Is IB Primarily About Report Writing?
I work at one of the leading Debt Investment Banks in my country. I initially expected that my role would be focused on modeling and creating presentations, but I find myself spending a lot of time writing notes and developing reports on models or industry analyses.
While I consider myself moderately skilled in Excel, I really struggle with report writing, especially when it involves verbose language or words like “envisage” or “ingenious.”
I’m curious to know if this is generally what an average IB experience looks like, or if maybe I’m in the wrong place.
One response
It sounds like you’re having a common experience in investment banking! While modeling and presentations are certainly significant parts of the job, a lot of the work often involves report writing and creating comprehensive documentation for clients and internal teams. Many junior analysts spend significant time creating notes, memorandums, and industry write-ups, especially early in their careers.
It’s understandable to feel that report writing isn’t your strength, especially if the language feels verbose or overly complex. However, clear, concise communication is a vital skill in IB. Here are a few things to consider:
Skill Development: Even if report writing isn’t your strong suit, there are ways to improve. Consider taking writing workshops or seeking feedback from colleagues to refine your skills.
Find Balance: While reports are important, look for opportunities to get involved in financial modeling and client presentations. Speak with your team leader about your career goals and express your interest in more hands-on modeling work.
Role Variation: Every firm has a different culture and expectations. If you feel that the balance is skewed, it may be worth discussing your responsibilities with your manager or exploring other teams within your firm.
Long-Term Goals: Think about what you want out of your IB experience. If you’re looking for more modeling and strategic work, set clear goals for yourself and be proactive in seeking those opportunities.
Remember, many aspects of investment banking can be learned and improved with practice over time. If you enjoy the finance side of things and are willing to adapt, it may just be a matter of finding the right opportunities to align with your strengths. Good luck!