Investment Banking

What is the main role of an investment banker?

• To process financial records using manual and computerized systems

• To act as financial advisors to corporations, to help raise capital

• To help clients by assisting with services (Ex: setting up checking account)

True or False: Investment banking is a competitive field that requires a solid education background and long hours

• True

• False

Choose multiple answers: What types of companies are most likely to hire an investment banker?

• Big companies planning mergers and acquisitions

• Companies looking to expand

• Public and financially stable companies

• Young companies planning to go public

True or False: A professional accounting designation required to be an investment banker

• True

• False

What was the Norbourg scandal about?

• The CEO kept billions of dollars of debt off the company’s balance sheet

• The company had had inflated its revenues by making false entries

• The company had intentionally overstated earnings in the company’s books

• The company owner diverted the company funds into funds for personal use

Select multiple: Which degrees are the most common for an investment banker?

• Data analytics

• Finance

• Accounting

• Economics

How many hours average does an investment banker work per week?

• 45 hours

• 70 hours

• 105 hours

• 120 hours

By what organization do you need approval by before you start working as an investment banker?

• PRA

• CRA

• IRS

• IIROC

What is an acquisition?

• When a company purchases another company's shares

• When a company is accused of a crime

• When a company merges with another company to form a larger firm

• When gas prices are raised

Why might there be a rise in investment bankers in the future? What causes this trend?

• The high income despite the pandemic

• It is very easy to get into school for it

• The increase in technology that sparks interest for lots of this generation