I am a newcomer to the world of finance and am still trying to figure out the difference between fields like S&T, securities, equities, fixed income, IBD, buyside, sellside, asset mgmt, etc.
I'm assuming IBD is the hardest to break in and the most well-paid at the entry level... but could someone please explain to me how all of these fields differ in terms of job description, skills required, and compensation?
Thanks!
MOD EDIT: USE THE SEARCH FUNCTION
Man, if only there were a way to search this website (or even the whole internet!) for basic information that has been discussed before. Maybe one day
Buy-side: -Asset Management (inst investors, mutual funds, pension funds, HNW indiv) -Hedge Funds -Private Equity -Venture Capital -Prop Trading
Sell-Side: -Investment banking division (ECM, DCM, TMT, M&A, Lev Fin, Synd, Restr) -Sales & trading -Equity research
Other finance: -PWM (brokers, advisers) -Consulting -Corp Fin -Comm Banking -Real estate -Insurance -Ops -Audit -Accounting
http://www.wallstreetoasis.com/frequently-asked-questions-2#Industry
No...go google search those terms and come back with pointed questions.
If you go to his user page he has been starting retarded question topics for over a year now! I could spend over a year on this site in a language I don't even know and have at least some sort of clue whats going on.
Tempora iusto nostrum magnam delectus illo. Nisi quas qui ratione odio consequatur quasi. Corporis voluptatibus labore doloribus.
Laborum quia eveniet officiis nam odio natus. Iure et non est quae sunt. Odit omnis nisi vitae natus corporis. Quia accusamus ea omnis adipisci ea. Est aut ex consectetur.
Aut molestiae porro enim eveniet ut. Et maxime delectus cumque odio error. Itaque dolor doloribus veritatis autem quibusdam. Animi placeat suscipit perspiciatis eveniet consequatur. Quo suscipit sunt rerum dolores corporis nam. Dignissimos occaecati recusandae quia. Rem eligendi et et unde quam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...