How Did You Know ER Was Right For You?
Seems like a really appealing career path. Not concerned about the consolidation, since top groups can still get paid quite generous compensations. I really like the idea of deep analysis, but maybe I would be better suited for PE, or working in AM.
So, to those of you who really enjoyed your time in ER, how did you know it was the right career path for you?
| +81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 2h | |
| +32 | How the heck do you learn all of this stuff? | 5 | 6d | |
| +28 | Getting Frustrated | 10 | 3w | |
| +27 | My experience on the sell side | 20 | 1w | |
| +26 | What’s my next move? | 7 | 4h | |
| +18 | Biotech ER vs IB | 16 | 3w | |
| +14 | Heard they don’t model at Oppenheimer | 10 | 1w | |
| +14 | Data Science to PM | 8 | 2d | |
| +14 | Am i fairly compensated? | 8 | 15h | |
| +13 | ER time line and ways to break in help | 17 | 3w |
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I did not enjoy my time in ER, so I am leaving this thread.
how many hours did you work when you did it, what was your coverage btw?
It won't tell you anything. Your experience is 100% dictated by how your analyst runs the franchise. There is nothing to extrapolate from my experience.
I covered part of tech and worked for a great analyst, but worked long hours because how (s)he ran the team.
1st year, paid generously (140-160k total comp off ~90k base), in a hot sector and analyst. Analyst is great and truly does deep fundamental analyst in our non-large cap coverage.
It really boils down to, are you a curious person. Maybe even nosey. As many have said before, your experience is largely dictated by your analyst, and somewhat your bank.
Starting on the SS really sets you up for the AM route. PE is a totally different ball game and there are some recent threads (Consultants considering PE, another thread i think) that highlight the lifestyle and misnomers.
Associate 1 or junior analyst? And if associate, did you come out of an MBA program or lateral? Just seems like a super high comp for a junior analyst..
Also would you mind giving the type of bank? BB I’m guessing though some MM pays higher than BB.
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