Exit opportunities after research division (not ER) at a bank

Hi guys,

First, sorry that it doesn't necessarily fit ER, however, I didn't know which forum would be most appropriate.

I am studying BSc Economics and am interested in economic research, but have no aspirations of going into academia. Now I am thinking about interning at a research division (not ER) in a BB. What would be the exit opportunities assuming I would work there. Will working at a research department in a BB provide me with a stronger Profile for FT IB recruiting?
Also, what is the salary in such a division, as it is not necessarily revenue-generating as ER is?

Thank you in advance!

 
Best Response

you must google first before asking

is this what you are looking for?

https://www.glassdoor.com/Salary/Goldman-Sachs-Research-Analyst-Salarie…

https://www.linkedin.com/jobs/view/11487837

http://www.indeed.com/q-Global-Investment-Research-Goldman-Sachs-jobs.h…

http://www.indeed.com/q-Global-Investment-Research-Goldman-Sachs-jobs.h…

http://campus.bankofamerica.com/program-detail/emea/global-banking-and-…

https://www.credit-suisse.com/it/en/investment-banking/indices-research…

https://www.dbresearch.com/servlet/reweb2.ReWEB?rwnode=DBR_INTERNET_EN-…

https://www.linkedin.com/title/global-macro-research-analyst

https://www.linkedin.com/title/global-macro-analyst

https://www.efficient.com/pdfs/Global_Macro_Hedge_Fund_Investing_An_Ove… -- old

https://www.glassdoor.com/Salary/Goldman-Sachs-Research-Analyst-Salarie…

the ease of transition from the private to the public sector will depend upon the culture in your country, either way government salaries generally tend to be lower than those in the private sector

also the extent to which the top tier banks in your country will have a global research division/position will depend upon how well developed your country is, so only people in your country can give you relevant advice

 

Thank you for your input. Of course I googled it, but I would like to hear more about first hand experience rather than some dodgy facts from Glassdoor ... I was thinking about BB's in Germany, so I assume they have research divisions. So when ending up in a research division, will you be stuck there or are the exit opportunites diverse?

 

not in Germany so I cannot say how restricted/diverse the exit opportunities are, just check the career path of people in Germany in research roles that you are aiming for, as a general rule it will depend upon your networking skills, being a native German and going over there to study/work also makes a difference due to work visas and other red-tape issues regarding work-status of students/employees going for full-time work, if you are German then try your alumni (assuming you are studying in Germany), ask them

 

Hey Brightcake, I'm here to break the silence...any of these links help you?:

  • Investment Banking Analyst: A True Day in the Life business school opportunities, etc., bulge bracket banks offer top class exit opps for all of them. Even ... resume is one of the greater appeals of working for bulge bracket or elite boutique. Boutique exit opps ... Don't be mistaken; exit opps are still good coming out of boutique investment
  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige Thoughts on Best Investment Banks @mergersandacquisitions78 offers some great, qualitative insights on ... various investment banks based on his senior-level experience: Note: from 2014, so things might have ... This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ...
  • Bulge Bracket Latin America Investment Banking- Summer Analyst What is the overall perception of investment banking Latin America coverage groups at bulge ... brackets (JPM / BAML / Citi /CS)? Which are the strongest? How are the exit opps into PE / VC or HF? I am ... from the region and am thinking of interning at one of these. Latin America Bulge Bracket Latam BB ...
  • Why would a person select a Boutique over a Bulge Bracket? investment bank. BBs can offer great exit opportunities, reliable deal flow, and much more. Taking a EB over ... I got, seems like everyone is a die hard boutique fan that needs their prefitge exit opps. ... a BB is like taking a medicine for cancer instead of taking the cure. By the tell of the monkey shit ...
  • Thoughts on these Non Bulge Bracket Investment Banks trading. While I'm throwing apps out to many of the bulge bracket banks, I've been targeting ... over the past few hours and wanted to get your perceptions on different banks. Well, anyways, some info ... about me. I'm a junior interested in a summer analyst position in investment banking and not ...
  • Bulge Bracket vs. Middle Market some reasons why BB and MM differ. Obviously I know the bigger banks have more prestige and work on the ... a BB? Is it just exit opps and resume boosting? and if its that, is it that big of a boost? I just ... any difference? I know I'll be working the same hours as a BB analyst based on what I was told at ...
  • A Few Observations on Banking Exit Opps place, how people should think about exit opps, what groups are best, etc. This has resulted in a lot of ... doesn't really matter at a certain point. If you're at a bulge bracket or elite boutique (pretty much ... any office of any BB or EB) then you will have access to top exits. For those of you at MMs /lower MMs ...
  • Equity Research Exit Opps in LA Hey everyone, I am an equity research associate based in LA and looking at exit opps that are also ... there really are that many), and looking to do a transition to the buyside. I did investment banking in ... nyc at a bulge bracket before this for a little over a year and came from a semi-target undergrad ...
  • More suggestions...

If we're lucky, maybe I can guilt some users to help you out: ibvelaine Schlaht donkc1990

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

I would like to target a role in the career path of portfolio manager, but I understand no one is getting straight into that.. So I guess a similar sort of analyst role where I give recommendations to the portfolio manager.. if I understand the career path there correctly.... I've been doing research of the investment banking industry for 3 years.. to look at their strategy etc to support consultants... So there can be any kind of topic from cost of funding, balance sheet analysis, profitability ratios, etc. to stuff like marketing or industry regulation

 

In my other answer above I talk about more or less the kind of research I do, although there are other topics I cover but that's the main stuff.. It can teach you a lot straight out of college but after a while there is not that much more to be done... work life balance is up to you most of the time, although there is a lot of pressure to work long hours and the comp does not really make up for that... but if you push you can get a good work life balance, it's just you do need to work for it

 

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