How to get into Fixed Income?
Hi all,
I suppose this isn't as much a how to guide but WSO posts mainly about the IB analyst (target school, good GPA, Extra curriculars, maybe an internship before your junior year. internship junior year= subsequent job offer).
One thing I don't hear much about on here is how people get into fixed income or how the life is in terms of work/life balance. Anyone care to share a day in the life?
Where in fixed income are you aiming for? DCM? Trading? Research? Origination?
DCM and/or Trading
Coming from equity sales I would think it's pretty easy to network if your shop has a desk. When I worked near the HY cap markets team I felt bad for those guys: all the hours but all they seemed to do was maintain spreadsheets of deal data...was not for me.
Lev fin is a great gig as you see a lot of deal flow in most markets and work on sponsor deals->great exits. Can be a lot of hours.
A lot of ways. If you're asking about ways other than getting into a LevFin/DCM group straight out of school....
Equity Research, Credit, Debt Sales....all transfer well to Fixed Income. If you go onto the Doomberg terminal and search for fixed income jobs you'll be surprised how many of them want somebody with corporate credit experience as opposed to IB.
Best Way to Break Into Fixed Income Research? (Originally Posted: 03/30/2017)
Besides networking, I am looking for other ways that I would be able to break into Fixed Income. I have an ER and PWM internship under my belt but looking for ways to show I am interested in fixed income has proven rather difficult. Any ideas?
fixed income is huge...corporates, securitized products, munis??
I'm more interested in corporates but would not rule out securitized products if I had a choice.
assume you're referring to buy-side...clearest path would be sell-side research...possibly could break in from credit risk or ratings agencies
entry level positions?
Getting to be a Fixed Income Trader (Originally Posted: 04/05/2014)
Hey,
So I want to become a Fixed Income Trader and am curious which one of the two jobs would offer me a better track.
The first is in Western NY as a Middle Office Fixed Income Analyst, basic operations role and will have exposure to derivatives if I get placed in the right unit.
Second is in Georgia, Big International firm and the position is a Jr PM of Fixed Income. Isn't operations but ask far as I know there will not be any exposure to derivatives. They do traditional bond investing.
I have feeling the second because I hear it can be a big hurdle getting out of operations.
Any input would be greatly appreciated. Thanks!
The second one, FO always over BO.
I second with guyfromct
The second option would be best hands down. Pm me.
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