Why is there so much money in investment banking?

The reason investment bankers make so much money is because they always have. As long as investment banks remain gatekeepers to the market for companies (and capital markets), they will be able to extract high fees, and use those high fees to pay high salaries and bonuses.

Why do investment bankers burn out?

They are competing with tech for talent and it is rare for someone to spend an entire career at one company. During the pandemic, the investment banking business has been busy, which has contributed to burnout. Some banks have responded with extra perks. A handful of firms even upped their pay.

Is investment banking very hard?

Investment bankers can work 100 hours a week performing research, financial modeling & building presentations. Although it features some of the most coveted and financially rewarding positions in the banking industry, investment banking is also one of the most challenging and difficult career paths, Guide to IB.

Why is it so hard to answer “why investment banking?

The reason “Why investment banking?” or “Why do you want to work in investment banking?” are such difficult questions to answer is because they are quite general, which often results in generic answers. People looking to get a job in investment banking are highly likely to repeat the same sorts of things in response to this question.

Is investment banking the most stressful field?

In such high-pressure situations where there are multiple competing deadlines, the ability to not just cope, but thrive under pressure, is extremely important. If you wilt and wither in such situations, you may need to consider a less stressful field than investment banking.

What is it like to work in investment banking?

Investment banking is a high-profile, high-pressure environment where you will rapidly learn new skills alongside juggling a large workload and long hours. The experience you’ll gain in the financial industry is second-to-none, making investment banking an exciting choice if you have strong mathematical, analytical and financial skills.

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.