A college education is seen as an important qualifier for those interested in an investment banking career. Employers also desire a banker who keeps current with the latest market trends. The larger majority of investment bankers have a bachelor’s degree in a financial field, such as business or economics, but many employers are willing to hire people with degrees in other fields if they have the right experience. There are several licenses necessary in investment banking and finance, depending on the service being sold. Many experienced workers acquire several in order to diversify the kind of the work they are able to do.
While education level is certainly a key consideration, most employers are more interested in a potential investment banker’s talents and skills. Specifically, employers highly value an investment banker who can communicate well with clients, work long hours, and take and give directions. Mathematical aptitude is a major plus in this industry. Investment bankers are trusted with extremely large sums of money, and they therefore may undergo a great deal of scrutiny during the hiring process. This may include a credit check and a check on criminal history. In order to succeed in the career, bankers must have a great deal of confidence in their abilities and be able to brush off rejection easily.