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Investment Banker

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Investment bankers, also called corporate financiers, provide financial services mainly for companies. They help their clients to finance their business activities and get the most out of their investments. Clients include: insurance companies, unit trusts, pension fund managers, government departments and wealthy individuals.

The Work

You could be:

Pay

The figures below are only a guide. Actual pay rates may vary, depending on:

Salaries for investment bankers at graduate entry tend to be around £30,000 to £40,000 a year plus an annual bonus. With a few years experience, this can rise to £70,000. As an experienced senior investment banker you can earn more than £150,000 a year.

Basic salary is usually increased by bonuses based on performance. These bonuses can add 50% up to 100% to your annual salary.

Salaries in London will be higher than in other financial centres, such as Edinburgh.

Conditions

Workforce Employment Status

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Useful Subjects

Getting In

Entry into this work is very competitive. You would work for an investment bank, or for a large high street bank with an investment banking division. Most jobs are in London but there are a few in other financial centres such as Edinburgh.

Workforce Education Levels (UK)

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Job Outlook Scotland

Employment

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Job Outlook Scotland and UK

  Scotland
2024
27805
1.9 %
RISE
2029
28343
  United Kingdom
2024
448446
3.9 %
RISE
2029
465955

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What Does it Take?

You need to have:

You need to be:

Training

Getting On

More Information

You may find it useful to look at the career websites of investment banks. In the UK these include: Barclays, Morgan StanleyJP Morgan and Citigroup.

Video

Courtesy of The Gateway

Contacts

The following organisations may be able to provide further information.

Association of Chartered Certified Accountants (ACCA)
Tel: 0141 582 2000
Website: http://www.accaglobal.com/
Website (2): https://alljobs.accaglobal.com/
Twitter: @ACCANews
Facebook: https://www.facebook.com/ACCA.Official

Financial Conduct Authority (FCA)
Tel: 0800 111 6768
Website: http://www.fca.org.uk
Twitter: @TheFCA

The FCA is the regulatory authority for the financial services industry in the UK. Their aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers.

Scottish Investment Operations (SIO)
Tel: 0131 374 5017
E-mail: contact@sio.org.uk
Website: http://www.sio.org.uk
Twitter: @ScotInvOps

SIO is a professional body working on behalf of Scotland's investment industry. They have information on their website about the investment industry.

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