Have I missed the opportunity to start a career as an investment banker?

Entering the field of investment banking (IB) is challenging but not impossible, regardless of your current stage in life or career. The hiring landscape for investment banks is highly competitive, and firms typically look for candidates with strong academic backgrounds, relevant internships, and, in many cases, an MBA or advanced degree. However, ‘too late’ is a relative term and can depend on several factors like your age, educational background, skills, and networking abilities.
Education and Experience: If you haven’t already, acquiring a relevant qualification such as a degree in finance, Accounting, Economics, or a related field can help build a foundational understanding. If you’re further along in your career, an MBA from a reputable institution can significantly enhance your prospects.
Networking: Establishing connections within the industry can open doors that a simple application cannot. Attend industry events, join finance forums, and engage on platforms like LinkedIn to build relationships with current professionals in the field.
Transition Steps: If you come from a non-financial background, consider roles that act as stepping stones, such as financial analysis, consulting, or corporate finance positions, which are more accessible and provide relevant experience.
Skills Development: Cultivate skills that are in high demand in investment banking, including financial modeling, valuation, analytical ability, and proficiency in Excel and financial software.
Prepare for the Interview Process: Be prepared to undergo rigorous interviews, which typically consist of technical and fit questions. It’s crucial to understand the financial markets, corporate finance principles, current events, and to be able to showcase your analytical and interpersonal skills.

The field is challenging and demands commitment and passion, but determination combined with strategic actions towards gaining necessary qualifications and experiences can lead to success. It may not be too late if you’re willing to put in the effort needed to realign your career path accordingly.