How many positions does an investment bank have each year?

Introduction of brokerage business department: the brokerage business of investment banks is generally divided into brokerage business headquarters and business department. The brokerage headquarters undertakes the management and planning functions of the sales department. The maintenance and service of some important retail customers are undertaken by the brokerage headquarters, and the business department promotes services and products to customers, and carries out relevant planning and operation through the brokerage headquarters. Generally speaking, the recruitment requirement is a master's degree, which is in line with related majors. The business department mainly recruits investment consultants or assistant managers, operation management and other positions. And the requirements for academic qualifications are relatively low. However, at present, the recruitment condition of investment consultants in some large brokerage business departments is graduate students. Job-hunting suggestion: Students who are not first-class university graduates but are interested in entering the capital market can consider the position in the sales department, and the success rate will be much higher. Moreover, through the training in the sales department, they can be gradually promoted to branches, brokerage headquarters or other departments in the headquarters. Skill reserve: solid economic and financial professional knowledge, obtaining securities qualification in advance, need to master technical analysis. Introduction of Investment Banking Department: Investment Banking Department has always been the star department of securities companies, and the investment banking business is divided into several project groups, which have certain competitive relations with each other. Usually, newcomers will be assigned to a project team and begin to do some basic work, such as due diligence. After accumulating rich experience, they can explore the project through their own resources, and after two years, they can start to obtain the qualification of warranty. Investment banking is very hard, and I often travel. This project will take several months. Reading piles of documents and materials requires a strong ability to withstand pressure. In the future, the demand for professional ability will be higher and higher, and the demand for talents will be more sustained. Job-hunting suggestion: For people with extensive contacts and rich social resources, it can help them to get in touch with more project opportunities, which is also very beneficial to their career development in the investment banking sector. However, I often travel and work overtime, and I belong to the flying man. Skill reserve: accumulate the accounting, finance and legal foundation as soon as possible, obtain the qualification of securities practice in advance, and obtain the qualification of certified public accountant and lawyer at school. The introduction of the securities investment department: the self-operated department is the business department where brokers invest with their own funds to obtain income. Because it is self-operated, brokers have lower tolerance for self-operated losses than ordinary Public Offering of Fund, so they cut their own meat. If they lose money, their income will be directly affected and their income will fluctuate greatly. So this department will be under great pressure in a bear market. At present, the self-operated part of securities firms is divided into several ways, such as directional investment, quantification and hedging. The trend is that the scale of targeted investment is getting smaller and smaller, and the quantification is increasing. In the future, with the rise of equity swap and market making, there will be more demand for talents. Job advice: The general recruitment demand is only for assistant researchers. Usually, a person has to look at many industries, and the work pressure is relatively high. By gradually learning investment logic and analysis methods, those who perform well in the follow-up can be promoted to investment managers. People with better investment sensitivity are better choices. Skills reserve: the majors of economics, finance and financial engineering are close, so it is helpful to obtain the securities qualification in advance. According to the Asset Management Department, the Asset Management Business Department is a major department of securities companies, including operation management, product design, investment management and channel management. The requirements of the asset management department for investment managers and researchers are similar to those of the previous self-management. Channel management is mainly responsible for sales. Selling asset management products through banks and business departments requires good communication skills and a deep understanding of your own products and other products on the market. Product design is a shortage of talents at present. There are more and more new tools and ideas, and the designed products are very popular, which requires a deeper understanding of financial tools and trading systems. Operation management is responsible for the background of asset management business, including a series of management and support work such as net worth calculation, purchase and redemption, and accounting and management majors are more suitable. Job-hunting suggestion: The asset management business will develop greatly in the future, especially in the future, a large number of Public Offering of Fund companies will be set up by brokers, and the demand for talents is diverse, so we can actively pay attention to it. Skills reserve: majors in economics, finance, finance and financial engineering are all qualified. It will be helpful to obtain the securities qualification in advance and prepare for CFA exam earlier, at least passing CFA level. Introduction of the margin financing and securities lending department: The margin financing and securities lending department is mainly responsible for the capital intermediary business, margin financing and securities lending, agreement repurchase and equity pledge financing that have emerged in recent two years. The customer interface of this business is in the sales department, and it doesn't need to face customers directly most of the time. It is mainly responsible for promoting and managing this business in the sales department. The core tasks include risk assessment, credit management, financing of assets and bonds, investment strategy design of financing and financing, risk control, etc. And large institutional customers also need to visit and maintain. At present, the revenue of this department accounts for about 10% of the company's total revenue, and it is still growing steadily. Its importance is beyond doubt, and it is the pillar business of future securities companies. Job-hunting suggestion: Due to the rapid development, the demand for talents is relatively large, and there is no special professional requirement, which is a better choice for fresh graduates. Skill reserve: accumulate solid economic and financial professional knowledge, obtain securities qualification in advance, and be familiar with capital market and investment behavior. Introduction of the fixed income department: the fixed income department is the hottest department in the past two years, and it is currently in the early stage of great development. The fixed income department includes sales, trading, distribution and matching of fixed income products, and has different requirements for talents. Sales positions value communication skills, trading positions should have keen investment judgment skills, and distribution positions can refer to the requirements of investment banks. However, compared with the equity department, the sales and transactions of the fixed income department depend more on objective factors. The market interest rate and the monetary policy of coupon rate and the central bank directly determine the difficulty of selling and trading more than 80% bonds. Job-hunting suggestion: This department has a large market growth space in the future. Sales, trading, distribution, matchmaking, research and other positions form a diversified demand for talents, and the demand for talents is large. You can choose a position according to your own characteristics and interests. Skill reserve: Have a good financial foundation, have a deep understanding of bonds, get the securities qualification in advance, pass CFA Level 2 exam at school, or study fixed income related professional courses by yourself. Introduction of direct investment department: direct investment is the PE investment department of securities firms. Direct investment business should have both the ability of project audit and investment judgment, which requires high comprehensive quality. It's very training in this line of work. To study a company, we first need to know an industry and the company's situation, including the boss's situation, good projects and competitors, and we need decisive strength. But the final decision is usually made by the high-level Committee of the brokerage firm, and the following employees have not yet decided. Raising funds is also one of the important tasks. Job-hunting suggestion: It is best to have some direct investment industry experience and social experience. If you are a fresh graduate, you need to accumulate experience and ability as soon as possible, be bold and cautious, and be suitable for students with flexible minds and broad ideas. Skills reserve: be familiar with financial statements, accumulate financial knowledge such as accounting and finance during school, obtain securities qualification in advance, and take CFA during school. Introduction of Capital Market Department: The capital market department mainly refers to the stock capital market department, which started to rise in recent years and used to belong to investment banks or stock business departments. Usually, after the investment bank reports the project materials to the meeting, the capital market department takes over the later work, including communication with the CSRC, communication with potential investors, inquiry, pricing and issuance. The future direction of IPO reform is independent placement and batch issuance. Independent placement will be handled by the Capital Markets Department, which will identify, screen and place customers. In addition, after the implementation of batch issuance and shelf issuance, the flexibility of issuance will be greatly improved, and the overall arrangement will also be undertaken by the capital market department. There will be more work in this department in the future, and the demand for talents is still great. Job-hunting suggestion: Capital Market Department should be responsible for communicating with investment banks, researchers, listed companies, CSRC and investors, so it should have good communication skills and relationship handling skills, which is suitable for students with patience and strong oral expression skills. Skill reserve: Have a good financial and economic foundation, good communication skills, and get the securities qualification in advance. Introduction to the Institute: The Institute is the core department for investment banks to play a pricing role. Its core role is to judge macro-strategy and price various stocks and bonds at the same time. Because research institutions need to compete in the market, so as to obtain real income such as ranking and commission, the report of investment bank research department has been paid more and more attention in the global economic decision-making circle. But analysts are not easy to do. If you have the opportunity to enter the research department, complete the work of assistant and gradually improve. Macro strategy generally needs a strong academic background, and it is best to be famous, learn from everyone, and enter the macro field circle relatively quickly. Industry research is more tolerant. As long as you work hard, you can achieve something. Financial engineering used to develop in general, but with the increasing demand of buyers for quantitative trading research, the development space of financial engineering is also good. Job-hunting advice: Good at writing, not afraid of writing reports, with a spirit of research, a foundation in accounting and economics, and good at communicating with people. Generally speaking, the academic qualifications suitable for industry researchers are bachelor's degree and postgraduate background in economics or finance. Of course, students majoring in financial economics also have their own uses, such as macro-strategy, finance and real estate. Skills reserve: accumulated professional knowledge in related industries, with a certain foundation in finance, finance and accounting, and CFA and CPA qualifications or passing CFA II and CPA will be better. Introduction of the Risk Control Department: Risk control is the core department of securities firms, and risk management is the core function of financial institutions. Risk control plays a very high role in securities companies. All businesses above a certain scale must be audited by risk control before they can be formed. Risk control personnel should be familiar with various businesses in the capital market, be able to understand and analyze risks from the business level, and also understand the company's strategy and development direction in order to fully assess risks. At present, risk management talents are in short supply. Job search advice: This position is suitable for people with calm personality. Because of the need to assess risks, it is required to be cautious. Skill reserve: Have a foundation in finance and have a systematic study and understanding of risk management. It is best to get FRM during school. Introduction of Legal Compliance Department: Legal Compliance Department is different from Risk Control. The latter is to evaluate the financial risks in operation and calculate the risk scale that the company can bear. The former is to ensure that all departments of the company abide by laws and relevant management regulations in the process of operation and exhibition, and prevent and eliminate the occurrence of risk events, such as investment bank firewalls and self-operated firewalls. Skill reserve: You need to have a strong legal background, be familiar with relevant laws and regulations, have a deep understanding of the law, be able to analyze the most compliant solutions in various business environments, and give guidance to business departments.

China Investment Co., Ltd. (CIC) is a wholly state-owned company established in accordance with the Company Law, and its capital of 200 billion US dollars comes from the special national debt of 1.55 trillion yuan. China Investment Company started preparations in March this year, and all the work is basically ready. At present, CIC's foreign exchange investment business mainly focuses on overseas financial portfolio products. The company will implement the separation of government and enterprise, independent operation and commercial operation, and maximize the long-term investment income within the acceptable risk range.