I will start by saying that I am by know means active in the finance community yet because I am merely a sophomore, so please if this is a moronic question, bare with me. My question is this:
Why do so many bankers who want to jump into hedge funds and buyside rolls begin their career banking? I mean, wouldn't a jr research analyst or assistant PM position be a better way of gaining the fundamentals of the buyside? Is it primarilly the difference in compensation of analyst level banking positions that is the draw, or do hedge funds and large mutual funds really prefer ex-bankers? Also, if this is the case, why?
Also, is there an edit function to this forum?
Obviously rolls means roles, but a post edit would be nice
it is difficult to end up on the buyside straight out of undergrad. Going to banking for 2 years will give you the opportunity to join larger and more reputable funds than you might otherwise be able to join straight out of school.
Sellside helps build a skillset which is useful on the buyside/
There is an edit feature - look at the top right side of your post.
Culpa rem quaerat et. Voluptatum rerum vero voluptatum vitae ab iusto est.
Ipsam magni unde cum nam quis rerum. Voluptas et omnis earum. Dolor dolorem sunt aut et eum et. Molestias consequuntur qui qui magni rerum necessitatibus.
Quas et vel quidem voluptates. Commodi praesentium quasi est dolorem illum illum. Tempora optio omnis magni error veniam consequatur ut.
Sapiente possimus dignissimos architecto itaque. Consequatur aut blanditiis et occaecati.
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...