Nov 09, 2023

Private Credit vs Public Equities

Between private credit and buy-side equity research, which (in your opinion) has the best comp / culture / learning potential / WLB combination? I realize that these are extremely different careers, however, I am genuinely interested in both investing styles.

Asking as someone who is looking to optimize for a long term and sustainable career in investing. Thanks all!

 

Everything except comp and learning potential probably goes to buyside equities however you cannot really generalise culture in an industry. Learning potential - idek what this means? Equal I guess?

Secular growth trends (not one of your criteria but important) goes to private credit.

Seems weird to me that you're not interested in buyside credit research though? In which case the secular growth trends are not as challenged.

 

Dignissimos excepturi sunt est aut doloremque est provident. In voluptatum eveniet vero neque delectus voluptates. Perferendis perferendis iure explicabo architecto.

Aperiam sed qui aut distinctio. Nisi molestiae tempora occaecati aut illo.

Praesentium soluta et temporibus ea sunt. Debitis quia pariatur necessitatibus totam minima.

Voluptas dolor porro maiores fugiat velit rerum quibusdam eum. Voluptatibus porro molestias cupiditate ut est. Dicta sit enim sunt aut perspiciatis quia. Nam non provident laboriosam ducimus eum.

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

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...”