Why would anyone do investment banking? (2024)

Why would anyone do investment banking?

An example answer to the “Why Investment Banking?” question

Why should we hire you investment banking?

It's essential for you to show the interviewer that you're looking to help their organization while also advancing your own career. The primary duties of an investment banker are to make money for the company, so it's important to demonstrate how you can do this for them.

Why do people want to do banking?

Many people pursue a career in banking because of the perks these roles can offer. Common perks include high salaries, good benefits and excellent working conditions. Even if these are your main motivation for working in banking, focus most of your answer on personal goals or interests related to banking.

How do you answer the question why Morgan Stanley?

Why Morgan Stanley? “I want to work for Morgan Stanley because your history is impressive and your track record of success means I will get to work alongside talented people who I can learn from and collaborate with on exciting tasks and projects. I want to work at Morgan Stanley because you clearly value diversity.

What makes investment banks unique?

Investment banks are best known for their work as intermediaries between a corporation and the financial markets. That is, they help corporations issue shares of stock in an IPO or an additional stock offering. They also arrange debt financing for corporations by finding large-scale investors for corporate bonds.

Why do you want to work in finance investments?

I'm drawn to finance because it provides a comprehensive understanding of an organization's financial health, risk management, and investment decisions. By pursuing a career in finance, I can strengthen my ability to analyze financial data, provide strategic insights, and guide organizations towards sustainable growth.

How to answer why do you want to join the banking sector in an interview?

Question 1: Why do you want to work in the banking industry in India? Answer: When answering the for this banking interview question, it is important to emphasize your passion for finance and economics, as well as your interest in the growth and potential of the Indian banking sector.

Why is banking your passion?

It offers a fast-paced, continuously challenging career

The global balance of business, finance and economics shifts every day which is what makes it so fast-paced, varied and keeps everyone on their toes.

What do investment bankers do?

Essentially, investment bankers are financial advisors to corporations and, in some cases, to governments. They help their clients raise money. That may mean issuing stock, floating a bond, negotiating the acquisition of a rival company, or arranging the sale of the company itself.

Why should you be hired to work at this bank?

Example: “I feel that a career in the financial industry would be the most beneficial use of my knowledge and skills in accounting and problem-solving. I have always been fascinated by the financial world, am ambitious and hard-working and can bring great value to your company.”

Why would someone want to work for Morgan Stanley?

Our employees represent a wealth of different backgrounds and bring their unique perspectives, ideas and experiences to whatever role they take on, helping cultivate a workplace that is resilient, results-driven and effective. And we look to promote diversity in other ways, too.

Why did you choose JP Morgan?

because it is a leading global financial services firm with a strong presence in the United States. As a global firm, JPMorgan Chase & Co. offers a variety of opportunities for professional development and career advancement.

Why am I interested in wealth management?

The high demand for skilled professionals, lucrative earning potential, intellectual challenge, opportunity to build meaningful relationships, and the chance for professional development and industry recognition make wealth management an attractive career choice for aspiring finance professionals.

How are investment banks different from other banks?

The difference between commercial banking vs. investment banking is that investment banks typically raise money by selling securities (like stocks and bonds). On the other hand, commercial banks use consumer deposits to fund loans and mortgages, and the interest on those loans becomes profit for the bank.

Why work for JP Morgan investment banking?

Global experts in Investment Banking

Investment Banking offers an experience like no other. Working with a team of experts in the Corporate & Investment Bank, you will gain insight into industries and markets, and learn how to advise clients and execute transactions with precision.

Who would use an investment bank?

They bring together those who need money to invest (e.g., corporations that build factories and buy equipment) with those who have money to invest (e.g., institutions that manage money for pension plans), and they make the markets that allocate capital and regulate price in these financial transactions (i.e., who gets ...

Why are you interested in accounting and finance?

Here's a concise, impactful sample answer: “I became interested in accounting during a business class in college, where I was fascinated by the way financial data could be used to make informed decisions and drive the success of a business.”

Why are you interested in financial analysis?

Example: "I want to be a financial analyst because I am a detail-oriented person with a curious mind. In addition, I enjoy helping others, and I want to pursue a career where I can combine my analytical habits with my desire to assist and serve people."

What motivates you to join?

This is also a great way to answer the question if you're applying for a job internally with the same company. For example: I'm motivated by the opportunity to learn new things and take on new challenges. In my current position, I've been able to take on more responsibility and learn new skills.

Where do you see yourself in 5 years in banking sector?

After 5 years I would be a trained banker, an asset to the Bank. Most probably a Branch Manager; my seniors would be able to rely on my learnings around our products, processes, and customer relationship skills.

Why do you want this job?

Sample Answer 1: Passion and Alignment

"I am genuinely excited about this job because it aligns perfectly with my career aspirations and personal interests. I have a strong foundation in [relevant field], and this role at [company name] presents an exciting opportunity to apply and further enhance my skills.

How can I introduce myself in bank interview?

Hello, My name is [Name], and I am thrilled to be here today for this interview. As a recent graduate in finance, I am excited to apply my knowledge and skills to this position. During my studies, I gained hands-on experience in financial analysis, risk management, and investment strategies.

How can I be a good banker?

One of the most effective tools of a good banker is their ability to build trust with the client. Good communication skills, approachability and empathy, the ability to customise the service to suit each client, accessibility and availability are some factors that help to strengthen client trust.

What does a banker do on a daily basis?

Banker Responsibilities:

Processing deposits, payments, and withdrawals. Authorizing and evaluating overdrafts and loans. Handling other transactions, such as writing cashier checks or money orders, when necessary. Recommending and explaining banking services and products to clients based on their needs.

Why is investment banking so hard?

It's very common to work 75+ hours per week in investment banking because of the culture and job expectations. If you're in a top-performing group at a top investment bank, you'll constantly be on live deals that require lots of weekend work and late nights.

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