Between IBD and S&T: Capital Markets?!
I am currently work at a top tier bb as a sophomore and have the opportunity to transfer to either S&T or IBD for next year. I would not consider myself very quantitatively inclined, but am familiar with the markets and am more then capable of the requisite mental math work (or accounting for finance). I enjoy learning about the markets and staying up on the news/discussing it, but understand that Sales in S&T may be relatively limiting for exit opps
In the same way, I don't know if I want to sacrifice my life for classic IBD and modeling experience does not really appeal to me as it seems to mean you are in excel all day every day playing with numbers. Whether its as an analyst in IBD or an associate in PE, I imagine that would get old.
How do people feel about Capital Markets in that case as sort of a middle ground? I have read many posts on this forum so far, but I am curios how people feel about Lev Fin (non-modeling group), ECM, DCM in terms of pay, exit opps and how interesting the work would be in contrast to more classic IBD or S&T.
Thanks!






do what you enjoy more, and I
do what you enjoy more, and I mean that
skdude wrote: I am currently
I am currently work at a top tier bb as a sophomore and have the opportunity to transfer to either S&T or IBD for next year. I would not consider myself very quantitatively inclined, but am familiar with the markets and am more then capable of the requisite mental math work (or accounting for finance). I enjoy learning about the markets and staying up on the news/discussing it, but understand that Sales in S&T may be relatively limiting for exit opps
In the same way, I don't know if I want to sacrifice my life for classic IBD and modeling experience does not really appeal to me as it seems to mean you are in excel all day every day playing with numbers. Whether its as an analyst in IBD or an associate in PE, I imagine that would get old.
How do people feel about Capital Markets in that case as sort of a middle ground? I have read many posts on this forum so far, but I am curios how people feel about Lev Fin (non-modeling group), ECM, DCM in terms of pay, exit opps and how interesting the work would be in contrast to more classic IBD or S&T.
Thanks!
Are you generally interested in higher salaries and bonuses or do you want to learn a lot ?
http://www.madhedgefundtrader.com/
http://www.tradersmagazine.com/
RexAlpha wrote: Are you
Are you generally interested in higher salaries and bonuses or do you want to learn a lot ?
Well which one is which
Personally I think capital
Personally I think capital markets offer a nice career (emphasis on nice: not great, not terrible) and I like the blend of markets and corporate banking. But to cover yourself only shoot for Lev Fin as the other two pigeon hole.
Oh and:
http://www.mergersandinquisitions.com/equity-capit...
http://www.mergersandinquisitions.com/debt-capital...
-caP1taL1sm..
Are you generally interested in higher salaries and bonuses or do you want to learn a lot ?
Well which one is which
*Low base salary, high bonus
*High base salary, low bonus
*Find a mentor, teaching you everything... Not easily to find in a BB, but in boutique banks
understand ?
http://www.madhedgefundtrader.com/
http://www.tradersmagazine.com/
RexAlpha
Are you generally interested in higher salaries and bonuses or do you want to learn a lot ?
Well which one is which
*Low base salary, high bonus
*High base salary, low bonus
*Find a mentor, teaching you everything... Not easily to find in a BB, but in boutique banks (Gruss Partners or Greenhill & Co)
understand ?
http://www.madhedgefundtrader.com/
http://www.tradersmagazine.com/