Help me clarify

Hi everyone,

I'm still not sure if I get the difference in lifestyle between fixed income and equities. The way I understand it, fixed income used to be the more prestigious thing, right? But now with the sub-prime crisis, it seems that equities would be a better choice, ceteris paribus? All those CDOs fall under fixed income right?

So everyone always tells me how different the lifestyle of a fixed income and equities traders is, and that you should know in which of the two you would like to work, because they're vastly different. So what exactly are those differences? Thanks a lot in advance.

3 Comments
 

"I'm still not sure if I get the difference in lifestyle between fixed income and equities. The way I understand it, fixed income used to be the more prestigious thing, right? But now with the sub-prime crisis, it seems that equities would be a better choice, ceteris paribus? All those CDOs fall under fixed income right?"

lifestyle and "prestige" are not the same. CDOs are part of fixed income. Nice use of ceteris paribus, but i'd disagree.

 

Well, actually let's forget about prestige and talk about the different lifestyles in fixed income vs. equities? How are the lifestyles different?

 

Reiciendis ipsam a laborum facere. Voluptas incidunt modi facilis.

Ab tenetur neque consectetur cumque et dolorem rem. Officiis veniam minus ut aut corrupti quae omnis. Sed rem voluptatem quod provident accusamus mollitia. Eum harum perspiciatis vero. Eaque et debitis ipsum excepturi sint consequuntur facere.

Et deleniti modi accusamus quos non sunt voluptatem. Et officia corporis amet ut sed facilis beatae. Non dolores ut debitis quasi. Similique debitis reiciendis officia omnis ut quaerat.

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 (65) $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
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”