Career Help
What do you think the preconceptions are for someone on the sales side in S&T and how difficult would it be to break in as an analyst at a HF? What would you do if you were in a sales role and wanted to break in?
Would you try and move into an IB role or ER role and then try breaking in or would you just try and directly recruit into a HF after a couple of years in the sales seat?
Would curating your investment philosophy while in the sales seat and touching up on modeling be a waste of time?
Any thoughts would be greatly appreciated!
Learn modeling, accounting, valuation, fundamental analysis. Develop stock pitches and talk to your clients (the latter is what you already do anyways).
Good thing is you hear your ER analysts pitch you ideas every day. The bad thing is buy-side is the business of saying no, the sell-side is the business of saying yes (to all ideas). So you need to develop good ideas for your own job search purposes.
got it thank you. besides learning the fundamentals, would I have to jump to a more analytical role before joining the buyside or can I do it by doing everything you lined out
People have gotten to buy-side in many ways.
A more analytical role like IB or ER makes your story easier to tell but IB/ER is not your end goal, so you need to grind it out for at least another year. Also a higher chance of getting interviews doesn't guarantee higher chance of getting jobs because neither IB nor ER trains you how to think an investor.
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