Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk
Mergers and Inquisitions
JANUARY 22, 2025
Equity research recruiting tends to be less structured, though the bulge bracket banks and elite boutiques still run traditional processes that start over a year before summer internships. Sure, some Analysts add value and understand companies at a deep level, but do we need 30 teams covering a single large-cap stock? No, probably not.
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