Should I do ER or IB? (student advice)
So I'm not really sure how I should be asking for an industry suggestion since I'm a student, but I've done a fair amount of research on both ER and IB, but I'm not quite sure how I'd fit in so I'd like to hear from people in the industry where they think I belong since you have a fair amount of experience.
I enjoy writing and researching, which makes me think that ER is perfect for me, especially considering in IB most of the work is lackluster and although there is research as an element, you're mostly just pushing out pitchbooks and financial models (correct me if I'm wrong) whereas an ER analyst has a lot more "substantive" research into a company, its financials, leadership, business model, etc. But at the same time Investment Banking analysts can also get exposure via M&A so I'm not 100% sure who wins on the professional development front. I also obviously want to get paid the most for my work, and I think by the hourly basis, ER analysts get paid about the same. I also want to exit into a leadership position into F500, VC, or PE/HF. I may also want to start my own venture capital firm or hedge fund one day and I feel like ER would be the most applicable skillset into both of these fields, but I think IB gets more exit ops into these fields as well. I'm not scared to spend the first 1-3 yrs of my career out of college on intense labor, but ER feels a bit more meaningful. Still if my ultimate goal is to crack into the upper echelons of the corporate ladder or fulfill my own business dreams, will ER help me get there or will IB create a better path to those fields? And for the most part my decision relies on this. I feel like if I had to stay in one industry forever, ER would be it. But if I wanted career mobility, IB would be it. These are sort of my assumptions and I need some feedback on this so I know what I need to focus on going forward. Or is there some industry/career path I'm totally missing? I'd appreciate some constructive feedback, thanks.