Buy side execution vs AM advisory vs IB S&T

Hi all,

Hoping to get some inputs with regards to some of the choices I have going forward for career:

A little bit more about myself, I'm currently a final year student studying Mathematics & Computer science at a semi-target. I've done a number of internships, notably at a Hedge Fund (~5-10B AUM) and at the S&T desk at a BB.

My eventual end goal would be to become a Macro PM, hopefully at a large fund (Like Bluecrest, or Millenium etc). I currently have a few options ahead of me, but I'm hoping to get some opinion on what would be the best foot forward to achieve my end goal.

1) Buy Side execution at a large fund (Top 10 globally), I'll be sitting with the execution desk. This role sounds exciting partially due to the exposure to trading, and multiple asset classes they deal with. However I'm a little worried about getting pigeonholed.

2) AM Advisory; this role is slightly unique as it's an advisory role within one of the world's largest asset manager. They seem to advise other large fund managers and central banks on financial markets.

3) S&T at a BB (Think CS/UBS/Barclays); the most traditional route available. This would be with the rates desk.

Thank you in advance for your inputs!

 

Dicta porro laboriosam quis neque dignissimos aut. Voluptatum libero sit eos esse.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”