Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk
Mergers and Inquisitions
JANUARY 22, 2025
People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. In equity research, the goal is to get clients to pay for the teams research consistently , but revenue does not depend on deals or other specific events.
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