Module II· Why IB / Why BankingIntermediate
Question
How do you differentiate IB versus Sales & Trading / Asset Management in a 'Why IB' answer?
Answer
Sales & Trading and Asset Management focus on markets, securities, portfolios, and investment decisions. IB focuses on corporate clients, M&A, financing, valuation, and transaction execution. A strong answer says you like markets, but you are more interested in advising companies on strategic and capital-structure decisions than in daily trading or portfolio allocation.