Comments (8)

May 14, 2022 - 6:55pm
fishsticksallday, what's your opinion? Comment below:

I was thinking equity research is much more fun, higher earning potential and it would be cool to open up my own fund / become PM one day. 

However I've read some negative things about ER such as it's shrinking, there's a low turnover rate so hard to progress, and it's 'too many people changing too few dollars'. 

May 14, 2022 - 7:08pm
dickthesellsider, what's your opinion? Comment below:

Oh equity research is much more fun for sure, compared to actuary (used to be one, I was near-ASA without modules). High earning potential true too, but it's worse work life balance. If you want to open up your own fund / become PM, equity research is definitely a good mid-way job. 

ER shrinking is not a variant view for a while, but at its current state, how much smaller can it? It's definitely hard to progress to senior analyst (with coverage), so most leave by that stage. 

May 15, 2022 - 3:48am
fishsticksallday, what's your opinion? Comment below:

Thanks man, just wondering, was breaking into buy side hard and why did you want to leave sell side? 

I'm actually far less qualified than you btw - I'm 2 years out of undergrad at the moment and not close to getting my ASA. I work in P&C pricing. 

May 15, 2022 - 11:01am
dickthesellsider, what's your opinion? Comment below:

I never wanted to be on the sell-side. My goal pre-MBA was to get to buy-side eventually. 

Breaking into buy-side is hard. I have written an article on it, take a look. All my articles about breaking into sell-side is there too. 

I was trying to relate to you by sharing my near-ASA status. Whether you are FSA or FCAS doesn't matter, it can help in getting you an interview covering insurance stocks, but you know best how hard those exams are. 

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