Should I Apply to Sector-Specific Coverage Groups?
When, does it matter if the position is for a specific coverage group (I.e. Healthcare, Tech. etc...)? Throughout my networking, I've talked to guys who had not much prior knowledge on the specific vertical that they operate in. Obviously, if you go the traditional and get a return offer, you get placed into different groups. But this is my situation: I just graduated this past spring, markets in a role that essentially feels like investor relations (I've stayed at the role bc it allows for job search easier considering its remote, they're sponsoring me for my 79 & 63, and it looks better to search for job when you have current "investment banking analyst" on the resume rather than unemployed). That being said, as i apply to jobs, i frequently come across jobs described as "IB Analyst - Healthcare" for example. If i apply to this job, is it expected that i know a significant amount about the HC industry. And if so, to what extent? What would i need to know to land a job. Or should i just avoid these specific positions?
Thanks for all the help!