LokiDog2

builders Wrote:
——————————————————-
pawn Wrote:
————————————————–
—–
  CPA, CFA, and four years of work experience can
be
  very attractive to equity research both on sell
  side and buy side.

  (1) Sell side ER associate base salary is above
  100, below 175 usually. Total comp around
150-250
  usually (In NYC)
  (2) Sell side ER hours: 7am- unpredictable
usually
  past 7pm

  Exit opportunities: buyside analyst, sell side
  analyst, school

this is wrong on so many levels.

are you even in the industry? do you even know
what you’re talking about????

you know how many analysts make 250 in ER??? a
lot. associates make 200
Without getting into detail, he’s generally right, depending on variables such as MBA, years of experience, etc.
Builders, go back and read his post. He’s talking about associates and you’re talking about associates + analysts pay…apples and oranges.
I’d ask you the same question, are you on the sell side? Do you even know what you’re talking about?

stockjaguar

Oh and BTW, another distinction: the valuation guys doing fairness opinions are not the same type of guys as the ones doing valuation as part of the M&A team. Yet, they were both in “Corporate finance” at my former Big4.
So all in all in my experience I would say:
Deal guys  fairness opinion guys  Due diligence guys.
But again, the point is that you’ll get 5 different stories if you talk to 5 Big4 guys.
Lastly, I remember reading something interesting and revealing in an IB job description of a couple of years ago. It went in the lines of: “Required work experience : 2-3 years in Investment Banking, Private Equity or Big4 Corporate Finance (No Transaction Services !)”.