MD IBD V. MD Sales
Assuming they are both average at what they do, average for MDs that is, is the compensation potential the same?
Assuming they are both average at what they do, average for MDs that is, is the compensation potential the same?
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MDs in IBD on average will make more. Potential will be higher for MDs in IBD, but I don't know what the potential for an MD in Sales would be.
wrong....it is the same, if not higher, in S&T as long as we're talking about one of the more profitable desks
the real question is how hard it is to make MD in S&T (very hard)
Are you sure? Keep in mind its for sales, not trading.
Stop giving out advice, you stupid faggot. You didn't even know what "alternative investing" meant a week and a half ago.
Why would it be any harder than in IBD?
hes right. sales md's make bank. Sales people in general make a lot of money. i know people who on a variety of desks who are like 25-26 making well over 1mil a year.
Which desks?
Heads of sales desks on desks like commodities, structured credit, etc. should be making quite a bit more than the average MD in IBD. On average, sales and structuring make around the same as those in trading do. The difference is that since traders can take a risk position they have the huge upside potential (and also downside potential) that you won't have in sales. So making 50-100MM a year is possible for a trader (albeit very, very rare), but damn near impossible for a sales person
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