Consulting to Long Only HF

I work in strat consulting and I was wondering how likely is a move to a long only HF or equity research buyside? I've been investing on my personal account and I'm so hooked. I'm based in Europe 

7 Comments
 
 

ER ranks are different than IB. You start as an Associate, then VP, the you start getting your own coverage (around 3-4 yrs into the role) if you wish. Most people leave ER by then though.

Depending on the type of shop you are at and what sector you're in, you could be making ~150k all in your first year. Hot sectors are something like Tech and Biotech. Associate roles open up less frequently than IB analyst roles. Do your networking and something well come through

 

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