Investment banking is one of the most significant aspects of banking that provides clients with financial advice, capital raising, managing the assets and risks associated, and underwriting the securities. It plays a mandatory role in the Global Financial System by acting as an intermediary between issuers of securities and investors, enabling the buying and selling of financial assets. It also renders the business institutes and government bodies with its Financial advisory mechanism and capital-raising. If you are looking for the best investment banking courses in Mumbai, this article is a perfect guide for you. Must read.
Types of Investment Banking
Investment banking is branched into three groups:
- Bulge Bracket Banks:
Bulge Bracket is one of the high-ranking investment banks in the Financial Industry. The bulge bracket was initially known as the placement of a bank’s name on the cover of a stock prospectus, which means that the bank was at the top level of the underwriters.
They offer financial services, including investment banking, corporate banking, asset management, wealth management services, and many more. The bank’s balance sheets and networks of clients include corporations, governments, institutional investors, and high-net-worth individuals.
Some of the bulge bracket banks are:
- JPMorgan Chase
- Morgan Stanley
- Bank of America Merrill Lynch
- Deutsche Bank.
- Credit Suisse
- UBS, etc
- Middle-Market Banks:
Middle-market banks are financial institutions that provide financial help to middle-market firms, having annual revenues between $10 million and $1 billion. These banks provide lending, underwriting, mergers and acquisitions advice, and capital markets services.
While bulge-bracket banks focus on large corporations and institutional investors, middle-market banks have a more small or specialized focus (up to a certain geographical limit). Their economic and local market reach is high and in-depth. Moreover, Middle-market banks have shorter balance sheets than bulge-bracket banks.
Some middle market firms include:
- William Blair & Co.
- RBC Capital Market
- Houlihan Lokey
- Harris William & Co.
- BMO Capital Market
- KeyBanc Capital Markets
- Stifel, etc
- Boutique Banks:
Boutique banks are Investment Banking company that serves small to mid-sized financial institutions offering specialized services to a specified group of clients and industries. Their reach is narrow but they have an excellent service base. Because of their small and specialized focus, boutique banks often offer more personalized services to their clients than other larger institutions.
Examples of boutique investment banks include:
- Moelis & Company
- Rothschild and Co.
- Miller Buckfire and Co.
- Morgan Keegan and Co.
- WR Hambrecht and Co.
- Montgomery and Co.
- European Partners
- Lincoln International, etc
Boutique Banks are further classified into Regional and Elite Boutique Banks:
Regional Boutique Banks:
It’s the one type of Boutique Bank that has the smallest coverage up to local companies of a particular geographical area. The bank offers a number of services to individuals, small to middle-market businesses, and companies.
People acquire some small and valuable benefits from regional banks including more personalized attention, faster decision-making, and a greater understanding of local market conditions. Even these banks offer more competitive rates and fees as compared to larger national banks.
However, regional banks may have limited resources as compared to larger banks, which could affect their ability to handle huge and complex transactions.
Elite Boutique Banks:
Elite banks are the investment banks which has fewer particularized activities. These are parallel to bulge boutique banks but have a shorter number of employees as compared to BB banks. Even they provide a smaller number of services to the customers because of their small size.
Investment bankers are professionals who work in the field of investment banking, which is a specialized area of finance that provides a range of financial services to corporations, governments, and institutional investors.
They play an important role as bankers help their clients regarding all financial matters, easing financial transactions, and the sale of securities to raise capital for the company.
It is also one of the banking systems which uses deposits of the customers to lend loans to other business houses. The main focus of commercial banks is the public and they mainly work to satisfy their public needs. They offer various services to individuals, institutes, companies, and businesses for their banking and monetary needs. This is done by providing loans, credit facilities, and savings accounts. There are three types of commercial banks:
- Public Sector Banks
- Private Sector Banks
- Foreign Banks
Commercial Banks Differ From Investment Banks
There are some factors that make commercial banks different from investment banks:
1. Difference in clients
Commercial banks are made to help their customers and all small-scale business houses and companies by providing loans and credits. On the other hand, investment banks are structured for all large corporations, government, and institutional investors. Investment banks have the strength to lend heavy loans to their customers.
2. Financial services:
Commercial banks help their customers and businesses houses by providing small credit provisions on a daily basis. On the contrary, big loans, underwriting debt and issuing securities, IPOs, mergers and acquisitions, and asset management, all these functions are carried out by investment banks.
3. Risk Profile:
Commercial banks tend to be more risk-averse and focus on providing safe and reliable financial products and services. On the other hand, investment banks are more willing to take on higher risks in order to achieve higher returns.
4. Regulatory environment:
Commercial banks have a tough regulatory framework as compared to investment banks, as they take money from the public and deposit it in banks on an everyday basis.
5. Revenue model:
Commercial banks generate their income potential essentially through interest received from loans and other traditional banking systems, while investment banks generate their monetary earning by charging fees for services such as underwriting and financial advisory services.
In contrast, commercial banking and investment banking are two distinct areas of finance with different client bases, financial products and services, risk profiles, regulatory environments, and revenue models.
Investment Banking Course
Investment Banking Course includes the study of Finance, Financial Modeling, Stock evaluation, Corporate financing, Private Equity, Asset management, and much more. This course is vital for those who want growth in the Banking or Finance Sector career. Without this course, the students will not be able to excel in the finance field.
Importance of Investment Banking Course
- It increases earning potential as the courses will provide extra knowledge and skills to people to shine bright.
- Will know all the unknown and useful concepts of Investment Banking
- People will be ranked in higher positions in the job with high pay.
Highly Recommended Investment Banking Courses in Mumbai
There are two modes available for the IB course:
- Online Course:
There are three Institutes that provide online classes to their students in Mumbai. The sessions are live and are recorded for the sake of the students, to recall them whenever they need to. Mentor Me Careers, BSE Institute and CFI Education are the few institutes that have started online courses in Mumbai.
Benefits of Online Course:
- Remote sessions are student-friendly as one can easily attend class while sitting in their home.
- Flexibility in performing a given task.
- Avoids commuting distractions. In offline mode, students make new friends and start conversing with them. Friends become their motive to go to the institute. But in online classes, they only focus on their own studies and won’t get diverted from their motive.
- Offline Course:
There is a single institute available in Mumbai that provide offline course to students regarding investment banking. An offline course is very different from an online course. Here, one has to be present at the specified location, and at the allotted time period. Imarticus is the only institute to start offline classes in Mumbai.
Benefits of the Offline Course:
- The students could easily understand the session as they were in front of their instructor, which minimized the difficulty in understanding the concept.
- No need to check the previous recording for any sort of queries as the doubts are cleared in the class itself and one can ask any number of times.
- It increases the learning potential of all the students.
- Mostly all the tasks are completed within the class only.
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Institutes for Investment Banking courses in Mumbai
1. IIM SKILLS
IIM SKILLS is an excellent platform for those who want to increase their knowledge base about Investment Banking. It was established in 2015 by Vaibhav Kakkar; the CEO and Founder of the program who has lifted this institute to such incredible heights.
They deliver live online and self-paced sessions which are easily available in Mumbai and in other 22 cities in India. The Investment Banking Course is not just a course but also provides a 1 Month Internship with 100% assurance for the job. A certificate of completion is given to the enrollers after completion.
Duration: It’s a 3-month course that includes 70+ hours of lectures.
The total charge is Rs 39,900 excluding 18% GST.
The amount can be paid in 7 installments for Rs 6726 per month.
2. Imarticus Learning
Imarticus Learning offers a comprehensive program called the Certified Investment Banking Operations Professional (CIBOP), which covers various aspects of investment banking. It covers one of the best investment banking courses in Mumbai.
They have a team of experienced faculty members who give high-quality education to their students. As well as practical training through case studies, real-world simulations, and hands-on projects are handed over to ensure a practical learning experience.
2-month program for everyday classes and 3 months for weekend classes.
3. IMS Proschool
Mr. Sanjay Chaudhary the founder and CEO of IMS Proschool has flourished the institute with professional certification programs in various fields. It is a part of IMS (Information Management System) Learning Resources Pvt. Ltd., which is a leading provider of management education and training in India.
This is the largest and most reputed institute that provides a variety of investment banking courses in Mumbai. They provide a valid certificate to all their students after completion of the tasks and all the classes.
The duration varies with the type of program
The classroom course is for Rs50,000.
EduPristine is one of the professional and high-ranking institutes that offers investment banking courses in Mumbai. The institute provides practical training in investment banking concepts. The syllabus covers all the necessary topics including financial modeling, valuation, mergers and acquisitions, capital markets, and much more. Offline and online classes are conducted in the center. After completion of the course, a certificate is provided to the enrollers.
The duration depends upon the specific program chosen. The time span is fixed from a few weeks to a couple of months.
Every course has a different fee structure.
5. Bombay Stock Exchange (BSE) Institute
Bombay Stock Exchange (BSE) is one of the top institutes, which has its controlling power in the hands of the Managing Director and CEO Mr. Shree Ambarish Datta. The organization produces the best investment banking courses in Mumbai. The institute is known for its best investment banking courses in Mumbai. Here are some of the courses available under them:
Post-Graduation Program in Global Financial Markets: This program covers almost every important topic including, investment banking, capital markets, risk management, financial modeling, and many more.
Diploma in Investment Banking and Capital Markets: In the diploma program, the main focus goes on core concepts and practices of investment banking and capital markets. The diploma ranges maximum of 1 year, covering every necessary area like IPOs, secondary offerings, debt financing, mergers and acquisitions, trading strategies, and much more.
Advanced Program in Investment Banking: This program is designed for professionals and experts who are seeking high-level knowledge and skills to become the best investment banker. It covers topics in with broader sense and with a professional point of view.
All three certified, diploma, and postgraduation programs have different time slots.
- Certificate programs: It’s a small course, which lasts for a couple of months. These short-term programs focus on providing training on specific and highly important terms of banking in investment.
- Diploma Programs: Most diploma courses take 6 months to 1 year to complete the whole course. These programs provide full-fledged knowledge and skills in investment banking and related areas.
- Postgraduate Programs: Postgraduate programs in investment banking or related fields can have a duration of 1-2 years. These programs are more in-depth and provide advanced education and specialized training.
The fee structure for their courses may vary depending on factors such as the specific program, duration, and level of study.
6. Mentor Me Careers
Allen Aravindan, the founder of Mentor Me Careers has been the best provider of investment banking courses in Mumbai. The company provides online classes to their students which helps them to easily excess all the essential aspects of the particular field.
The course timing is for 3 months.
The charges are around Rs30000.
7. CFI Education
CFI is an educational platform that was founded by Professor Walter Reid in 1988. It is one of the high-rated institutes for investment banking courses in Mumbai. They have initiated different types of necessary skills needed for an investment banking career. Like:
- Industry Analysis
- Interview Skills
- Resume Making
- Fundraising, etc.
The time slot depends upon the type and mode of course chosen by the student.
The course fee is Rs 35000 for live online classes and 25000 for self-studies(videos).
8. The Wall Street School
Manoj Goel is the Co-Founder and Director of the top-ranking institute i.e. The Wall Street School. The company provides an online platform for enrollers to have practical training to make them ready for an excellent job. It was established in 2009.
The time slot depends upon the type of course taken. Investment Banking used to be for 2 to 3 months.
The charges for the fee are mentioned on the site of the business institute.
9. Certificate in Investment Banking Operations Course (CIBO)
Certificate in Investment Banking Operations Course (CIBO) is an Online course run by Mentor Me Careers Institute, Headquarters in Hyderabad. CIBO course includes the capital market operations division within an investment bank.
This course will give a deep knowledge of Operational risks, Trade Life Cycle, finance-related products, and services in just 200 hrs. completed within 8 weeks.
Payment depends upon some criteria mentioned:
- Pre-recorded videos
- Forum Support
- 1 Year Content Access
- Course Certification
- Fee-Rs 4,999(+GST)
- Personal Mentorship*
- Lifelong Content Access*
- Course Certification
- Community Access
- Fee-Rs 9,999(+GST)
- Live Online Classes*
- Personal Mentorship*
- Lifetime Content Access
- Course Certification
- Fee-Rs 14,999(+GST)
- Live Online Classes*
- Placement Assistance
- Lifetime Content Access
- Course Certification
- Fee- Rs 24,999(+GST)
Mentor ME Careers promises guaranteed interviews from reputed companies like SS&C, JP Morgan Chase, Morning Star, and BNP Paribas. Placements start around 4 weeks after the start of the course.
- Investment Banking Courses in India
- Investment Banking Courses in Hyderabad
- Investment Banking Courses in Pune
- Investment Banking Courses in Bangalore
10. Certificate in Investment Banking and Research (CIBR)
Certificate in Investment Banking and Research (CIBR) is a very useful course initiated by CFI Education in Mumbai. This program benefits the students to acquire all the needed skills for acquiring jobs in the banking Sector. A total of 22 classes are taken which includes tests and Mock Interviews. Online Live Sessions are held.
INR 45,000(Excluding Taxes)
Skills provided by (CIBR)
The course will help the students acquire and learn about Industry Analysis, Interview Skills, Resume Building, Financial Modeling, Valuation, Fund Raising, and many more things in the Financial Sector.
11. Certificate Program in Investment Banking Operations (CPIBO)
Certificate Program in Investment Banking Operation (CPIBO) is an online course program run by BSE Institute, Mumbai. This training institute originated from the Bombay Stock Exchange, to make students learn all the concepts of finance to get a desired job in the Banking or Finance sector.
CPIBO is a 7-monthly online Session.
The class focuses on three different concepts of investment banking operations, which are:
- Financial markets
- Investment Banking
- Risk management
INR 87,150/- is the total money
12. Certificate in Investment Banking Operations Professional (CIBOP)
The Certificate in Investment Banking Operations Professional (CIBOP) Course is an initiative taken by Imarticus (one of the financial institutes developed in Mumbai), which provides offline batches.
It’s a total 3 months course where the candidates acquire knowledge of all the operational work. Proper sessions for the financial market, trade lifecycle, and risk management are taken. After completing the syllabus, the institute prepares the students for cracking the interview.
The charge for the course is around INR 1,30,000/-
Degree in Investment Banking
There is no specific degree in investment banking, but a degree in finance, economics, or business is preferred by employers in the field of investment banking.
Some of the common degree programs pursued by investment bankers include:
- Bachelor’s Degree: A Bachelor’s degree in finance, economics, accounting, or business is typically the minimum requirement for entry-level investment banking roles.
- Master’s Degree: A Master’s degree in finance, economics, or business can provide a strong advantage for job seekers, in advancing their careers.
Investment Banking as a Good Course for Career
There are a few reasons that ensure IB is an amazing course for a student’s career:
- Earning capacity: Nowadays, investment bankers earn the highest amount in the financial industry which comprises salary, bonuses, and other incentives.
- Career: Investment banking helps in raising career potential for moving up to higher-level roles and management positions in the financial market.
- Financial Transactions: Investment bankers work on a variety of sophisticated and complex transactions, such as mergers and acquisitions, initial public offerings (IPOs), debt and equity offerings, and other types of corporate finance, which creates exposure to challenging and intellectually stimulating work. These activities are complicated enough which needs those workers who know about investment banking to some extent.
- Worldwide Opportunities: Investment banking is a global banking system with numerous chances for professionals to work and travel internationally, which opens a space for globally interacting with different cultures, financial markets, and businesses.
Difference Between an Investment Banking Course and a Degree in Investment Banking
|Basis||Investment Banking Course
|Degree in Investment Banking|
|Scope:||Its main focus is on specific topics like financial modeling, valuation, or M&A.
|A degree in investment banking is a vast coverage of topics related to financial theory, accounting, economics, and much more.|
|Education||Investment banking courses are short-term and provide specialized knowledge and skills.||A degree in investment banking is a lengthy process that typically requires several years of study, depending on the level of degree pursued.
|Taking a course in this field is helpful in securing a career in the financial industry but has less scope as compared to a degree.
|A degree in investment banking is a time-consuming task and is viewed as a well-rounded qualification that opens up more prospects for career advancement.
Q: Why is investment banking important nowadays?
A: It is a vital banking segment that assists individuals with a number of functions such as underwriting, issuing securities, mergers, and acquisitions, and more. Almost every big business, corporate house, and government takes financial services from investment banks.
Q: What is the main focus area of investment bankers?
A: Investment bankers are the experts who provide strategic and financial solutions to their subscribers, to raise capital or execute complex financial transactions. They work under specific places like developing financial models, negotiating deals, and managing relationships with clients and other stakeholders.
Q: Why should I take investment banking courses in Mumbai?
A: Investment banking courses in Mumbai are top and prominent which provide an understanding of the financial markets, corporate finance, and investment strategies. Even they help people acquire the necessary skills and knowledge to work in the investment banking sector or related fields. Several top online and offline institutes and centers have been opened that provide high-quality courses.
Q: Are investment banking courses in Mumbai famous for their education?
A: Investment banking courses in Mumbai typically cover topics such as financial statement analysis, valuation techniques, corporate finance, financial modeling, mergers and acquisitions, and capital raising. They give amazing certified education.
Q: Do Investment banking courses in Mumbai need any prior courses?
A: Investment banking courses in Mumbai also require a basic understanding of finance, accounting, and economics. Some courses may also require prior knowledge of financial modeling and valuation techniques.