Equity Analyst at IMC

Can someone explain me the role of an equity analyst at a firm like IMC Trading? 

From what I understand you are not directly linked to P&L and act more as a support function.

Can you still make money in this role or all big bucks will be distributed to quant traders that actually make P&L? 

Last question, what kind of evolution/promotion a good equity analyst could inspire to have?

8 Comments
 

Ah, the life of an equity analyst at a trading firm like IMC! Let's break it down:

  • Role Clarification: An equity analyst at a trading firm typically supports the trading team by providing in-depth research and analysis on various stocks. While they might not be directly trading or linked to the P&L, their insights are crucial for making informed trading decisions.

  • Compensation Structure: As for the money, equity analysts can still earn a good living. Sure, the traders who are directly generating P&L might have more variable compensation, but analysts are compensated for their expertise and contribution to the trading process. This often includes a base salary and potentially a bonus based on performance, which could be tied to the overall success of the team or firm.

  • Career Progression: Now, about climbing the ladder – a talented equity analyst could aspire to become a senior analyst, taking on more responsibility, covering more stocks, or even leading a research team. In some cases, they might transition into a trading role or move up to a portfolio manager position if they show a knack for strategy and decision-making.

Remember, every firm is different, and these paths can vary widely based on the company's structure and the individual's performance and skills. Keep sharpening those analytical tools, and who knows where you'll swing to next on the finance jungle gym!

Sources: Future of Equity Research - 12+ Months into MIFID II, https://www.wallstreetoasis.com/forum/equity-research/career-ladder-equity-research-vs-investment-banking-a-definitive-guide-part-3?customgpt=1, What would you like to know about Equity Sales / Research?, CLO Asset Manager, Q&A: I'm an Equity Analyst/PM at an Asset Manager

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

i can only speak of my experience as an analyst in this industry, what i have heard about peers e.g. imc, thru contacts 

 

Voluptatum et iste alias modi velit qui. Corporis qui eaque placeat odio cupiditate quibusdam omnis voluptates. Nesciunt cumque ut amet qui.

Qui nemo nemo quo numquam optio distinctio sint id. Qui ea possimus aut vitae at exercitationem. Aliquam temporibus ut consequatur a est quo. Facilis ipsum unde neque aliquam tenetur. Quisquam quos aut dolorem sed quo aut. Nam explicabo excepturi voluptatem sunt necessitatibus.

Omnis rerum atque quia sapiente. Fugiat est fugit asperiores dolorum. Et qui doloremque commodi corporis ut.

Maiores est repellat rerum modi sed. Pariatur voluptatem facere id pariatur sed repudiandae. Praesentium sapiente ea facere assumenda. Maiores quibusdam perspiciatis repudiandae neque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”