Investment Banking Jobs Surge | IAF pilots in space, 8% Growth in GDP & More

Hello Readers,

Did you know?

Russia is winning against Ukraine!

Russia recently captured the town of Avdiivka, a geographically important location, and its surrounding villages. With Ukrainian forces falling short of supplies and a multi-billion aid deal stuck in US Congress, the Russian forces are getting time to advance. As a result, Russia is now gaining ground before Ukraine can put up sufficient defenses and Ukraine’s loss seems like a possibility. But did you know?

France almost sent troops to Ukraine!

French President Emmanuel Macron recently called for the deployment of Western troops in Ukraine to ensure Ukraine didn’t lose. Although President Macron remained firm about his opinion, other NATO members shot down the proposal as French opposition parties strongly criticized the dangerous idea. Russia also warned France against such action, claiming they ‘would meet the same fate as Napolean’s Army’!! Only China, North Korea, and India currently stand as Russia’s major allies.

Speaking of India-Russia ties, the BrahMos missile is now world famous!

India’s domestic cruise missile BrahMos, developed by India and Russia, is now being coveted by multiple nations worldwide. Boasting a speed of Mach 2.8 (almost 3x times faster than sound), the BrahMos is the fastest cruise missile in the world. Countries like the Phillippines, Vietnam, and Indonesia are reportedly among several buyers! Moreover, the Indian government recently signed a $4.7 billion deal to equip the Indian defense forces with hundreds more of these supersonic missiles!! But that’s not all.

India is planning its first manned space mission!

‘Mission Gaganyaan’ will see a team of 4 IAF pilots sent into space, orbiting 400 km above Earth for a 3-day mission. This week, PM Narendra Modi revealed the names of the 4 pilots: Group Captain P Balakrishnan Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap, and Wing Commander S Shukla. The aeronauts were awarded ‘astronaut wings’ by the PM this week as the mission is set to take off in 2025! But that’s still not the end!

India’s GDP grew by over 8%!

India’s economy has retained its title as the fastest-growing major economy in the world once again as it reported an 8.4% growth in GDP in the final quarter of 2023! With robust growth in the manufacturing, construction, utilities, and mining sectors, India’s economy has surpassed the expected growth rate of 6.6%! As a result, India’s FY24 forecast received a significant upgrade with Barclays estimating growth of 7.8%!!

Speaking of India’s growth, did you know Investment Banking is one of the fastest-growing opportunities in India?

2023 was a bad year for deal-making as the number of deals slowed down significantly due to the growing uncertainties in several economies. However, deal-making in India remained robust throughout 2023 due to a strong structural growth outlook and favourable policies in high-profile sectors like renewable energy, infrastructure, and logistics.

Moreover, deal-making is set to rebound in 2024! According to a PwC report, M&A activity will see a healthy revival in 2024 as the lower number of deals in 2023 has created pent-up demand in buyers and a build-up in seller assets. With easing inflation and better credit conditions, the M&A landscape is expected to see a sharp revival.

Moreover, the APAC region is particularly important. According to a McKinsey report, the APAC region accounts for 25% of global deal value as buyers see many attractive opportunities in the region, particularly in India.

Four industries dominated most of the deal making in the region: energy & materials; advanced industries; tech, media & telecom; and financial services. 

With a growing emphasis on Indian assets and a rising education level among the Indian youth, global investment banking giants are setting up multiple offices in the country as Investment Banking is one of the most attractive markets for career professionals today.

With the global investment banking market set to grow at a CAGR of 10.8% in the next 9 years to $214 billion, are you ready to jump into the exciting and rewarding field of Investment Banking?

Sign up on our exclusive job portal which over 50 lakh individuals trust. And the best part? It’s completely FREE!!

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You might find that one dream job on it. Who knows?

Are you not sure about getting placed? Lack the skills or experience for it??

Not surprising. India’s education system is not well equipped to teach students about the actual practical concepts used in the finance industry. Only top B-schools are capable of imparting such high-level knowledge, which is why MBAs from lower tier colleges are often unemployed or slaving away at a menial sales or retail role.

Therefore, it is time to upskill in important skills and get ready for the industry. Learn important skills like Technical Analysis, Financial Modelling, and Equity Research to become the candidate that every HR wants.

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