Education and Career Forum

Sir, I am a B.Com graduate of last year. Cognizant Technology Solutions is scheduling off campus interview for B.Com graduate for Investment Banking post. As I know CTS is IT company then what is work of Investment Banking?

Investment Banking is a field that involves providing financial services and advice to corporations, governments, and other organizations.
Investment Banking services may include:

• Helping companies raise capital by issuing stocks, bonds, or other securities
• Advising clients on mergers and acquisitions, and other strategic transactions
• Providing financial analysis and valuation services
• Offering risk management and hedging solutions
• Supporting clients in managing their investment portfolios
• Providing research and insights into financial markets and trends

While Cognizant Technology Solutions is primarily an IT company, they may offer Investment Banking services to their clients. As a B.Com graduate, you may be hired for a role in Investment Banking, where you would be responsible for supporting the Investment Banking team in providing financial services and advice to clients.

• Cognizant Technology Solutions is an IT services company, so they would not actually hire for direct investment banking roles. The job title is likely misleading or vague.
• The responsibilities of an "Investment Banking" position at CTS would most likely involve supporting investment banking clients through consulting, technology solutions, or administrative/finance functions - not the core banking work itself.
• The specific roles could be business analyst, management consultant, IT consultant, software engineer, data scientist, finance associate, accountant, auditor, etc. The common element is providing IT and business support to investment banking firms.
• The work would include tasks like advising on technology strategies, developing solutions to improve processes, providing engineering/data analysis services, conducting accounting/auditing, and generally enabling the operations and goals of investment banking companies as an external service provider.
• Actual banking activities like managing investments, facilitating M&As, handling IPOs, etc. are unlikely for a role at CTS labeled as "Investment Banking". They would hire for those types of positions from within the investment banking industry itself.