I get confused all the time. Some people said that they’re totally different, but some said that corporate finance is one of the functions in investment banking. Can you please explain?
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Corporate Finance has to do with the accounting internal to any corporation.
Investment Banking facilitates business expansions, acquisitions, mergers, Initial Public Offering, etc.
The biggest difference is . .. The Corporate Finance guy might make 6 figures. The Investment Banker, if successful, can make 8.