Careers in Investment banking vs. Stock brooking

Table of Contents

INTRODUCTION3

DISCUSSION4

Investment Banker4

Stockbroker6

CAREERS IN INVESTMENT BANKING VS. STOCK BROOKING7

Salary Expectations8

Educational Requirements8

Hours on the Job9

Mobility9

Environment Type9

Benefits10

Vacation Time10

CONCLUSION & RECOMMENDATION10

References12

Careers in Investment banking vs. Stock brooking

INTRODUCTION

This is a detailed report on two prospective career paths for Mr. Michnel Nnadi and a recommendation based on his answers to our survey questions.

Mr. Michael Nnadi is about to graduate from Vanderbilt University with a BS in business administration, and he is interested in pursuing a career in either investment banking or stock broking. He has specific things that are of importance to him and he wants to have a clear understanding of where each career path will lead him and which career path will best meet his financial and professional goals.

Investment banking and stock broking are similar but distinct fields in the financial industry. They are both very competitive fields that command higher than average levels of remuneration.

This report has detailed information on both fields based on Mr. Nnadi's salary expectations, educational level, expected hours on the job, mobility, environment preference, benefits and vacation time required. Our information on the above mentioned criteria's are obtained from credible business information sources such as cnhc.com, bloomberge.com and www.bls.gov

The purpose of this study is to expand the boundaries of our knowledge by exploring some relevant information relating to the analysis of two prospective career paths for Mr. Michael Nnadi (either investment banker or stock broker). First, we will discuss some important general features of both investment banker and stock broker. Afterwards, we will conduct a comparative analysis of both career paths in the light of above mentioned job factors. Finally, we will conclude our report by presenting recommendations to Mr. Michael Nnadi regarding the selection of career path.

Our recommendations which comes at the end of the report has weighed the pros and cons of each career path based on Mr. Nnadi's education, expectations and needs. We are confident that Mr. Nnadi will find our recommendation to be the best career fit for him.

DISCUSSION

Investment Banker

The business activities of investment banker in the wider sense consists mainly of the asset management of their customers, trade in securities as well as assisting companies in capital raising (about IPOs ). Investment banker supports trading in financial markets through so-called business investment. Investment banks emerged in the US- tier banking system as a counterpart to the commercial banks (commercial banks); the recording was permitted by customer deposits, but was subject to a more stringent supervision. In states with a universal banking system, there is usually no separate status for the investment banking business (John, 2004).

An investment bank encompasses the entire range of financial services designed for companies, public institutions and financial institutions. The activity of an investment banker is organized in two areas:

Corporate finance;

Banking business and investment, which in turn comprises six areas of activity

The investment banking business is generally based on services, legal, tax and financial management and financial operations of greater magnitude, such as mergers and acquisitions, which are characterized by high fixed ...