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Am i too late?

I’ve been considering a career transition into investment banking, leveraging the transferable skills I’ve developed over nearly a decade in marketing. Before I move forward, I’d appreciate your insights on the following:

  1. What is the scope for someone with a marketing background to enter investment banking?
  2. What kind of job opportunities and starting salary ranges could I expect after making the transition?
  3. In what ways could you assist me in landing a role in investment banking?

Looking forward to your guidance.

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Top answer
Simon
Coach
edited on May 05, 2025
Mastering Deals and Strategy | Seasoned coach

Hey,

You're definitely not too late. People pivot into investment banking from all kinds of backgrounds, and nearly 10 years in marketing gives you a unique edge, especially if you've worked on strategy, analytics, or communications at a high level.

It’s not the traditional route, but it’s possible, especially in roles like investor relations, corporate development, ECM, or even M&A at smaller or boutique firms. Your client-facing experience, storytelling skills, and ability to handle pressure are all relevant. That said, you'll need to fill any technical gaps (e.g., financial modeling, accounting, valuation) to be competitive.

If you're coming in without prior finance experience, you may need to start at the analyst or junior associate level. Rough salary ballpark:
Analyst: ~$100–150K base + bonus
Associate: ~$150–200K base + larger bonus
This varies a lot depending on firm size, region, and whether it's a bulge bracket or boutique.

Start building your technical skills and try to network hard, especially with bankers who’ve made non-traditional moves. Happy to help with resources, resume advice, or interview prep ideas if you’re serious about it. You're not starting from zero, you just need to reposition what you’ve already done!

on May 06, 2025
Thank you so much. This truly boosts my confidence. Can you share details of these resources information? also, do you think I'll require an MBA?
Simon
Coach
on May 08, 2025
Mastering Deals and Strategy | Seasoned coach
Hello Rick,

I'm happy to support you! I would recommend you start with a few quality (and free) resources. The Corporate Finance Institute (CFI) offers free introductory courses on accounting, financial analysis, and Excel - great for understanding the basics. Macabacus is still a solid reference for financial modeling, valuation methods like DCF and LBO, and Excel shortcuts. Investopedia is helpful when you need clear explanations of key terms and concepts. It's great for quick reference or to deepen your understanding.

I also noticed that PrepLounge recently added some finance-specific cases to their case library. I haven't gone through them in detail yet, but at first glance they seem useful, especially for practicing finance questions in a case context.

If you feel that your background in business fundamentals is limited, an MBA can definitely be helpful, not only to build that knowledge, but also to position yourself more credibly for a move from marketing to finance. However, an MBA is not absolutely necessary if you are willing to invest time in learning and can demonstrate your skills through practical experience or good interview preparation.

Keep up the good work!
on May 13, 2025
JPMorganChase | CFA® Charterholder | IIFT Delhi (MBA Silver Medalist, Rank-2) | BITS Pilani | DPS (Gold Medalist)

Hi there,

You're not too late to transition into investment banking, but it's a competitive and non-traditional path from marketing. Your transferable skills—like client management, storytelling, and strategic thinking—can be valuable, especially for roles in boutique M&A firms, corporate development, investor relations, or post-MBA associate positions.

If you're willing, I can help you by identifying the right entry points, building your resume and cover letter for finance roles, teaching financial modeling and valuation basics, preparing you for interviews (technical and behavioral), and creating a focused networking and transition strategy.

Best,
Harrshit

Rita
Coach
on May 07, 2025
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation

Hi Rick,
you’re definitely not too late. I personally believe a career switch should always be possible, especially when you bring unique skills to the table. Your background in marketing could be exactly what sets you apart from traditional finance candidates. In a way, you might have the ability to bring a fresh perspective to investment banking that others might not have and that could be your USP. Think about how the skills you’ve developed in marketing can be applied in banking, such as client relationship management, strategic thinking, or even data-driven decision-making.

To get a better sense of what to expect in terms of roles, job opportunities, and salary ranges, I’d definitely recommend checking out Glassdoor. It’s a great resource for understanding salary expectations and job details for various roles in investment banking.

If you’re serious about the transition, focusing on building your network, gaining relevant skills (like financial modeling), and crafting a clear story around your move will be key.

All the best for your prep!

Rita

PrepLounge
on May 06, 2025

Hi Rick, 
With a strong marketing background and the right positioning of your transferable skills, transitioning into investment banking is absolutely possible.

Start by reading our in-depth article:
👉 How to Build a Successful Investment Banking Career

Looking for personalized support? Explore our Coach Directory and filter by Investment Banking to connect with experienced professionals who can guide you through the transition.

These resources can also support your journey:
📘 Crafting an Exceptional Cover Letter
📘 Models for Finance Interviews

Best of luck on your career path!

1
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