Dear fellow Monkeys,

Which would have the better long-term career prospect starting as an analyst:

  • PIMCO for a Desk Analyst role, or

  • CITI//BARC/CS/DB for a Fixed Income Structuring role (within S&T Division).

I would like to hear your thoughts on which career would be more stable/adventurous and provide better comps, flexibility, and learning curve.

Maximizing earnings and enjoying the job out of a 40 year career will be the main goal. I don't mind long hours/traveling.

Analyst-level salary doesn't really matter to me in the short-term.

Any opinion that will be highly appreciated.

Thank you fellas!

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Comments (5)

  • Intern in S&T - Other
Sep 1, 2021 - 11:43am

I cant answer your question, but from my knowledge the banks you listed are massively different in terms of their strength in FI structuring; you might have to narrow it down a bit more before someone could give you an answer

Most Helpful
Sep 1, 2021 - 12:07pm

PIMCO, without a doubt. 

Reputation- It's like getting a golden stamp on your CV. Wherever you go, people will always be impressed that you were at PIMCO. The sell side BB roles are great, but they don't nearly carry the same career enhancing reputation that PIMCO will grant you. 

Career Options- PIMCO opens both the buy and sell side for your future career options. It's going to be harder to move from the sell side to the buy side later on. 

Role- It's going to be easier to move around a firm like PIMCO, rather than starting at a BB in Asia, which can easily pigeonhole you as an Asian S&T person. 

Stability- S&T roles at BB are like a revolving door, people get blown out and leave often. What if you land on a S&T desk in HK/Sing and don't get along with your boss? What are your exit ops? 

Best of luck! 

Sep 24, 2021 - 2:23pm

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