The number of available jobs in investment banking, brokerage, and related financial services can vary depending on a variety of factors, such as the current state of the economy, industry trends, and company hiring needs.
However, according to the U.S. Bureau of Labor Statistics, as of May 2020, there were approximately 949,200 people employed in the securities, commodities, and financial services sales industry in the United States, which includes investment bankers, brokers, and other related positions. The BLS also projected that employment in this industry is expected to grow by 4% from 2019 to 2029, which is about as fast as the average for all occupations.
It’s important to note that the number of available jobs can vary by region and by specific companies and that these numbers may have changed since the last reporting period. It’s always a good idea to conduct further research or consult with a professional in the industry for the most up-to-date information.
How Can I Find the Right Job for Investment Banker/Broker?
Finding the right job as an investment banker or broker can be a competitive and challenging process. But here are some steps you can take to increase your chances of success:
- Identify Your Strengths and Interests: Start by taking stock of your skills, experience, and personal interests. Consider what type of financial products or services you are passionate about and what specific skills and experience you can offer to an employer.
- Research the Industry: Do your research on the industry, companies, and job roles you are interested in. Look for trends, opportunities, and challenges in the industry, and identify potential employers and job openings.
- Build Your Network: Networking is critical in the finance industry. Attend industry events, join professional organizations, and connect with people on LinkedIn. Talk to people in the industry and build relationships with them.
- Develop a Strong Resume and Cover Letter: Create a strong resume that highlights your skills, experience, and achievements. Customize your cover letter for each job application, and show how your skills and experience match the job requirements.
- Prepare for Interviews: Research the company and the job role, and prepare for interview questions. Show your enthusiasm, passion, and knowledge of the industry during the interview.
- Be Open-Minded: Be open to different types of job roles and employers. Consider internships, contract positions, or jobs in different locations. You may need to be flexible in your job search, especially in the early stages of your career.
Remember, finding the right job as an investment banker or broker takes time, effort, and perseverance. Keep an open mind, be persistent, and stay focused on your goals.