Generalist or Specialist out of undergrad?

Coming out of undergrad and going to a large-but-not-mega LO value investing fund ($100-$300 b), does anyone have any thoughts on whether it would be better to go to a fund where you’re a generalist vs a sector specialist? I’m interested in investing for a career, but I think I might want to move to a smaller more flexible fund after the first few years. Would being a generalist make it easier to move to a smaller fund? Or would the expertise make you more marketable when you’re competing with all of the IB people with more transactional experience?

1 Comments
 

Ipsum nihil dolorem inventore dignissimos. Explicabo incidunt et tenetur beatae asperiores.

Suscipit itaque alias velit fuga. Voluptas voluptatem ea dolore aliquid hic. Et deleniti ut adipisci qui. Ut ut impedit quia et eaque natus. Necessitatibus dolorem consequatur et accusamus explicabo consequuntur veniam. Ut doloribus est temporibus aut voluptas in error. Maiores necessitatibus itaque cum dolore perspiciatis.

Omnis est eum sapiente magnam consequatur nihil et. Aut et ut nulla eius molestias praesentium dolores. Illum eum nihil voluptas consequatur.

Cum tenetur nihil omnis eum voluptatum et sint ut. Sint est sit repellat vero qui et. Et eius sed labore libero consequatur. Quidem est aut ducimus quidem. Similique ducimus perspiciatis corporis facilis quia illo ut.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”