An effective investment banking training programme will be focused around an overview of the specific business, as well as how several divisions work together in order to deliver a superior service to clients old and new.

The banking industry as a whole is widely saturated, meaning that it is essential for corporations to come up with new and innovative ways to streamline the services they provide for people and organisations with varied financial interests. Fortunately, workplace training can be utilised to deliver a substantial return on investment, while allowing employees at all levels to work collaboratively to improve their skills.

In particular, business simulations serve as a surefire training method to develop employee knowledge and expertise in specific areas related to the company.

Why is investment banking training important?

Workplace training can be important in maintaining progression in any professional industry; however, in investment banking, it can be critical. With so many structures, principles, strategies and frameworks to account for, business leaders have a greater responsibility to construct a programme that adequately prepares employees for their role(s), without overwhelming them with vast amounts of information.

As well as developing core skills, there will be several expectations of different employees at each stage of the business hierarchy in which they must adhere to. A well-structured training programme will identify to each individual exactly what is required of them, as well as providing them with an in-depth understanding of how other employees contribute to the success of the business, thus boosting their commercial awareness.

Business simulations to improve investment banking training

Business simulations allow employees to fully immerse themselves within the context of their professional goals and objectives through the replication of a typical working environment. This can be particularly beneficial for an investment banking training programme, as it can incorporate key learning areas including, but not limited to:

  • Risk management
  • Financial management
  • Organisation
  • Leadership
  • Control frameworks
  • Client service skills

Investing in a business simulation will encourage employees at all levels to work together to solve problems related to investment banking and later assess how they performed, as well as how they could improve in a real situation. For business leaders, it can also serve as a clear indication of any weaknesses within the business, allowing them to make necessary changes to improve.

Investment banking training can undoubtedly be improved by embracing modern simulations. Giving individuals the opportunity to work in a risk-free environment, as well as allowing them to reflect on their performance will serve to maintain long term progression.