As with most financial careers, it is easier to get into investment banking if you build a foundation of financial expertise in your formal education and early work experience. Typical investment banker resumes will include previous financial advising, financial management, trading, or general business consulting experience. Investment banks typically look for undergraduate and graduate degrees that align with business administration, finance, commerce, economics, or an analytical field like statistics. It is not impossible for individuals with other backgrounds to make the transition into a career in investment banking, but the ability to prove both quantitative acumen and persuasive communication skills is essential.
The amount of time it takes to become an investment banker may vary by institution and role responsibilities. In general, the U.S. Bureau of Labor Statistics notes that Financial Management professionals, including investment bankers, typically enter the field with a bachelor’s undergraduate degree and at least five years of experience in a related field.