Investment banking is one of the demanding careers today. To become a successful investment banker, requires hard work and solid knowledge of finance. However, all the hard work of investment banker pays off in hefty pay checks and luxuriant perks! This is just the tip of the iceberg when it comes to the benefits investment bankers enjoy. To give you an overview of benefits enjoyed by investment bankers, here are just a few --

1. Handsome Salary

Investment bankers take away best salary among all finance professionals. Their strenuous work hours and the impact of their performance on their company’s bottom line makes all the difference. The better they perform, the more will be their company’s revenue. Hence, investment banks tend to offer exorbitant salaries to investment bankers.

In the U.S., the salary of an entry-level investment banker goes up to $100000. This is more than the average salary of other roles in finance.

The growth in the salary of investment banking professionals is unprecedented. Unlike other professions, an investment banker can expect up to 100 percent hike in their salary, while switching jobs. Looking at this prospect, many professionals from finance backgrounds are taking investment banking certifications to enter this field.

2. Paid vacations

Investment banks allow paid vacations to their bankers. On closing good deals, sometimes, investment banks offer sponsored international vacation trips.

Investment banker put in long hours at work—meeting clients, researching investment opportunities, documenting research, and lot more. At times, this gets too much. Companies allow investment bankers to unplug completely and keep themselves off from work and just be themselves.

3. Extensive Skillset

Investment banker possess a versatile set of skills in finance, which is applicable to various fields in banking, finance services, and insurance.

As an experienced investment banking professional, you can find opportunities in consulting as well as corporate finance. The U.S. Bureau of labor statistics reports 10 percent increase in jobs across financial roles.

4. Work with business leaders

Investment bankers work with HNIs (High Net Worth Individuals) and business owners, who are smart decision makers. Working with them helps learn new things every day.

Not just industry knowledge, investment bankers get an opportunity to learn from them professionally as well as personally, if a good repo is built with them. These can act as good mentors.

5. Luxuriant lifestyle

Investment bankers enjoy a glamourous lifestyle. Stays in five star hotels, commute in world class cars, business class flight tickets, meetings and conferences at fancy hotels, and food from Michelin star chefs are a few perks that they enjoy.

In summary, jobs in investment banking might be a tough nut to crack, given the intense amount of skills required in this job. However, after tough days at work, good salary and comforting lifestyle compensate for it. Moreover, unending opportunities make investment banking an even more considerable field of lucrative life-long career. Most investment banking veterans start their own consulting business making themselves indispensable for others.