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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

The difference is that IB is more of an explicit sales job , as deals must close for the bank to earn fees. Equity research at the senior levels does require sales skills, but its more about being a conduit than a closer. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),

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Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

The Nature of the Work: Markets, Analysis, Sales, and Interpersonal Skills Wealth management (WM) requires broader knowledge of the financial markets since you may have to advise clients on everything from their portfolio allocations to upcoming tax changes. If you have good sales skills, you could break in with a middling GPA (3.0 – 3.5)

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Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

Many firms put capital markets groups within “Investment Banking,” but some include it within Sales & Trading or “Global Markets.” You’ll also draft sales team memos and registration statements and conduct due diligence if you’re leading the offering.

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From Wealth Management to Investment Banking: How to Make the Leap

Mergers and Inquisitions

Many people find wealth management work boring or repetitive and do not like the heavy sales/cold-calling aspects. If you want higher compensation, the ability to advance without being great at sales, or more interesting work, many other options are far more accessible.

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Investment Banking Spring Weeks: The Full Guide

Mergers and Inquisitions

All the bulge bracket banks in the U.K. And if you’re in sales & trading , you won’t be allowed to trade or sell, just as you’re similarly restricted in S&T internships. Which Banks Offer Spring Weeks? run them, but so do many elite boutiques (Lazard, Evercore, PJT, etc.), Bankers in regions like the U.S.