Category Archives: Careers

Front office roles at investment banks

For those trying to find your place within investment banking, here is an overview of what the different front office roles actually entail: Sales You get to the office around 6am in order to spend most of your day on the phone trying to sell your clients products that they probably don’t need. If you’re […]

Why You Shouldn’t Be an Investment Banker

Everyone hears a lot about investment banking while in school, and it seems to be the coolest thing since the wheel. The point of this post is not to bash on sellside, but just to give an idea of why many people prefer the buyside. Equity Research A different industry Investment banking is really concentrated […]

Investment banking compensation ranking

Now that bonus compensation figures for 2012 are out, here is the ranking average front office employee compensation at the top firms. Blackstone seems the place to be, and Deutsche Bank appears as the most notable payer among bulge brackets. On the other side, Morgan Stanley and Credit Suisse have been rather stingy, and RBS… […]

How to get into equity research

Equity research associates (associate is the entry level position within the research department of an investment bank) work supporting a particular industry analyst, whose job is to publish research and make investment recommendations (buy, sell or hold) on stocks within a specific sector. The required background of a research associate varies a lot depending on the […]

ACA, ACCA or CIMA

Until not so long ago, it was clear that ACAs were given preferential treatment by investment banks recruiting accountants over those armed with competing qualifications, such as the ACCA and CIMA. But has the playing field slowly become more level? The cold, hard facts The employment figures from the ICAEW, the ACCA and CIMA do […]

Is the MBA obsolete?

An MBA from a top business school was a sure thing to boost your credentials for a more senior role. Not any more. The cyclical nature of markets is magnified in the MBA world, a cold planet where feelings of self entitlement and superiority go to die, nowadays. Not too long ago, with a Top […]