From what I understand, both roles can end up doing similar types of work when you first start. I was wondering which career is 'better', ER or Investment Management.
In terms of salary, I believe they start off equal at a BB. How does the salary progression compare later on? Can you provide actual numbers (base + bonus)?
I've read on here that ER can lead to slightly more exit opportunities (both lead to certain types of HFs. However, people in AM tend to stay in AM). Can someone elaborate on the exit opportunities and how they differ?
In terms of lifestyle, AM is closer to 9 - 5 whereas ER can be 12+ hours depending on how busy the department is.
How does the work progress as you move up the ladder?
Are there any mistakes in my assumptions?
I'd appreciate any further insight you may have.