Investment banking is related to the creation of capital for other governments, companies and other establishments. It forms a specific arm of banking. Investment banking helps to underwrite new debt and equity securities for all types of corporations, aid in the sale of securities, and help to facilitate mergers and acquisitions, reorganizations and broker trades for both institutions and private investors. Investment banks assist in large, complicated financial transactions. To become an investment banker you need to go through some courses that prepare you to become a successful investment banker. A certification from a good school can add feathers to your resume. The best Ibanking target schools form the ivy league for Ibanking.
For an upward moving career in the field of finance, the correct school makes all the difference. The majority of recruiting that happens for Wall Street banks occurs at what is called “target schools.” These are institutions that the banks actively recruit students from. Listed below are the top 10 Ibanking target schools:
- London School of Economics
- Columbia University
- University of Pennsylvania
- New York University
- University College London
- Imperial College London
- University of Chicago
- University of Oxford
- University of California, Berkeley
- Carnegie Mellon University
- Yale University
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These top 10 Ibanking target schools are the Ivy League. They form a bulk of recruitment in the finance sector on Wall Street. Most investment banks have target schools and only the top students within the schools make it for top jobs in these banks. A high paying, client facing job in a top-notch investment bank is what every student dreams of. Investment banks create a strong presence at the chosen target schools through different methods like sponsoring societies, regularly attending careers fairs and hosting events such as presentations and workshops. The investment banks target these Ibanking target schools as they offer reputable courses and produce prospective recruits with strong academic credentials.