Entering Equity Research at this point in the cycle in Europe? A super dumb idea?

Hi all,

I was wondering if moving to ER in a Mifid II environment and at this point in the cycle would be a bad move? I’m currently not in equity research and have good job security currently (not in the division I want). Should I stay put for now?

Thanks!

3 Comments
 
Most Helpful

Depends on a whole bunch of things, but if we're talking from a pure career perspective, yeah. If this was US side i'd strongly caution you, but given you're in Europe, you better be damn sure you know what you're doing.

If you do go through with it, go big or go home. i.e. don't go to a boutique, it will not end well; instead make sure you go to a well capitalized BB and specifically an analyst with a very strong reputation in a big sector. Barring that, it's probably a stupid idea to jump in now.

 

Iure pariatur inventore eveniet qui nostrum enim maiores illum. Eum aut nulla voluptatem voluptate corrupti. Fuga officiis aut culpa ullam corporis.

courses
Elite Modelling Program
We help you thrive in the most prestigious jobs on Wall Street Oasis
testimonials
What Students Say About WSO
We help you land the role or you get free tuition

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”