<p>What exactly does an I-Banker do? How does one go about becoming an I-Banker? How's the money?</p>
<p>The search button and Google are your friends.</p>
<p>Alright chief i used it. Thanks for all the help.</p>
<p>Seriously, it would take WAY too much time to answer those questions. They are way too broad, but there is tons of information on the web.</p>
<p>Use the search function in the forum. </p>
<p>Or visit this website: <a href="http://www.careers-in-finance.com/ib.htm%5B/url%5D">http://www.careers-in-finance.com/ib.htm</a></p>
<p>A FAQ type thread needs to be made.</p>
<p>Simply put, investment bankers are "corporate" bankers - i.e. when you (or any individual) needs a bank, you go across the street and open up an account or get a mortgage, credit, etc.</p>
<p>When Corporations (or in some instances Governments, Banks and at rare times very wealthy individuals) need financing or advisory their first call is generally to an investment bank.</p>
<p>I'm not going to get into a very long dissertation on this subject but to break it down to the most simplistic level along functional lines, the work of an investment bank breaks down into three components:</p>
<p>1) Capital Markets (Raising Capital)
2) M&A (Advisory)
3) Industry Specialists</p>
<p>1) Raising Capital takes many forms - i.e. Debt vs. Equity. Private vs. Public. The instrument that usually gets the most press is an Initial Public Offering (IPO) of a hot new company. </p>
<p>Within the Capital Markets there are also a myriad of different functions: Capital Markets Groups (ECM, DCM), Sales / Sales Traders, Research. Even within Sales / Research side there are a number of instruments and products (high yield, equity, debt, convertible, distressed, derivatives, asset-backed securities, etc.)</p>
<p>2) Advisory. This is when a company requires advice in connection with an acquisition, a sale of a business unit or company, defending a hostile takeover, etc. There are of course a number of different scenarios within the advisory world (cross-border, leveraged buyouts, management buyouts, public tender offers, hostile takeovers, etc.)</p>
<p>3) These are bankers that focus on a specific industry and act as the "coverage" bankers which act as the "first point of contact" with clients and work in conjuction with the previous two groups in a collective effort to win business vs. other vcompeting i-banks in winning engagements / assignments in either 1) capital raising and / or 2) advisory activity. </p>
<p>Generally speaking the major industries which are covered are: Financial Institutions, Technology / Media / Telecom (sometimes grouped together as TMT), Energy, Industrials, Transportation, Consumer (to name a few).</p>
<p>If you have any specific questions, you can send me a message and I'll do my best to answer them.</p>
<p>Is an Investment bank set up like a law firm with Partners and everyone else? Or is it set up with a corporate latter made up of Chief Executives, VPs, Directors, etc.?</p>
<p>would this be a I banking company? they find public investments for public companies</p>
<p><a href="http://www.shemano.com/%5B/url%5D">www.shemano.com/</a></p>