Trending Content - Investment Banking Forum
| +309 | UBS in Shambles as Proposed $100k H1B Fee Looms | 67 | 5d |
| +105 | I think I’m logging off after ER visit | 21 | 4d |
| +97 | Article: UBS Quietly Hollowing Out Its Onshore Workforce and Rebuilding the Bank in India | 25 | 5d |
| +91 | Fitting In as a first gen | 28 | 1d |
| +81 | Is it Bad That I ALREADY Don’t Care? | 24 | 1d |
| +52 | Consulting Son or CorpDev Daughter? | 6 | 3d |
| +47 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 5 | 21h |
| +46 | AI Creating More Work | 15 | 44m |
| +45 | Shit PWP Culture | 32 | 1h |
| +44 | How easy was recruiting for you? | 21 | 3d |
Career Resources
you make no sense
bleh i mean are those typical career paths
Yes, those are the typical career paths, and the analogy is "legit" I guess. But just remember that it's not that cut and dry. Plenty of traders fail and are not good enough to get a job at a hedge fund. And IBD analysts can exit to hedge funds.
One thing I can guarantee, though, is that people never go from the trading floor to an LBO fund. At least, not junior people.
I don't have experience in the field, but from what I have read it seems that what you're saying is generally true. I'm sure there are a lot of exceptions though
kind of, though there are far more hedge funds than there are s&t analysts that would exit to them, and there are far fewer private equity firms than there are IBD analysts. also, PE is not market neutral (guess how many of these guys will be around in the next downturn) while funds can have strats. to make money in any direction or keep themselves market neutral. keep in mind, IBD kicks out their analysts after two years (most legit S&T shops will sign their analysts on as permanent employees), so they have to find a job, or go to bschool, or go bust. but these guys are essentially cheap monkeys, kept on to add process value, and there's no guarantee for PE, even from a BB, much less so for a MM. IBD analysts might exit to a HF with fundamental strategies, though probably rarely if ever to something like global macro or quant. equities. its just the nature of what they do; IBD learns on a pretty narrow dimension some of the accounting behind companies, while Traders learn financial markets (even if they trade only one product, the principles are generally applicable to others)
So your saying Trading prepares you better than IBD does? I have never heard that, I have always hear Trading gives you a very small skill set that is not transferable to many places
That is what people in banking tell you. Trading is much more broad than banking. Some desks actually do PE like activities. Some credit desks require a lot of fundamental analysis. Then some desks, you just make a market in treasury securities like a true cowboy, or at least they might want you to believe that.
Et voluptatem at quidem doloremque quae asperiores autem. Reiciendis incidunt qui delectus molestiae voluptatem recusandae dolores qui.
Id voluptatem adipisci ut. Minima vitae quidem tempore id sunt. Minus nihil incidunt tempore assumenda voluptatem magnam iusto.
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...