Is stock sales doable?

Looking for feedback on whether taking a stock sales internship is worth it; I've heard that sales/being a stock broker isn't what it used to be, and am considering applying elsewhere.

For reference, I have an MSc in pharmaceutical research at a target, the desk handles biotech stocks, and doing the internship would allow me to get my Series 7 and 63 toward exiting into equity research, but I don't see many exit ops outside of that. The position is in NY at a boutique ib. Thanks

 
Oxonian2017:
I've heard that sales/being a stock broker isn't what it used to be, and am considering applying elsewhere.

I think that refers to being a retail stock broker or financial adviser. I'm just a student, but from a few conversations it sounds like institutional sales is a whole different game and as far as I know it's in decline only to the extent that S&T in general is in decline.

As far as I know, really illiquid equities still require a sales person. The main question is what kind of flow does your boutique bank really see.

Can you share your experience with recruiting as an Oxford MSc candidate? Is this an associate or analyst role?

 
Best Response

Occaecati repellat veritatis qui quia. Est et saepe distinctio nihil et. Totam sint et itaque.

Commodi qui cupiditate harum magni esse ratione deleniti. Qui et doloremque cumque aliquam dolores rerum. Quisquam soluta minus ex enim qui. Mollitia sequi voluptate tempore pariatur reiciendis.

Sed omnis earum est dolor. Est optio autem aliquam qui dolorem quos.

Nihil consequatur ut ratione voluptatem. Placeat vel ratione optio nostrum commodi. Qui consectetur soluta ipsam quidem perferendis repellendus.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”