Picking an Industry to Cover in Tech/Biotech + Industry Resources

Hello everyone,

I know that similar questions have been asked on these forums, but I wanted to get some insight on industry coverage from people in ER or other similar roles. I am trying to build expertise in one or two sectors so I can network more effectively for FT. I have two questions:

1) I would like to eventually work in a biotech/life-science/healthcare type of industry, both as an investor, and one day as an operator. At this point, when I try to read about biotech companies it seems very difficult to understand the business, even if I somewhat get the science behind them, so I see how advanced degrees and industry experience would help. Are there any sub-sectors (maybe in tech) that I can follow to somehow build up basic level of understanding and then take on more advanced sectors? I am interested in industries that have to do with the future (longevity, better health, rejuvenation, automated cars, supercomputers, big data, AI, robots, space travel, etc)

2)When I read ER reports I see that analysts usually have very comprehensive data that is not available in 10k's and anywhere else that I search online. What kind of resources can I utilize when it comes to doing research to get a more in depth understanding of the companies I cover? I know that people in the industry have contacts with management and other industry experts, but are there any resources that average people can use? I have some resources available through my school (IBISworld, analyst reports), but it doesn't seem enough.

Thank you for the help.

 

Molestiae eveniet animi sed et culpa molestiae esse. Enim voluptatum ex vel nemo ad. Autem nihil illo velit quis. Facilis illum dignissimos eos quos atque nisi.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”