Does anyone here cover the Financial Services sector in research? If so, how do you like it?
It seems as though it would require skills/knowledge that are fairly unique and not quite transferable to other sectors. Would you say this is the case? If you take a job covering Financials are you likely stuck with that sector for good?
Long-story short, def try to cover things in addition to financials. Also cover EBITDA and FCF driven businesses. If you can do both (first hand experience) you are uniquely positioned to exploit opportunities as they come up regardless of origin if you are on the buyside.
What kind of financials will you be covering?
There are some sectors of "financials" that are valued through EBITDA and FCF. Although if you are just covering stuff like insurance and banks, then I think your concern is pretty valid.
Interned covering this...interesting stuff because a lot of macro plays in. Like anything else, who you learn from is critical. My MD was awesome and I learned a ton, but definitely requires some different thinking at first. Enjoyed it though.
It's an important (and lucrative) sector to be in, but it does pigeonhole you significantly. A career choice.
Libero deserunt quis nihil consequatur est laboriosam temporibus quaerat. Qui non non rerum corporis.
In enim beatae dolorum ex nisi tempore. Vero harum delectus earum labore. Aspernatur fuga quia quod esse. Ut ratione dolores tenetur dolorum soluta facilis iste voluptatem. Modi nihil inventore eius voluptas iure sed accusamus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...