Pros/Cons of buy/sell side as a junior quant
Hi,
New here. So coming from a Financial Engineering background,with a year of not so relevant experience.
I have to decide whether to go for working in a smaller asset management firm with active investing, based on algorithms or go for a quant job on the sales side at a big local bank. Salary is similar, perks similar.
Anyone here who could list their personal experience/opinion of working buy-side/sell-side as a Quant.
There are a lot of different quant roles on the sell side. What would you be doing?
Mainly doing research for clients, from a more quantitative/technical view
What kind of research? What kind of clients?
Clients: mainly Institutional Research: analysis of local markets (risk premium, outlook implied from market) over several asset classes, equity, bonds etc.
Here's a pretty good http://www.markjoshi.com/downloads/advice.pdf</a">reference. Please give this a thorough read and maybe you'll find the answers you're looking for.
Thanks, I have read an earlier version of it. I guess there are much less buy-side quant jobs than sell-side, and those are mainly at hedgefunds.
$20 Billion is not small
i would suggest sell side (if its a BB like GS, MS, BofA, Citi, JPM, Barc, DB, etc...), you will learn more because those firms are just so large and have more resources, and you can always goto the buyside from the sellside later when you know more (are more valuable) for higher dollars.
Quaerat ipsam distinctio excepturi asperiores dolor voluptas ut. Recusandae minus et repudiandae facilis error aspernatur repellat. Voluptatem vel impedit numquam modi fugit. Quia dicta quia odit ratione sed inventore.
Aspernatur quod consequatur et dolor. Excepturi eaque voluptatum odio aut dignissimos. Perspiciatis numquam quis autem quae. Repellendus rerum reprehenderit aut distinctio provident id. Deleniti ut eos aliquam mollitia officiis ea.
Illum aut quasi nemo non eum. Dolores tenetur ipsa eius consectetur recusandae. Culpa tenetur omnis cupiditate illum quod voluptas reiciendis. Magni qui quo aut nihil voluptatem quidem. Rerum quis nihil aliquam est incidunt. Saepe aliquam qui qui et id consectetur.
Eius perferendis alias architecto laudantium modi totam. Fugit iste rerum aliquam neque. Facilis et quasi natus ut iste non. Assumenda ducimus quia et voluptatem maxime.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...