Global Market Sales; Current Indusry

Hi Monkeys, 

Young chimp here trying to learn about the sales and trading industry (specifically sales). 

What is the current state of the industry?

What do graduate sales roles entail?

What is the 5-10-year outlook for the industry? 

What are the exit options from a global market sales role that doesn't include straight sales? 

I would greatly appreciate an answer to one, all, or none of the questions above, or just a ramble.

Thanks,

Monk 

2 Comments
 

Based on the most helpful WSO content, here's what you need to know:

Current State of the Sales and Trading Industry

  • Sales in S&T: Dead-end career path in 2020?: The industry is facing challenges, and there are concerns about the viability of sales roles in the current market. The industry is shrinking, and the person with strong relationships is more likely to survive.

Graduate Sales Roles

  • Ask You Anything: Learning about Sales: Graduate sales roles typically start with fielding inbound interest (SDR), generating interest through outbound activities (BDR), and then moving into closing roles (Account Executive). There are various levels and specializations within account executive roles, including different product lines and industries.

5-10 Year Outlook

  • Sales in S&T: Dead-end career path in 2020?: The outlook is uncertain, with the industry continuing to face challenges. However, the skills and relationships built in sales roles can still hold value.

Exit Options from Global Market Sales Roles

  • Consulting Exit Opps for Introverts: Exit options for those in sales roles can include moving into research or finance-related roles. For example:

    • Research firms like Gartner or Forrester
    • Economic consulting
    • Real estate
    • Investing roles, particularly those that are more quant-oriented
  • IB Associate and VP Exits - Where are you now?: Common exit paths include:

    • Corporate or startup finance/strategy roles
    • Moving to higher-ranked firms or different banks
    • Private equity roles, typically at the mid-market level

For more detailed discussions and insights, you can explore the following threads: - https://www.wallstreetoasis.com/forum/trading/sales-in-st-dead-end-care…</a">Sales in S&T: Dead-end career path in 2020? - https://www.wallstreetoasis.com/forum/investment-banking/ib-associate-a…</a">IB Associate and VP Exits - Where are you now?

Hope this helps, Monk!

Sources: Sales in S&T: Dead-end career path in 2020?, https://www.wallstreetoasis.com/forum/trading/sales-in-st-dead-end-career-path-in-2020?customgpt=1, Feel Trapped, Exit Opps From Sell-Side ER?, IB Associate and VP Exits - Where are you now?, Sales and trading exit opportunities/pay/etc. (please help!)

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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