Where investment banking is one of the most challenging and rewarding professions in finance, with stakes high, hours long, and deals complex, the good news is that its rewards in terms of career advancement, financial reward, and recognition from peers are substantial. The book explores some of the stories of very successful investment bankers and analyzes the strategies, mindsets, and key decisions that catapulted them to the top of their profession. There are lessons and insights of the stories developed for investment bankers who are building their career.
1. A Foundation in Finance by Education and Internships Even most investment banking success stories still built a good foundation in finance through the best business school or degree in finance, economics, or business. For example, Sarah Mitchell, Managing Director at the largest firm, started with the Harvard Business School degree. According to her, getting the technical skill for dealing with complicated financial models and presentations to clients was through education and early internships and thus prepared her for investment banking.
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