MD IBD V. MD Sales
Assuming they are both average at what they do, average for MDs that is, is the compensation potential the same?
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MDs in IBD on average will make more. Potential will be higher for MDs in IBD, but I don't know what the potential for an MD in Sales would be.
wrong....it is the same, if not higher, in S&T as long as we're talking about one of the more profitable desks
the real question is how hard it is to make MD in S&T (very hard)
Are you sure? Keep in mind its for sales, not trading.
Stop giving out advice, you stupid faggot. You didn't even know what "alternative investing" meant a week and a half ago.
Why would it be any harder than in IBD?
hes right. sales md's make bank. Sales people in general make a lot of money. i know people who on a variety of desks who are like 25-26 making well over 1mil a year.
Which desks?
Heads of sales desks on desks like commodities, structured credit, etc. should be making quite a bit more than the average MD in IBD. On average, sales and structuring make around the same as those in trading do. The difference is that since traders can take a risk position they have the huge upside potential (and also downside potential) that you won't have in sales. So making 50-100MM a year is possible for a trader (albeit very, very rare), but damn near impossible for a sales person
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