In what fin career can I succeed without modeling
I’m decent at modeling, hate doing it. In what type of role can I make comparable money and never touch a model again?
I’m decent at modeling, hate doing it. In what type of role can I make comparable money and never touch a model again?
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Career Resources
Same boat, following
Sales? The S in S&T
In IB, some of the niche product groups. For example what a lot of firms call "strategic equity solutions", which is focused around derivative structuring and margin financing, that sort of thing. It sounds technical and it is, but if you're smart and get your head around the Greeks then a lot of it is more sales and marketing focused, and writing papers for investment-type committees. There's not a lot of what you'd call modelling in conventional IB (the traders themselves who execute the transaction do a lot of that and you'd interact with them). If you're at a large bank most of them have that or something similar, or other teams hedging FX, etc., which might offer what you're looking for.
Otherwise I'd say that IB, PE, and similar career paths get much less modelling-heavy as you get more senior. As an AN1 you obviously have a number of years to go, but at the MD / Partner / etc. level in all of these paths, it's much, much more a sales role than one doing models.
Consulting
Early stage VC
FSG or cap markets
Activism?
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