Do investment banking professionals need any sort of license to work in the investment banking industry?

Investment Banking CertificationQuestion: Do investment banking professionals need any sort of license to work in the investment banking industry?

Answer: As opposed to fields such as law, medicine, and even accounting, investment banking is not typically associated with any sort of industry licensing. The only relevant certifications that some investment bankers choose to pursue are the Series 7 and/or Series 63 exams. Series 63 is associated with the North American Securities Administrators Association and the Financial Industry Regulatory Authority (FINRA); it qualifies candidates as securities agents.  Series 7 is maintained by the Financial Industry Regulatory Authority (FINRA) and is the required exam to become a registered representative of a broker-dealer in the United States. There are some legal requirements surrounding the offering of securities to investors, but lawyers are used for the relevant tasks on these deals.

Read More Frequently Asked Finance Questions

Tags: Credentials needed to work in the investment banking field, Credentials needed to work in the investment banking industry, License for an investment banking expert, License for an investment banking professional, License for an investment banking specialist, License needed to work in the investment banking field, License needed to work in the investment banking industry, License tips for working in the investment banking field, License tips for working in the investment banking industry, Required licenses to work in the investment banking field, Required licenses to work in the investment banking industry

About Richard Wilson