S&T or IM?
For someone interested in eventually getting into buyside trading, would it be better to aim for S&T or IM depts of a BB?
Trending Content - Investment Banking Forum
Career Resources
s & t
s&t
Depends on the desks/firms/roles. It also depends on your timeline. If you're looking to make a move to the buy-side following a 2-year analyst programme in S&T, you need to get some legitimate experience in the trading role.
If you were to get a role in IM as, say, a junior portfolio manager, I would say that role is better. That's generally an associate position, though, and most analysts in AM/IM don't start in that sort of role.
Given that, I'd say S&T is your best bet (unless you get stuck on sales).
BTW, I'm assuming you want to get into a PM role, and not a buy-side execution position. That's why my advice is what it is.
wow interesting - thx for the replies. i'm surprised they seem to heavily favor S&T since IM sides would have a lot of the banks' hedge funds etc. could you flesh out a bit how S&T can lead to a buyside role? i would think there was danger of getting stuck in sales/client execution there...
and yea guess i should have mentioned this is for someone (not me) who is applying for a summer associate position...
Voluptatem eum dolor iste odio. Rerum qui nihil animi cupiditate. Voluptas ut error consequatur.
Dolore distinctio rerum corporis magnam et repudiandae quis. Iste ut consequuntur cum voluptas voluptatibus voluptatibus. Voluptatum ut debitis recusandae aut sapiente. Alias laudantium quia delectus necessitatibus quibusdam recusandae sed rerum. Rerum animi sit distinctio et unde omnis veniam.
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...