

What is the life of an investment banker like?

Become awesome in Investment Banking with this Investment Banking Training. An Investment banker life is considered to have long working hours, working on weekends, a lot of hard work and little sleep. Let’s have a closer look at it.

Do investment bankers work 9-to-5?

In response, a few major banks officially cut the number of hours worked by junior bankers. Nevertheless, in a competitive culture where putting in extra-long hours is regarded as a badge of honor, a 9-to-5 routine is pretty much unheard of. If you strive for a work-life balance, investment banking is not the field for you.