Is there a lot of room in an investment banking position for advancement or promotion?

by Investment Banking Trainer on

Investment Banking CertificationQuestion: Is there a lot of room in an investment banking position for advancement or promotion?

Answer: Absolutely. In fact, investment banking is a profession where stagnation is almost unheard of; bankers either succeed and earn promotions or are encouraged to leave the business. At the junior level, professionals generally spend 3 years as an analyst before a possible promotion to associate. After that, promotions can take place every further 2 or 3 years. Between promotions, pay is likely to increase each year (subject of course to the bank’s and the group’s financial performance). Bankers who are passed over for promotion more than twice are likely to move on from the firm (either by choice or by termination).

Self-Paced Investment Banking Training  If you want to complete a self-paced investment banking training or certification program please take a few minutes to explore our investment banking certification program called the Certified Investment Banking Associate (CIBA).  This program completed online and it is offered through the G.T.C. Institute, LLC’s platform at BusinessTraining.com.

Read More Frequently Asked Financial Analyst Career Questions

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