You start as an analyst if you have a BS or BA. The work load is intense. You will have 100+ hr weeks. Expect 70-80 hours on average. Much of the work is financial analysis using Excel. There are also trips to clients to present your work, advising them on mergers and acquisitions (your boss will do most of the talking). It is usually a 2-yr job that typically goes to business and econ majors at top colleges. Base salary is around $60K to start, plus a bonus of around $30K. If you are promoted to associate, you will earn a base of six figures with the potential for very high bonuses.
2006-06-06 07:23:36
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answer #1
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answered by nostrategyguy 2
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Most of these people are talking about Internet Banking. However, I-Banking usually refers to Investment Banks.
Investment Banks are usually large corporations that handle both retail and institutional brokerage services. However, Investment Banking services are usually thought of as those that allow corporations to raise cash or buy or sell companies. Typical I-Banking activities include:
1. Bringing a company public through an IPO
2. Raising cash for a public company by offering a seasoned equity offering
3. Raising cash for a company by selling bonds to the public.
4. Handling the financing for mergers and acquisitions activity
5. Securitizing some asset like Accounts Receivable, and selling it to raise cash for a company.
For entry level positions, the hours are long and the work is tedious. The rewards are high. In order to get into one of the top I-Banks, you probably need an undergraduate business degree from a top school (to get into their analyst programs) or an MBA from a top B-School (to get into their associate programs).
2006-06-07 08:35:49
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answer #2
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answered by Ranto 7
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well ibanking is mostly just internet transfers and cellphone transfers but it can also be checked on the pc and that is not a reliable kind of employment you want to go into because your never sure of what you get...
2006-06-06 06:46:42
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answer #3
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answered by Anonymous
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It is alot of different things.Counting checking transfering depositing and more my mom works at a bank and it's not easy!
My mom just got a raise and now she makes about 7$ an hour or so might be less.
2006-06-06 06:40:10
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answer #4
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answered by **Lizz** ♥ 2
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Go to this site and it tells you all about iBanking:
http://www.bangkokbank.com/Bangkok+Bank/Personal+Banking/Internet+Banking/iBanking+Home.htm
2006-06-06 06:47:47
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answer #5
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answered by Anonymous
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For the best answers, search on this site https://shorturl.im/avuFx
I would say yes Human Resources. You are mainly responsible for recruiting, interviewing potential employer, keeping up with the job database and things, payroll, training, etc.
2016-04-10 10:08:19
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answer #6
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answered by Anonymous
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What Is Ibanking
2016-10-14 12:27:25
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answer #7
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answered by Anonymous
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http://www.ibank.com.ph/
2006-06-06 06:40:27
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answer #8
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answered by navyaug84 4
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