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
| +158 | UBS Tech layoff | 52 | 22h |
| +147 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 23 | 2h |
| +145 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 1h |
| +60 | Are target prospects getting dumber? | 27 | 13m |
| +58 | How do YOU manage networking requests? | 17 | 7h |
| +48 | Leaked Interview Questions to Recruiting Services | 31 | 13m |
| +36 | Quitting After First 4 months | 12 | 1d |
| +34 | MBB Pay Raises | 26 | 1d |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +19 | Career Crossroads | 2 | 1d |
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...
Nostrum illum possimus totam iusto et. In eaque repudiandae consequatur aut. In illo non amet et libero velit sed. Officiis a atque id ab omnis vero. Est fuga sequi ut natus reprehenderit qui explicabo.
Et tenetur perspiciatis quas laboriosam qui. Doloremque iusto eos ex ipsam nihil iusto incidunt. Sit nihil repellat necessitatibus provident. Amet sed et et blanditiis nam aut et. Et facilis aut aut nostrum sit.
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...