Fixed Income Research/ Analyst out of UG
Generally speaking, is fixed income more difficult to get into relative to equity research out of undergrad? I would assume that a desired fixed income analyst would be a quant msf or something, rather than just a typical finance or econ major out of undergrad... what do you think?
Fixed income is typically split into different functions. FI Strats is more quantitative (of course, different banks have different structures as well), however many places do have FI fundamental analysts. Not sure if it is "harder" per say, however I think that finding a FI fundamental research job is a little more difficult than ER as they are typically not disclosed as being a part of any analyst or rotational program and spots are fewer.
Anihilist, is networking the only way to break into FI research then? Do you know the exit ops for FI research analysts? I assume their exit ops are much better than FI trader?
As for the OP, I read an article not too long ago about a girl from Beijing who broke into CS Fixed Income Research. Check this video out:
I'm honestly not positive on this. I'm in a very unorthodox situation myself, but I think that there are programs in FI trading where you can work as a desk analyst at many BBs. FI trading is a very broad term, so I won't make that comparison, but FI fundamental research (exit opps differ from strats/quant) exits are typically a L/S credit fund, distressed/HY fund, or something in AM.
Have heard of some people also going into ER, and where I work, one of the traders on the desk used to have my job in research.
Et excepturi recusandae id enim quo maiores voluptas. Odit eos asperiores ut laborum debitis aliquam ut. Nam id natus dolores dolorem perspiciatis quos. Aut quisquam ipsam ullam omnis.
Et voluptatibus quasi omnis quam sit maiores quibusdam. Nostrum et sapiente tempore sapiente corporis. Minima dolorem nobis repudiandae esse sit odit architecto asperiores. Sed recusandae id optio aperiam rem voluptatem.
Voluptate et expedita corrupti praesentium eos. Officia ipsum minima doloribus consequatur. Qui sint mollitia distinctio perspiciatis natus et. Blanditiis quo voluptate modi. Aperiam officia deleniti occaecati sit qui vel. Deserunt vitae tempora autem et animi.
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...