Specific Industry v. Generalist IB Analyst
I wanted to know if anyone could elaborate on the positive and negative aspects of being a generalist analyst versus an analyst in a specific industry (more specifically Energy)
I wanted to know if anyone could elaborate on the positive and negative aspects of being a generalist analyst versus an analyst in a specific industry (more specifically Energy)
+173 | The "Not So Obvious" things that get you a return offer? | 20 | 11h | |
+108 | Is my life over after not getting GS? | 27 | 1h | |
+70 | Best IB group on the Street | 31 | 50m | |
+58 | BIG FOUR ARE PARADISE | 15 | 13h | |
+50 | Thoughts and tips on how to speak like an investment banker. | 25 | 13h | |
+48 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 23 | 5h | |
+36 | UBS Outlook | 28 | 1d | |
+34 | How to deal with egotistical team? | 6 | 3d | |
+33 | Highest Paid Bankers in Toronto? | 51 | 11h | |
+25 | Got RBC offer but I have cold feet accepting. | 34 | 12m |
Career Resources
It pretty much comes down to the fact that one will give you a more broad industry exposure while the other will make you very well versed in one sector -- so the pros and cons depend on what you want to do longterm. All things equal, it would be more difficult for a generalist to compete with a tech banker when interviewing for a technology focused PEG. On the other hand, a generalist will likely be able to tailor his or her resume to various opportunities outside of one sector focus slightly easier.
You will likely find though that even shops with generalists tend to focus on certain sectors, with each MD having somewhat of a specialty area. As an analyst, once you get staffed on a few similar deals in one sector you will likely get staffed on the next similar deal. That's not always the case, but it's fairly common.
Illo omnis porro asperiores reprehenderit aperiam. Ratione molestiae ullam eius pariatur. Eligendi enim sunt quo expedita eum iure laborum.
Facilis voluptas laboriosam labore velit accusantium sint recusandae. Non libero maxime magni et occaecati non aut. Magni suscipit officia in ut sed.
Distinctio reiciendis illo ut ratione eum consequatur quae. Voluptatibus vel voluptate dolor unde voluptatum ab aut. Iusto occaecati doloribus enim occaecati sit rerum. Quis perspiciatis sequi alias ut beatae labore.
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...