Job Description
Public Finance Investment Banking Analyst An internship that I had that actually turned into a full time job offer is the role of an investment banking analyst. Specifically, it is in the public finance sector. This means instead of raising money for the usual corporations, I am instead funding school districts, local governments, and hospitals. Basically anything that is used by the public and that needs funding, they get from investment banks. This sector of investment banking is pretty niche, so since not many people really know about it I can separate it into an overview of the job and my duties. Overview of Public Finance in Investment Banking A basic explanation of public finance is that it concerns things that the public uses. I worked in a group that specializes in funding school districts, so to help understand the process, here is an example of how a typical deal is started and finalized. To begin, the school district has to request the money from the taxpayers in their...