Discrepancy Between IB and ER Demand
So generally IB is better compensated and more prestigious than ER, and seems to be a much more competitive space with a higher quality of candidates.
However, in terms of exit opps clearly the main focus tends to be either PE (for IB) or HF (for ER) just in terms of transferable skills. But if generally people are split 50/50 between these exit opps (in the case of the WSO poll HF is even more so at 21% compared to 18% for PE) why is the demand between ER and IB at the entry-level so different? Is it just because of comp. even if it's only for 2-3 yrs max?