Mystery Career Field Functions, Titles and Positions Security Sales and Trading Corporate Finance Broker/ Trader Research Analyst Raise capital for companies Sell securities/ raise cash Provide investment advice

Investment Banking  IB- business of raising capital for companies  Sales of securities (D&E) to investors to raise cash  Advise companies on financing and merger alternatives  Career Path  Analyst (2-3yrs)  Associate (3-3.5yrs)  VP (account manager)  Director  Managing Director  Typically after IB, people explore Private Equity, HF, or VC

Positions  Corporate Finance  M&A- bankers assist in negotiating/structuring mergers between companies  Raising capital through sales of E (stocks) or D (bonds/loans)  Sales  Retail brokers- individual investors  Institutional salesperson- large institutional investors  Private client service rep- management for extremely wealthy individuals  Trading  Facilitate buying & selling of stocks, bonds, and other securities  Provide liquidity to firm’s clients  Research  Analysts follow stocks and bonds  Make recommendations to outside investors: buy, sell, or hold securities

Skills & Responsibilities  Interpersonal  Analytical and quantitative abilities  Initiative  Communication  Securing/ managing cash  Following market conditions  New business opportunities  Financial modeling

LinkedIn Wake Alumni  Associate at Houlihan Lokey  Investment Banking Analyst at Fennesbresque & Co.  Analyst at Evercore  Investment Banking & Capital Markets Analyst at Middle Market  Associate at Bank of America Merrill Lynch  Investment Banking Analyst at Citi

Resources  O*NET Online  Vault- Investment Banking Guidelines    WFU OPCD- Explore Careers

Interesting  When you sign a contract for an offer as an IB Analyst, you agree to leave the firm after two years unless promoted to Associate due to high performance