Choose Equities or High Yield Credit?

I'm debating between two different opportunities at a large AM: equity analyst or high yield credit analyst. What's the better place to be -- or is it a matter of personality, upside vs. downside? Also feel like the equities space is competitive and under pressure from passive but not sure if that matters.

 

I think HY gives you a more specialized skillset which will differentiate you from more generalists when applying for coveted roles. But again if you are a killer at whatever sector in equities you are covering, the sky is also the limit. It depends. Really is not black and white. 

 

Voluptas ratione omnis reprehenderit blanditiis. Accusantium est modi dolorem. Error sunt ipsum maiores temporibus et numquam voluptatem ex. Dignissimos consequatur commodi velit architecto dolorem.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”