Analysts - let me get this straight
I don't work in IB/PE or finance at all for that matter; I am actually a medical student. But I do read this forum a lot as I have been offered aanalyst job at a healthcare-focused hedge fund.
I see so many posts here about "slides/deck"-making from analysts, to the point where it seems that's essentially all they do.
I thought at least a part of being an analyst, even in IB, would be to do a little, bond research, etc. Basically I assumed an "analyst" would at least help in analyzing companies/financial instruments/investment opportunities for clients.
You're telling me that these banks pay you $100k a year to re-arrange powerpoint slides? This seems like something anyone that is a high school grad could do.