Currently an analyst in arole (think , , MS). Specifically in the Finance division.
Have read countless posts on this site (thanks to all who have been super helpful over the years) especially on this topic, but most of them arent up to date. So .. hoping to spark this conversation again. Would greatly appreciate thoughts and advice from anyone who can share.
Are the days of going from the back office to the front over? It seems like nowadays the only way is through the school recruiting process or going back to get an MBA and going from there. I too followed the Undergraduate process to land my internship/offer, albeit in Finance. Primary goal was S&T/Capital Markets. Sometimes I feel like I was 20 years too late in the industry. Back then it seemed like if you had even the slightest interest, you'd get a seat. Now it's so much more competition and then not to mention networking. Have been networking extensively.
I keep reading so many things about where to go / where not to go. Banking (great prestige vs terrible hours), research (good experience and in touch with markets vs dying down due to MiFID), sales and(big driver of investment bank business and heavily in the markets vs dying down due to automation and smaller revenue pools).
Background in Finance and MIS.
Would be really happy for this to get as much feedback as possible. I know the number one thing people will say is "it's all where you want to go" which can be easy at times and other times can be quite hard to choose. And study for! For ex- CMBS research vs CLO trading vsloan structuring and trading
These are just a few examples. I know the work and skills in all of these vary. I have been working on trying to narrow down to not come off as vague but I also don't want to kill off any opportunities because they are all great seats and I would be happy to be in those. Not being corny, the goal has been to be in the. How do I bridge this gap?