Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk
Mergers and Inquisitions
JANUARY 22, 2025
At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. public markets roles ( hedge funds , asset management , etc.), bulge bracket research team to startup PE firm).
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