EP11: Exploring Career in Investment Banking (IB) with Vinamra Jain

In this episode of Exploring Careers in Finance, I interview Vinamra Jain, a Chartered Accountant who has made a name for himself in Investment Banking at Lastaki Advisors. Vinamra opens up about what inspired him to pursue a career in IB and how he managed to break into the field without an MBA, which is often considered a must-have qualification for the industry.
We kick off by clarifying what exactly Investment Banking is and how it differs from management consulting, merchant banking, and private equity. Vinamra also shares insights into the essential skills required for IB, and suggests some of the best courses and certifications for mastering industry research and financial modeling.
Throughout the episode, we dive deep into the challenges of working in Investment Banking, particularly in Mergers & Acquisitions (M&A), and how Vinamra ensures smooth transitions in these complex deals. We also explore his role as an outsourced CFO for first-generation entrepreneurs, which has given him unique insights into business management.
Finally, Vinamra breaks down the job levels and salary packages in IB and offers valuable advice for both CA and non-CA professionals looking to build successful careers in finance. Plus, he debunks some common myths surrounding Investment Banking.
Tune in to learn from Vinamra’s diverse experience and get actionable advice to kickstart your finance career!
4:36 Introduction of Video
9:27 What is Investment Banking?
11:02 Introduction of Vinamra
14:58 CA Vs MBA in Investment Banking
15:12 Skills required for IB
18:34 Courses or certifications for IB
23:28 Challenges faced as a CA
33:34 How M&A Deals takes place?
33:48 What is collateral?
40:12 Outsourced CFO
44:54 Packages & Roles in IB
51:20 Rumors & Myths about IB
56:48 Tips for Investment Bankers
Connect with Vinamra: / cavinamra-jain
Unlock the Vault: bit.ly/m/SMR