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
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.
Is it better to do ER in an IB firm? Or at a counterpart?
Moreover is it possible to switch to a trading position after 5/10 years in ER ?
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.
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)
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.
If you give advices all your carrer couldn't you become the one who execute those advices?
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 !
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