Investment Banking Education and Training Key Terms

Consider some basic key terms for investment banking education

Investment banking education and training key terms will clue you into the shorthand surrounding investment banking education. Generally, in investment banking education and training, seminars are less taxing than programs or courses. Within the investment banking industry, several types of exams are referred to by name, without any indication as to what they are or what they provide to investment professionals. Knowing these key terms will help you navigate investment banking education and training.

 

Investment banking education

There are savants around who got into investment banking without higher education, but they are few and far between. Generally, investment banking education refers to at least a BA, but more likely an MBA, too. There are specialties within investment banking education, such as mergers and acquisitions, advisory and legal analysis.
Try: Education Portal provides a list of defining kinds of schools, programs and courses that provide investment banking educations. It also defines specific areas and types of investment banking careers that require certain kinds of banking education.

CFA Charterholder

The CFA (Chartered Financial Analyst) is a nonprofit agency devoted to teaching graduate-level programs to investment professionals. It teaches high ethical standards and graduating from its program is prestigious. Those who graduate get the title CFA Charterholder. The definition of a CFA Charterholder is a person who has taken the graduate-level program and passed three exams on the subject of investment management as provided by the CFA.
Try: Visit the CFA Institute, which is helpful to anyone who wants to become a Charterholder.

FINRA series 7 exam

The Financial Industry Regulatory Authority (FINRA) provides specific education for investment personnel who want to trade securities. Passing a series 7 exam is like getting a license to trade securities. It is also necessary if one wants to pursue other educational courses with FINRA.
Try: FINRA series 7 exam is defined by its educational requirements. Much of it has to do with laws regarding securities and investments. It is necessary to open the PDF file to get the full definition of this exam.

Investment banking certification

Investment banking certification is a general term for certificate courses that will allow investment professionals to extend the reach of their professional duties.
Try: Investopedia lists other certificate programs offered by FINRA, the CFA and Canada's financial authorities with explanatory information on what these programs provide.

Investment banking seminars

Investment banking seminars are less stringent modes of higher learning than certificate courses. The seminars are run by private companies and have more to do with the career of an investment professional-although there are very good learning opportunities to be had.
Try: The Investment Banking Institute provides good descriptive definitions of the kinds of teachings available in investment banking seminars and how the seminars are structured.

Corporate training

Corporate training is a generalized term for all sorts of programs. These programs come in all shapes and sizes but are generally less book-and-study oriented-the emphasis is on training. Corporate training focuses a lot on management, leadership, sales and other business skills that are adaptable to investment banking.
Try: Dale Carnegie wrote the book on getting ahead in corporate settings. The short seminar programs are good examples of the difference between a certification program and, say, a two-day seminar on leadership training.

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