Investment Banking Industry Quiz

What is a key requirement to become a Chartered Financial Analyst (CFA)?

What is a primary responsibility of an Investment Banker?

What can students pursue to lay a basic foundation for a career in Investment Banking?

What skills are important for a career as an Actuary?

What is the minimum work experience required to become a Chartered Financial Analyst (CFA)?

Which type of account in accounting tracks assets such as cash, inventory, and equipment?

Which type of account in accounting represents what the business owes to others, such as loans and accounts payable?

Which type of account in accounting records the owner's stake in the business?

Which type of account in accounting tracks money earned from providing goods or services?

Which type of account in accounting represents the costs incurred to generate revenue?

Chartered Financial Analyst (CFA)

A key requirement for becoming a CFA is to pass three levels of exams covering topics such as ethics, investment tools, asset valuation, and portfolio management.
Minimum work experience required is four years of professional investment-related experience.

Investment Banking

Primary responsibility includes raising capital for corporations, governments, and other entities through underwriting and the issuance of securities.
Investment bankers provide advisory services for mergers and acquisitions and help with corporate restructurings.

Foundation for Investment Banking Career

Students can pursue internships, finance-related coursework, and networking opportunities to build a foundational understanding of financial markets and corporate finance.

Skills for Actuarial Career

Important skills include strong mathematical proficiency, analytical thinking, problem-solving ability, and a deep understanding of risk assessment and management.

Accounting Accounts

The asset account tracks resources owned by the business, such as cash, inventory, and equipment.
The liability account represents obligations owed to external parties, including loans and payable accounts.
The equity account records the owner's interest in the business, reflecting the capital invested and retained earnings.
The revenue account tracks money earned from the sale of goods or services provided to customers.
The expense account records costs incurred in the process of generating revenue, such as salaries, utilities, and raw materials.

Test your knowledge of the investment banking industry with this quiz. Explore the roles, responsibilities, and skills required for a career in investment banking.