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
| +85 | [2026 - October] Unbiased Prestige Rankings | 50 | 20m |
| +85 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 18 | 1d |
| +66 | You should probably leave IB | 26 | 5h |
| +45 | Why Do We Turn Comments? | 10 | 16h |
| +44 | McK vs A&M Offer Decision | 24 | 1h |
| +43 | Tomorrow Will Be Better | 5 | 2d |
| +40 | Moelis PCA vs Lower tier BB Coverage | 29 | 4h |
| +24 | How much should you ask questions / seek feedback as an intern? | 8 | 12h |
| +22 | UBS’s Investment Bank Is Building an AI Slop Factory | 3 | 1d |
| +22 | Lateraling as Analyst | 18 | 2h |
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...
Qui natus tempore temporibus natus earum. Voluptas eaque ut atque est iste nobis illo consectetur.
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...