Competition for investment banking associate jobs will be very strong during the next decade. Although the number of jobs has declined in recent years, there will always be a need for associates because it is difficult to automate or offshore these positions. “There’s no getting around the reality that investment banking, especially when advising on corporate deals or working on public offerings of debt or equity, is a labor-intensive business that resists automation,” according to an article about the industry in the New York Times. “Each deal is different, even if some of the characteristics of a particular industry or aspects of a negotiation appear to be the same.” Associates with advanced degrees from Ivy League colleges, industry certification, and specialized knowledge of a particular industry or product group will have the best job prospects.
- Accountants
- Auditors
- Chief Executive Officers
- Chief Financial Officers
- Commodities Brokers
- Compliance Managers
- Financial Analysts
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Quantitative Analysts
- Financial Services Brokers
- Hedge Fund Investor Relations Specialists
- Hedge Fund Relationship Managers
- Investment Bankers
- Investment Banking Analysts
- Investment Banking Sales Brokers
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Mergers and Acquisitions Attorneys
- Mutual Fund Wholesalers
- Private Bankers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
- Wealth Management Associates
- Wealth Management Investor Relations Specialists