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Investment-Banking

Welcome to a comprehensive web site on investment banking careers. Investment Banks help companies and governments issue securities, help investors purchase securities, manage financial assets, trade securities and provide financial advice. The top investment banks including Goldman SachsJP Morgan and Morgan Stanleyare said to be in the bulge bracket.
Other investment banks are regionally oriented or situated in the middle market (e.g. Piper Jaffray). Others are small, specialized firms called boutiques which might be oriented toward an industry vertical, bond-trading, M&A advisory, technical analysis or program trading. Firms have lots of different areas and groups within them. In most firms, there is sales and trading which works with owners of securities, investment banking which works with issuers of securities (firms and governments) and capital markets which goes in between the other two.
Further Information on Investment Banking
Best Resources

Investment Banking Explained: An Insider's Guide to the Industry
Provides a complete overview of investment banking in its modern form; defines key terms and discusses the functions of investment banks.
Monkey Business: Swinging through the Wall Street Jungle.
By John Rolfe and Peter Troob.
Many a starry-eyed megalomaniac has followed the siren song of Wall Street. Money, prestige, and power await them as they waltz off into the promised land...or so they think. The promised land, it turns out, is always one more twenty-hour workday ... Monkey Business is the hilarious confession of two young investment bankers.
An Introduction to Investment Banks, Hedge Funds, and Private Equity: The New Paradigm.
By David Stowell.
Provides a very good introduction to the role of investment banks and how they interact with hedge funds and private equity firms. This book provides a very readable introduction to how the financial system is working now and is a great backgrounder for anything contemplating banking as a career.
Too Big to Fail.
By Andrew Ross Sorkin.
One of the best books ever written about the investment banking industry. Tells the story of the rescue of the banks in the depths of the financial crisis.
Investment Banking Interview Study Guide.
By Sean Miller.
This is a timeless guide to help you in prepping for finance interviews, particularly for Investment Banks and Private Equity funds.
The Best Book on Getting An IBanking Internship: Written By A Former Banking Intern At UBS, JPMorgan, and FT Partners.
By Erin Parker.
Internship expert, Erin, has fought for her spot at top bulge bracket banks and boutique firms. She knows how stressful it can be to face case study questions at interviews, and she wants to help you stand out from the thousands of other applicants to earn your position at JP Morgan. Erin guides you step-by-step from interview preparation to conquering the 90-hour work week. Erin's tips will give you an unfair advantage over your toughest competitors as you network at info sessions, nail your interview questions, and rise to the top of your internship class.
Investment Banking Career Links
Blogs
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Investment Banking Videos



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