What does the securities investment banking department mainly do, what is the treatment inside, and what academic qualifications are required to enter?

An investment bank is a financial institution. According to Investment Bank Online, the businesses of international investment banks include: corporate financing, mergers and acquisitions, financial consulting and other businesses. Investment banks are the main financial intermediaries in the capital market.

In China, investment banking business mainly includes: securities underwriting, securities trading, mergers and acquisitions, fund management, project financing, venture capital, credit asset securitization, etc.

Graduate students are the minimum requirements for entry qualification, and most brokers need to have overseas study background or resumes of four major agencies. At present, in the overall depressed environment of the securities industry, brokers pay more attention to accounting professional skills and practical experience, and require higher academic qualifications and doctoral degrees.

Extended reading:

Securities underwriting is the most primitive and basic business activity of investment banks. Investment banks have a wide range of underwriting rights, including bonds issued by the central government, local governments and government agencies, stocks and bonds issued by enterprises, securities issued by foreign governments and companies at home and abroad, and securities issued by international financial institutions. In the process of underwriting, investment banks generally have to weigh whether to form an underwriting syndicate and choose the underwriting method according to the underwriting amount and risk. There are four common underwriting methods:

First kind

Underwriting means that the lead underwriter and its members agree to buy all the issued securities at the agreed price and then sell them to their customers. At this time, the issuer does not bear the risk, and the risk is passed on to the investment bank.

The second type

Bidding and purchasing. Usually when investment banks are in strong passive competition. Securities issued in this way are usually high-credit bonds and are welcomed by investors.

The third kind

Consignment This is usually because investment banks believe that securities have low credit rating and high underwriting risk. At this time, the investment bank only accepts the entrustment of the issuer to sell securities on its behalf. If all the securities issued within the prescribed time limit plan are not sold, the remaining part shall be returned to the securities issuer, and the issuer shall bear the risk of issuance.

The fourth kind

Sponsor promotional activities. When an issuing company increases its capital and shares, the main target is the existing shareholders, but there is no guarantee that all existing shareholders will subscribe for its securities. In order to prevent it from being difficult to raise the required funds in time, and even lead to the company's share price falling, the issuing company will generally entrust the investment bank to issue new shares to the existing shareholders, thus transferring the risk to the investment bank.