Buyside ER
Starting new role at a LO soon after graduating and wanted to gather thoughts on Buyside ER generally. How’s the wlb, comp, and career trajectory.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Based on the most helpful WSO content, starting a new role in Buy-Side Equity Research (ER) after graduating can be quite an exciting opportunity. Here's a breakdown of what you might expect in terms of work-life balance (WLB), compensation (comp), and career trajectory:
Work-Life Balance (WLB): Generally, the WLB in buy-side ER can be considered better than in investment banking. However, it can still involve long hours, especially during earnings season or when you're deep-diving into a new company or sector. The intensity can vary depending on the fund's size and investment style.
Compensation (Comp): Compensation in buy-side ER can be quite competitive, especially at larger funds. It typically includes a base salary and a performance-based bonus. The bonus can be a significant portion of your total compensation and is usually tied to the fund's overall performance and your contributions to it.
Career Trajectory: The career path in buy-side ER can lead to roles such as senior analyst, portfolio manager, and eventually, partner or CIO if you're at a hedge fund or asset management firm. It's a career that rewards deep industry knowledge, strong analytical skills, and the ability to make sound investment decisions.
Remember, these are general trends and can vary widely based on the specific fund, its culture, and the market environment. It's always a good idea to network with current professionals in the field to get a more personalized understanding of what to expect.
Sources: Where does ER go from here?, Equity Research sell side: how do you think the buyside should do better to interact with you?, ER Career Paths, AllianceBernstein Reputation and Rotational Program, A hodgepodge of ER Questions sent to me via PM
Consequatur corporis est quae hic ut pariatur. Magnam sunt accusamus aut consequuntur blanditiis quas. Molestias et labore fugit dolorem. Aut magni reprehenderit repellendus.
Excepturi dicta rerum ut vitae veniam voluptatem. Nulla rerum sint officiis. Blanditiis molestiae nulla mollitia iure consequatur neque dolores.
Voluptatem porro aut omnis. Dolor aut fugiat eius nisi. Aliquid architecto aut sit ipsa dolor impedit debitis. Et voluptate earum iure sit qui. Qui facilis quia facere laborum qui dolores ratione.
Voluptas quia repudiandae non ipsa. Ut eius qui dolorem eius perferendis. Occaecati et aliquid exercitationem beatae error aperiam. Qui porro consectetur quidem. Dolores sunt molestias est molestias reprehenderit.
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...