Retail/Consumer - ER Associate Interview

Hi Guys,

I have a couple of questions about interviewing for an Equity Research position in the Retail/Consumer space. The firm in question is a large North American bank.

I have a year's experience as an Equity Research Associate at another large North American bank within the Agriculture sector. I'm looking to make the move mostly because I'm not that keen on Agriculture and it just so happens that this new Retail/Consumer position came up.

1) Are there any Retail/Consumer guys out there who can shed some light on what are the key drivers in understanding this sector (employment, gdp, consumer spending etc..).

2) The Agriculture sector is very fast paced as it is so commodities driven. I would say it is one of the livelier sectors out there. How would you rate the Retail/Consumer sector in ease of coverage compared to say Banks, Tech, Telco, Gold, Oil etc.?

3) Are there any other ER Associates who have changed between sectors that are so different? If so, how did your interview flow when the Analyst tried to understand why you wanted the switch?

Thanks.

Best Regards,

CanadianER2010

3 Comments
 

Nihil delectus possimus sapiente numquam alias. Autem consequatur voluptas maiores ab at consequatur. Enim pariatur aperiam quo aliquid. Mollitia eum maxime itaque repudiandae sint reiciendis perferendis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”