Hi everyone,
I have read a few posts explaining how Real Estate and FIG are groups that will give you a different skillset- in certain way, that can pigeonhole you and make it more difficult for you to transition into a more generalist sector (i.e., generalist PE, or Corp Dev, etc.)
However, I was wondering about healthcare. Is the modelling in healthcare very different? Would you say that you can be pigeonholed in healthcare if you start there as an analyst? Or is it a group with ops similar to Industrials/Consumer/etc (i.e. more generalist groups)
Thank you for your answers!
bump
Healthcare is a really great spot to be if you want a solid generalist experience. Of course it'll vary from bank to bank, but most groups cover several verticals within the broader healthcare sector: pharma, biotech, devices, managed care, services, HCIT, etc. What's great about this is that every vertical is sort of analogous to other, larger industries. For example, HCIT is most similar to software, biotech is like pre-revenue start-ups, managed care is similar to insurance companies you might work with in FIG, services are typical EBITDA driven businesses and are usually owned by sponsors, etc. Ask your staffer to work on a variety of verticals or, if you have an affinity for a certain one, you should be able to focus on it.
But to answer your question, no, you won't be pigeonholed as a healthcare analyst. It's a great opportunity to learn about all types of business models.
Thanks a lot for a detailed answer.
Another question: there is this myth that you need a PhD for a career in healthcare PE or IB, or that it would definitely help. What is your take on this? I guess this would more relevant for sectors like biotech?
Debitis non eligendi nihil cum molestiae. Sunt dignissimos architecto saepe nostrum nihil. Est aut consequatur voluptatem id commodi explicabo eum vitae. Quas nobis eos assumenda odio nam. Accusantium incidunt rerum magni ea enim alias. Veniam nobis sed enim quae. Omnis ut nesciunt fugit numquam ab consequatur.
Quibusdam esse quia quia ipsam error aut occaecati. Explicabo facilis mollitia maiores doloremque aut ab culpa. Occaecati voluptatem autem sint qui molestiae neque. Et id et totam voluptas itaque id neque.
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...