Are you aspiring to become an investment banker in Nigeria and you don’t know the right step to take or follow? Then this article is for you. This article covers the appropriate Guides on How to become a Successful Investment Banker in Nigeria.
Who are the investment bankers?
Investment bankers are those involved in various financial activities. They help individuals and organizations to raise funds for their business and also act as a special advisors to them.
How do I become an investment banker in Nigeria?
It is one of the dreams of most young individuals in the university to become a successful investment banker. However, in order to achieve this great task; you will need to work hard, work smartly and also be good in mathematics.
Investment bankers helps to oversee the initial public offerings or mergers and acquisitions of their customers and guarantee them full security. Bear in mind that every successful investment banker begins their journey from a prestigious University. Now, let’s get down to the guides on how to become a successful investment banker in Nigeria.
Guides on How to become a Successful Investment Banker in Nigeria
In order to become a successful investment banker in Nigeria, these steps must be followed accordingly.
1. Earn a degree from a recognized University
The first step to take in order to become a successful investment banker in Nigeria, is to earn a degree from one of the most recognized universities in Nigeria with good grades. It is always advisable to have a degree in one of the following finance related field.
They are; Accounting, Economics or Marketing. Some investment bankers would like to acquire masters in business administration (MBA) in order to add value to their portfolio, although, it is not really necessary but it attracts companies attention.
2. You must be smart and current
In order to become a successful investment banker in Nigeria, you must be knowledgeable and current about the recent financial news and present events.
You will often have to read newspapers and magazines to keep yourself updated on the current news about financial institutions and future financial deals. As an aspiring investment banker who wants to be successful in Nigeria, you will need to take business proposals or public speaking classes. This particular skills are very important in order to build your portfolio.
3. Live within places of opportunities
It should be highly noted that the places you live can highly reflect or affect your dreams. If you wants to become a successful investment banker in Nigeria, you will need to relocate to places where you can easily achieve your dreams.
Places like Abuja or Lagos is a perfect fit for every aspiring investment bankers because these two places are lands of dreams and opportunities.
Living in any of these two places prone you to meeting different people who have the same dream with you or people who are already into such business.
Another of its advantages is that, you will be able to ask questions from people that matters for proper guidance. Seeking for help will be quiet easy if you know how to relate well with people.
4. Read books on investment banking always
It is not always proper for someone who wants to become a successful investment banker to relax, earning a degree from a highly ranked university is not enough to be reluctant.
Devote your time in reading books relevant to investment banking or financial analysis. Sharpening your intellect while waiting for job opportunities is a recipe for every aspiring investment banker who wants to be successful in Nigeria.
Also, visit websites and gain more knowledge about financial institutions, how they operate and the ethics surrounding them. Ask questions from people who work in the financial institutions about anything you can’t comprehend with. A great knowledge about your aspirations determine a brighter future.
5. Ability to read and interpret financial and foreign languages
Having basic knowledge about foreign languages is another important thing every investment banker should know because you will be dealing with foreign investors. Crunchy, manipulative numbers are very important to an investment banker.
However, it’s also important to be able to interpret those financial numbers for investors and board members. Understanding how to use the powers of persuasion will take a potential investment banker a long way.
The people’s skills is another set of skill that will benefit every investment banker who wants to be successful in Nigeria.
6. Work with different banking institutions
In order to be a successful investment banker in Nigeria, you will need to work with different banking institutions to build your portfolio and have basic knowledge of how banking activities are been carried out.
Working as a banker entice you to many opportunities especially carrying out presentations on how investment works, researching and preparing of proposals on potential deals and many more.
This set of task and special skills are often required while building yourself to becoming a successful investment banker.
You should note that the journey of becoming a successful investment banker in Nigeria does not just start and end or boom today.
Bear it in mind that you can be rejected and frustrated but don’t give up, just keep pushing, encourage yourself, build yourself more by reading books, be open minded and be optimistic. Only then will you be focused to achieve your set goals and aspirations. I wish you all the best.
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