Investment underwriters work with private companies who want to go public and sell shares of their company stock, also known as an initial public offering (IPO), by determining the price of a firm’s IPO stock. They manage communications between corporate issuers of securities and clients pertaining to private equity investments by contacting potential investors, such as mutual funds or insurance firms, and negotiating and structuring the terms and conditions of mergers and acquisitions.
Standard business hours
An investment underwriter will work a 40-hour workweek during regular business or market hours. When negotiations are intense and deadlines need to be met, they can anticipate working evenings and weekends.
This position will also require a modest amount of travelling – locally and internationally – to meet clients, investors and other business professionals or lay out company stocks.
Annual salary estimates are based on percentile wage data collected through the Occupational Employment Statistics (OES) survey of US workers.
DVM / VMD degree
To become an investment underwriter, you will need to possess a bachelor’s degree in accounting, economics or finance. However, if you wish to increase your salary prospects and enhance career opportunities, then it would be a good step to enroll in a Master of Business Administration (MBA) programme.
Once you graduate, you will need to apply for and obtain a licence from the Financial Industry Regulatory Authority (FINRA), requiring you to pass exams and complete additional coursework.
With a stellar portfolio, one that is comprised of numerous successful mergers, acquisitions and IPOs, you will be able to advance to higher-level positions in equity research and investment banking.