First Job as an Equity Research Analyst in France

Hi Everybody,

I'm enrolled in a Masters degree in a French Business School (Programme Grandes Ecoles) ranked top 6-7 overall in the country.

I feel like ER in France is really tricky to find for a full time because of the IB structure in France (Mostly M&A Deals)

1) Any advices to find a full-time? Would you recommand staying in France or going abroad ?

2 ) Is my school okay to land this job? Or should I consider a MBA?

Thank you in advance

Bigboyberto

Comments (9)

Dec 24, 2021 - 12:59pm

ER is tiny in whatever country you're in. Your best bet is to seek out a slightly bigger market like London (as well as France).

Whether or not you'll be able to get a full time job is dependent on your previous work experience which you've made no mention of.

Dec 24, 2021 - 6:30pm

By a counterpart, do you mean buyside?

Better is subjective. Some people stay in sell side ER because they like it. Some want to do buy side. Honestly most people don't really get a choice where they start because both are competitive and small industries.

Trading after 5-10 years in ER? Probably not. Don't know why anyone would want to move to equity trading anyway.

Dec 25, 2021 - 3:17am

Yup I was meaning buyside

Where is it the toughest to find a job? In an IB or buyside in a boutique?

Don't you want to be part of the trading scheme after years of giving advices? (that's how I imagine ER)

Dec 25, 2021 - 4:35am

Impossible to say which one is tougher.

No, SS ER people do not typically go and become traders (I'm assuming you mean traders at the bank), the mindset and job are very different. SS ER isn't about giving an advice. It's about having an l view and communicating that view.

SSER people do often go to the buyside though. 

Dec 26, 2021 - 4:46am

nutmegger189

That's what going to the buyside is about. But SSER people make recommendations based on a 6-12 month horizon. That doesn't work for a trader. The buyside is about investing.

Thank you !

Dec 24, 2021 - 2:50pm

Pariatur consequatur et natus numquam odit consequatur perferendis. Atque ipsam similique repudiandae accusantium fugiat ea dolorum. Ratione ullam officia et aliquam accusamus ad ad.

Quis est in voluptatibus delectus voluptatem praesentium. Doloremque id commodi placeat quia rerum nam quo. Eligendi esse placeat qui. Sit excepturi cumque ea a. Rerum alias voluptatem aliquam.

Start Discussion

Career Advancement Opportunities

January 2022 Investment Banking

  • Bank of America Merrill Lynch (▲03) 99.5%
  • Evercore (▲01) 99.0%
  • Jefferies & Company (▲05) 98.6%
  • RBC Capital Markets (▲05) 98.1%
  • BMO Capital Markets (▲07) 97.6%

Overall Employee Satisfaction

January 2022 Investment Banking

  • Evercore (▲01) 99.5%
  • Robert W. Baird & Co. (▽01) 99.0%
  • Jefferies & Company (▲16) 98.5%
  • Wells Fargo and Company (▲04) 98.1%
  • Rothschild (= =) 97.6%

Professional Growth Opportunities

January 2022 Investment Banking

  • Bank of America Merrill Lynch (▲05) 99.5%
  • Wells Fargo and Company (▲08) 99.0%
  • Evercore (= =) 98.6%
  • Jefferies & Company (▲03) 98.1%
  • RBC Capital Markets (▲07) 97.6%

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (20) $379
  • Associates (143) $238
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (295) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (225) $90