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A Typical Day in the Life of an Investment Banker 2022/23

by Minoas Vitalis
Reading Time: 6 minutes

The day in the life of an investment banker

Investment banking is a high-pressure, fast-paced profession that can be demanding and lucrative. It’s also one of the most important careers in the world, as it helps to drive economic growth and stability.

An investment banker is responsible for raising capital for businesses and governments by underwriting and issuing securities. This involves working with clients to identify opportunities, negotiating terms, and managing the financial risks involved in the transaction.

The work of an investment banker is often exciting but also highly stressful. The hours are long and the pressure to succeed is intense. But with hard work and a bit of luck, investment bankers can make a very good living.

Here is a typical day in the life of an investment banker:

Morning:

The day begins early, with most investment bankers arriving at their offices by 7:00 or 8:00 a.m. The first order of business is to check email and voicemail messages from clients, colleagues, and superiors. This can take up a good chunk of time, as there is often a lot of information to process.

After that, it’s time to start working on deals. This may involve meetings with clients, negotiating terms, doing research, or running financial models. Investment bankers typically work on multiple deals at the same time, so there is always something to do.

Lunchtime:

If they’re lucky, investment bankers will have a chance to grab a quick lunch at their desk. But more often than not, they will have to eat on the go, as there are always meetings to attend or phone calls to make.

Afternoon:

The afternoon is usually spent working on more deals or attending client meetings. This can be a demanding part of the day, as investment bankers often have to travel to meet with clients. If they’re working on a big deal, they may have to put in some late nights or weekends.

Evening:

Most investment bankers finish up their workday between 6:00 and 8:00 p.m. But some days may run longer, depending on the demands of their job. After finishing up at the office, many investment bankers go out for drinks with colleagues or clients.

Night:

After a long day at work, most investment bankers are ready to relax and unwind. They may watch some television, read a book, or spend time with family and friends. But they always have to be ready for the next day, as the life of an investment banker is never dull.

 

12 reasons why I should work in investment banking

Do you want to work in investment banking? It’s a question that many people ask themselves, and for good reason. Investment banking is a field that offers great opportunities for those who are looking to make a lot of money and move up the corporate ladder quickly. But it’s also a field that is known for being extremely competitive and demanding. So what are some of the reasons why someone might want to work in investment banking? Here are twelve of them.

  1. The Money

This is probably the most obvious reason why someone would want to work in investment banking. Investment bankers are some of the highest-paid professionals in the world, and they have the potential to earn even more money through bonuses and commissions.

  1. The Hours

Investment bankers often work long hours, but they are typically compensated well for their time. And while the hours can be demanding, they also offer a lot of flexibility. Investment bankers often have the ability to set their own schedules and take advantage of opportunities to work from home or travel for business.

  1. The Prestige

Working in investment banking comes with a certain level of prestige. It’s a field that is respected by many people, and it can open doors to other opportunities in the future.

  1. The Challenge

Investment banking is a challenging field, and that’s one of the things that attracts many people to it. Investment bankers are constantly problem-solving and searching for new ways to do things. They’re also always learning, as the field is constantly changing.

  1. The Teams

Investment bankers typically work in teams, which can be both a positive and a negative. Working in a team provides support and camaraderie, but it can also be stressful at times. Investment bankers often have to rely on each other to get their work done, so it’s important to be able to work well with others.

  1. The Variety

Investment bankers typically have a lot of variety in their work. They may be working on different projects or deals each day, which can keep things interesting. And because the field is constantly changing, they often have to learn new things, which can also help to keep things fresh.

  1. The Travel

Investment bankers often have the opportunity to travel for work. This can be a great perk, as it allows them to see new places and experience different cultures. It can also be a good way to network and build relationships with people from all over the world.

  1. The Chance to Make a Difference

Investment bankers often have the opportunity to make a positive impact on the lives of others. They may be working on deals that can help to improve the economy or make a difference in people’s lives. And while not every deal will have a positive impact, it’s still rewarding to know that you’re making a difference.

  1. The Lifestyle

Working in investment banking can provide a lifestyle that many people dream of. Investment bankers often have access to luxury items and experiences that they wouldn’t otherwise have. And while this isn’t the reason why everyone wants to work in investment banking, it is a perk that comes with the job.

  1. The Connections

Investment bankers often have the opportunity to meet and connect with powerful and influential people. These connections can be helpful both professionally and personally. And while some people may see this as a negative, it’s actually a great opportunity to learn and grow.

  1. The Learning

Investment bankers are constantly learning. They have to stay up-to-date on new regulations, changes in the market, and new products and services. And because the field is always changing, they often have to learn new things, which can help them to be better at their jobs.

  1. The Opportunity to Advance

Investment bankers often have the opportunity to advance quickly in their careers. Because the field is so competitive, there are often openings for those who are willing to work hard and show their skills. And while not everyone will make it to the top, it is possible to move up quickly if you’re willing to put in the work.

Working in investment banking can be a very rewarding experience. It’s a challenging field that offers many opportunities for growth and advancement. And while it’s not the right fit for everyone, those who are drawn to it often find that it’s one of the most rewarding careers they’ve ever had.

What are the challenges?

Working in investment banking can be a very challenging experience. Here are seven of the most common challenges you will face.

  1. Long hours:

If you want to be successful in investment banking, be prepared to work long hours. Investment bankers often work more than 60 hours per week, and it is not unusual to work weekends as well.

  1. Stressful environment:

The investment banking environment can be very stressful. There is a lot of pressure to perform and meet deadlines. Investment bankers often work under tight deadlines and have to deal with last-minute changes.

  1. Difficult clients:

Investment bankers often deal with difficult clients. Some clients may be very demanding or difficult to please. Investment bankers must be able to deal with difficult clients in a professional manner.

  1. High-pressure sales:

Investment bankers are often under pressure to sell products or services. They may be required to make cold calls or meet strict quotas. Investment bankers must be able to handle high-pressure sales situations.

  1. Heavy workloads:

Investment bankers often have very heavy workloads. They may be required to work on several projects at the same time and juggle multiple deadlines. Investment bankers must be able to handle a heavy workload and stay organised.

  1. Constant change:

The investment banking industry is constantly changing. Investment bankers must be able to adapt to change and new situations. They need to be able to quickly learn new information and skills.

  1. Competition:

There is a lot of competition in investment banking. Investment bankers must be able to stand out from the crowd and be the best at what they do. They need to have a strong work ethic and be able to perform under pressure.

Despite all of these challenges, investment banking can be a highly rewarding career. Those who are able to overcome the challenges can make a lot of money and build a successful career.

Conclusion

It’s not all glamorous, but an investment banker’s life is certainly never dull. From the early morning starts to the late nights spent working on deals, these professionals are always on the go. But at the end of the day, they know that their hard work is helping to make people’s dreams come true. And that’s pretty rewarding.

 

Minoas graduated with a Merit upon studying the full-time MPA Public Administration – International Development degree (MPA-ID) at the University of York. He is currently working as a freelance EU affairs consultant in Belgium.
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