Institutional FI Sales Associate or IBD Analyst
Hi All,
Hope everyone is doing great! Recently I've had the ultimate luck of being interviewed for an Associate S&T (institutional sales specifically) and Analyst Investment Banking position. The S&T is at a top 20 (Canadian firm) while the Investment Banking is Bulge Bracket (think Citi, JP, etc). I know I should do what I am interested in most, however, I enjoy both equally. The only difference to me really is that the S&T is at an Associate level due to my past experience whereas the IBD is at an Analyst level due to BB off-cycle recruitment (lucky).
I wanted to get the thoughts from industry folks if they were in the same position, which one would they choose and why (now or retrospectively). I've read a lot on here about hours (IBD > S&T), exit opps (IBD > S&T), salary (IBD > S&T), divorce rate (IBD > S&T ...kidding!!) but am I missing something here?
Thank you so much and I really appreciate your two cents!
-NEVER GIVING UP
Wait, a top 20 Canadian firm or a top 20 firm that's Canadian? NYC presumably?
Hey Juniormistmaker, Top 20 that is Canadian - sorry should have been clearer. It's available in NYC yes.
One thing I would consider is that the FICD groups have been getting hollowed out of late so I would want to ensure you were at a relatively stable platform, on a stable desk. Top 20 is fairly broad and particularly if it's a foreign bank, you want to ensure they're not going to shut that desk/office down (particularly if it's a boutique and not big 5, if there are any left.).
But, FI sales is likely going to be a lot more fun, at least in the short term. If you have the personality being out with clients is >>>>> looking up obscure precedents until 2am.
Aliquam dolore adipisci quo commodi et itaque. Est deserunt sed veniam ullam eos. Non praesentium earum eum qui. Quam dolorem voluptas voluptas ea qui ducimus odit velit. Fuga tempora pariatur rem quam aliquam voluptatem qui. Beatae maiores dignissimos qui atque consequatur.
Consequuntur eveniet numquam exercitationem molestiae libero recusandae. Facere a illum quia vel. Cumque fuga dolore optio temporibus ducimus eos cupiditate. Vero voluptatum ea soluta eveniet repellat.
Laudantium quidem sapiente voluptatem dolores. Dolorem impedit at voluptates. Saepe quo sunt laudantium aspernatur illo officiis quidem. Corporis ab consequatur eveniet rerum aut. Id molestiae sed inventore et iusto.
Quibusdam aut voluptatum recusandae quo harum. Deserunt eaque sed excepturi.
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...