Subject Guides: Finance Major Toolkit: Investment Banking

Investment Banking

High Grade point (over a 3.5) - check

Love to work lots of hours - check

Enjoy financial modeling - check

Well this career may be for you. Investment Banking attracts some of the best and brightest in Finance for three very good reasons. You get paid well, you get challenged, and you have fabulous opportunities to do a variety of things, whether you stay in this field or move on.

The big key is you HAVE TO BE READY for the interview. There are no shortcuts as it takes a lot of preparation. These will be the most technical Finance interviews. Good luck if you accept the challenge.

Video on the Structure of the Investment Banking Industry
This video provides an excellent outline of the investment banking industry.

All Finance Majors must take three Finance electives; The best related to th is career path are:

FIN:4250 Applied Equity Valuation
In this course you will actually be managing a portfolio and will develop strong modeling skills
FIN:4330 Investment Banking
FIN:4220 Fixed Income Securities
This course will cover a variety of fixed income investments analysis and valuation.

Goldman Sachs
Goldman has a well-established summer internship program
Bank of America
You can find I Banking internships for B of A and Merrill Lynch at this site.
BMO Capital Markets
We have many successful alumni at BMO.
William Blair
William Blair is a long-successful firm out of Chicago.
Baird
Baird is another regional firm with Iowa ties.
Piper Jaffray
Investment banking and asset management firm based out of Minneapolis
RBC
Credit Suisse
Citi
A global firm with opportunities in investment banking, commercial banking, corporate finance and private banking
SunTrust Robinson Humphrey
This company has both Investment Banking and Corporate Banking roles
Brown Gibbons Lang
A Cleveland based banking firm with an active office in Chicago as well.

Hawkinson Institute
To prepare for an investment banking career, you must be ready. Understanding and prepping for the interview process is critical. The best place to do that at Tippie is with our Hawkinson Institute. But understand that as companies hire one year out for interns, you need to be applying for Hawkinson in your Freshman and Sophomore years.
Bloomberg Markets Concepts Certification
Bloomberg Markets Concepts- 4 modules that cover stocks, fixed income, commodities and economic data. It also teaches you how to work with the Bloomberg terminal, one of the most commonly used in the field. Free on U of Iowa terminals with your HawkID
FINRA Securities Industry Essentials Exam
You may now complete the majority of the necessary Securities examination while still in school. It is called the SIE, and here is a way to learn more about it. We offer a one semester hour online course that prepares you to take the exam - FIN:4030EXW SIE Exam Prep.

FINRA Securities Industry Essentials Exam
You may now complete the majority of the necessary Securities examination while still in school. It is called the SIE, and here is a way to learn more about it. We offer a one semester hour online course that prepares you to take the exam - FIN:4030EXW SIE Exam Prep.
Bloomberg Markets Concepts Certification
Bloomberg Markets Concepts- 4 modules that cover stocks, fixed income, commodities and economic data. It also teaches you how to work with the Bloomberg terminal, one of the most commonly used in the field. Free on U of Iowa terminals with your HawkID

Wall Street Prep
This web site has free but mostly paid courses that will help a great deal in getting you ready for an internship. Know this stuff. We also have them on campus in the Spring, so watch to sign up for their boot camp.
Interview Prep
Vault Guide for Investment Banking
The Pomerantz Career Center has online access to the Vault Guide for Investment Banking. It is a must for those preparing for a role in this field
EFinancial Careers 100 top Investment Banking Interview Quesitons
These questions will get you a long way in preparing for an investment banking interview. Remember, no shortcuts. You have to be ready for this.

Vault Guide to Finance Interviews
Call Number: Available Online
From Amazon:
This edition in loaded with sample questions, charts, formulas, and frameworks covering everything from accounting concepts, valuation techniques and M&A basics to bond pricing, interest and exchange rates, options and derivatives, and brainteasers.

Wall Street Wannabe
Resource for those interested in Investment Banking roles. A fair amount of information is free, and there is some material behind the pay wall.

33 Interview Questions for Investment Banking roles from Vault.
Vault has surveyed employers to come up with commonly asked questions for roles in this field.
Mergers and Inquisitions
Lot of coverage on how to land a job in investment banking.
DealBook
What is going on in the world of deals in Finance? Andrew Ross Sorkin knows, and you can find it on his DealBook Blog on the NY Times website.

The University of Iowa Libraries

Marvin A. Pomerantz Business Library

Finance Major Toolkit

Investment Banking