Comments on: How is work in the investment industry like? http://www.fargowellsfinancial.com/investment/how-is-work-in-the-investment-industry-like Meeting All of Your Financial Needs Sat, 06 Feb 2010 23:21:49 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: csanda http://www.fargowellsfinancial.com/investment/how-is-work-in-the-investment-industry-like/comment-page-1#comment-384 csanda Thu, 27 Nov 2008 07:48:59 +0000 http://www.fargowellsfinancial.com/investment/how-is-work-in-the-investment-industry-like#comment-384 Give me an e-mail. I have a CFA charter and have worked in equities for more than a decade. There are lots of different types of work in "investments" from trading, to sales, to research, to syndication, to private equity, to fund management and on and on. The most likely sub-segment that would need technical skills is the following: a) Research. This is where you do buy-sell-hold recommendation reports on company. You can work for either the equity side (stock analyst) or bond side (credit analyst). Then you can work for either the buy-side (mutual funds, insurance, hedge funds) or sell-side (brokerage). Typically, you need a thorough background in accounting, a good background in finance (as evidence through CFA program) and then an industry background that gives you a leg up when giving research on a specific industry. For example, your typical pharmaceutical analyst for brokerage has an MD. It isn't required, but it does help, especially for more technical industries like medical, technology and energy. Long, long, long hours. Bad job security. Very, very competitive. Bonuses can be very good. Politics can be very tough. You must be kind of a know-it-all freak (like me) in order to really enjoy this job. I am and I did. b) Corporate Finance. Instead of doing agency work, you're doing primary work. You're doing lots and lots of pitch books to land deals to underwrite IPOs, equity placements or debt placements. Once you win a deal, then you then do lots and lots of writing for the Red Herring/Prospectus. Job can be repetitive. Travel can be large %. Pay can be very, very good. c) IT back-end. This is only if you're hard core software engineering type. This is where you use your knowledge of finance to help design software. This is the flip side. Pay can be outstanding.<br><b>References : </b><br> Give me an e-mail. I have a CFA charter and have worked in equities for more than a decade.

There are lots of different types of work in "investments" from trading, to sales, to research, to syndication, to private equity, to fund management and on and on.

The most likely sub-segment that would need technical skills is the following:

a) Research. This is where you do buy-sell-hold recommendation reports on company. You can work for either the equity side (stock analyst) or bond side (credit analyst). Then you can work for either the buy-side (mutual funds, insurance, hedge funds) or sell-side (brokerage). Typically, you need a thorough background in accounting, a good background in finance (as evidence through CFA program) and then an industry background that gives you a leg up when giving research on a specific industry. For example, your typical pharmaceutical analyst for brokerage has an MD. It isn't required, but it does help, especially for more technical industries like medical, technology and energy. Long, long, long hours. Bad job security. Very, very competitive. Bonuses can be very good. Politics can be very tough. You must be kind of a know-it-all freak (like me) in order to really enjoy this job. I am and I did.

b) Corporate Finance. Instead of doing agency work, you're doing primary work. You're doing lots and lots of pitch books to land deals to underwrite IPOs, equity placements or debt placements. Once you win a deal, then you then do lots and lots of writing for the Red Herring/Prospectus. Job can be repetitive. Travel can be large %. Pay can be very, very good.

c) IT back-end. This is only if you're hard core software engineering type. This is where you use your knowledge of finance to help design software. This is the flip side. Pay can be outstanding.
References :

]]> By: Steve P http://www.fargowellsfinancial.com/investment/how-is-work-in-the-investment-industry-like/comment-page-1#comment-383 Steve P Thu, 27 Nov 2008 07:27:59 +0000 http://www.fargowellsfinancial.com/investment/how-is-work-in-the-investment-industry-like#comment-383 typically, very fast paced, lots of pressure, cut throat and cynical. Apply today.<br><b>References : </b><br> typically, very fast paced, lots of pressure, cut throat and cynical. Apply today.
References :

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