Career Focus: Work as an Investment Analyst in Banking

If you know already that the best way of becoming an Investment Analyst is by getting valuable work experience on your CV in the form of an undergraduate placement or summer internship, then look no further:

What does an Investment Analyst do?

The phrase work hard, play hard nicely sums up what your life as an investment analyst will be like.

In the day to day world of asset management and operations that offer financial support for clients, investment analysts have a hand in helping portfolio managers hammer together investment strategies.

This includes, as the name alludes to, analysing financial figures and researching businesses, markets and potential new investments, like hedge funds.

As well as spotting the best investments and gaps for growth, you also need to have the ability to mitigate risk and sidestep potentially flawed investments.

What makes investment analysis such a great career?

Another aspect of being an investment management and business analyst, aside from the nuts and bolts job of sifting through financial data, is that you also need to have your finger firmly on the pulse when it comes to keeping abreast of economic news and developments.

Working at the very heart of the financial world as an investment analyst clearly brings with it the chance to earn a superb salary from the start.

The latest ISE Graduate Recruitment Survey of its members, which include the largest investment banks in the UK, revealed that the average graduate starting salary in investment banking in 2016 was £45,000.

Senior analysts and experience portfolio managers can expect to earn more than £100,000.

Aside from the fact that you can earn top dollar, another reason why a career as an analyst is worthwhile is because you can work with high-profile individuals and clients, handing you a brilliant opportunity to form relationships with influential people.

How to become an Investment Analyst

Major banks and professional services companies, like Mercer, J.P. Morgan, Schroders and Towers Watson, run investment analyst schemes for graduates.

These organisations will be on the lookout for talented individuals who have gained at least a 2:1.

While degrees involving finance, accountancy and economics will be looked upon kindly, there are plenty of opportunities for graduates who studied other subjects too.

Once you’re involved in one of these organisations’ work experience or graduate training schemes, you’ll be provided with guidance and support to help you take your career further by sitting professional exams.

The benefits of banking work experience

If you become involved in placements, banking internships or insight schemes as an investment analyst, a lot of your time will be spent putting together important reports and presentations, working with asset managers on investment portfolios and helping superiors with company analysis.

Find out about gaining experience and internships in management and operations here.

These projects have a real, tangible impact on the company’s success and performance, so if you perform well and leave a lasting impression, investment analyst work experience could well be your route into a job following graduation from university.