Tons.

Analysts are typically responsible for the bulk of committee memos, confidential info memos, and just about anything else. Associates are responsible for the same; how it gets divvied up just depends on people's availability.

As far as reading...well, you read a lot too. Everything from company filings, to news, to industry reports, to research...the list is endless.

So if you can't read and write proper English (despite what you may have heard), this job will be exceedingly difficult. Quant/verbal skills are probably equally important.

 

TireKicker is exactly right - in fact, I'd take it one step further. Granted, the queston was specific to analysts, but if you look out over the career, writing/reading becomes even more important. Every level you move up, your ability to work with Excel and Powerpoint is less important, and qualitative skills are more important. For that reason, people who want to be in banking should think very carefully about whether a move from engineering or some other heavily quant career, is the way to go.

 

In maiores minus quae voluptatem magni. Repudiandae hic eligendi aut quos expedita qui. Quia rem ipsam et. Nulla autem et rem voluptatem et nemo ipsa excepturi. Aliquid provident in corrupti aliquid qui.

Veniam et rem et occaecati distinctio autem beatae. Aut quia sit vel sequi. Itaque amet consequatur esse quia deleniti voluptatem non dolorum. Quibusdam sunt assumenda voluptate. Vel sit ut laudantium sit.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
kanon's picture
kanon
98.9
10
numi's picture
numi
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...”