Investments and securities is a popular major for students interested in the financial services industry. This major provides a solid foundation in areas like financial markets, portfolio management, security analysis, derivatives, risk management, etc. Students develop quantitative, analytical, and problem solving skills to pursue careers in investment banking, asset management, securities research, trading, financial advising, risk management, and more. Here is an overview of some of the key career options for investments and securities majors.
Investment banking analyst
Investment banks help companies raise capital through IPOs and bond issuances, facilitate mergers and acquisitions, provide other strategic advisory services. As an analyst, you will build financial models, conduct valuation analyses, prepare pitchbooks and presentations, assist senior bankers with deals and client relationships. Strong financial modeling, communication and interpersonal skills are required.
Securities research analyst
Securities analysts research companies, industries and markets to make buy/sell recommendations on stocks and identify investment opportunities. You will produce equity research reports, financial models and earnings estimates for portfolio managers. Requires solid financial statement analysis capabilities, valuation skills and strong writing.
Portfolio manager
Portfolio managers develop investment strategies, construct portfolios with various asset classes, and make buy/sell decisions to meet client investment objectives. You will analyze economic trends, evaluate securities, monitor portfolio risk and performance. Strong analytical skills, market knowledge and client interaction abilities are needed.
Risk management analyst
Risk analysts measure and manage different types of risk exposures at financial institutions – market, credit, operational etc. You will develop risk models, perform stress testing, monitor risk limits, report on risk metrics to senior management. Quantitative skills, programming abilities and regulatory knowledge are important.
In summary, investments and securities majors can pursue rewarding careers in investment banking, asset management, securities research, trading, risk management and other areas. Solid financial modeling, valuation, analytical and communication skills developed in this major provide a strong foundation for these opportunities.