Admitted to CBS... Should I pursue the buy-side?
Starting school this Fall, background is in ER. Dream career is working at a value oriented HF or traditional asset manager. Not as interested in the multi-manager platforms since I wouldn't have pursued an MBA.
Beyond even obtaining a role post-MBA , there is the concern of being irrelevant as a fundamental equity analyst in 15+ years. The industry is obviously changing, and tbh does the world really need another person determining the right P/E multiple for Target?
All that said, I enjoy the investment process and the job's lifestyle compared to other roles. I see it more as a craft that I can develop over my life, rather than a means to earning a paycheck.
Hypothetically - let's say I had a choice between MBB or a solid buy-side role. What would you recommend I take. Nothing intrinsically draws me to consulting outside prestige and exit opps.
If the right choice is MBB, then I won't finish up the CFA and instead of focusing on pitching stocks I'll work on casing instead.