标题: Equity Analyst VS Business Analyst [打印本页] 作者: ashycal 时间: 2011-10-5 20:00 标题: Equity Analyst VS Business Analyst
26 years old, have 3 CFA levels + CAIA L1. Currently working in my native country in Eastern Europe at application support of software vendor company that deals with Front Office & Hedge Fund products.
And now the situation. :-) Almost at the same time was offered two positions – either to move to Business Analyst role with my current employer, or join the biggest local asset management company (although just 600$ mm AUM) as an Equity analyst covering Caspian stocks. Salarywise these two offers are similar, yet BA position carries much more fringe benefits as the company is global leader in the field.
Chaps, what would you advice? Accepting equity analyst job would definitely reduce quality of life for me at least in the short run, but probably the potential should be higher? As a caveat, they told on the interview that salary is not expected to grow as long as local economy is sh*t. Also, they are unit of the local bank that has been overtaken by the state once it was close to failure several years ago.
Anyone knows how decent BA role in finance can be? Is it worth it? I’m a bit concerned where would I be in 3-4 years if choose this route. Probably it would be too difficult to change fields by then.
Your thoughts will be highly appreciated.作者: AndyNZ 时间: 2011-10-5 20:02
isnt business analyst more an IT role ?作者: segalm 时间: 2011-10-5 20:04
yes I think there's a terminology issue. At least in the US, BA is definitely IT. (Sort of a liason between business side and IT, but career track is definitely IT.)作者: profil 时间: 2011-10-5 20:06
Business analyst may also be a glorified accountant.作者: Kapie 时间: 2011-10-5 20:07
Yes, this gonna be Business Analyst in financial software vendor company. Exactly as DarienHacker mentioned, 'liason between business side and IT', fairly exposed to interacting clients.
Equity analyst would involve making stock recommendations, etc.
So what would you say? There are plenty of posts here by chaps who want to get out of IT, but not so much about Business Analyst role specifically. On other hand, equity analyst can be a great career start in asset management, the route is becoming Portfolio Manager or Fund Manager one day.作者: WarrenB1 时间: 2011-10-5 20:09
take the equity role作者: Windjam 时间: 2011-10-5 20:11
A "business analyst" is such a general term. It can mean anything from involvement in IT to accounting作者: soverby 时间: 2011-10-5 20:13
As mentioned, that's IT stuff. Almost citing from job spec:
To understand the business needs of clients and to provide solutions that address these needs and meet end user requirements. To produce clear definitions of requirements and functional specifications for products together with comprehensive criteria for testing.
For Equity role, needless to say it's a relatively junior position. It would be working in a team with PM and doing some financial modeling & also checking 3rd party research reports to produce an opinion about stock. The company has only traditional long-only funds though.作者: IAmNeil 时间: 2011-10-5 20:15
I would take the equity gig all the way.作者: rohitdoshi 时间: 2011-10-5 20:17
Yep equity gig. Why else would you have taken the CFA and CAIA?作者: joehogue 时间: 2011-10-5 20:21
_LIV_ Wrote:
-------------------------------------------------------
> 26 years old, have 3 CFA levels + CAIA L1.
> Currently working in my native country in Eastern
> Europe at application support of software vendor
> company that deals with Front Office & Hedge Fund
> products.
>
> And now the situation. :-) Almost at the same
> time was offered two positions – either to move to
> Business Analyst role with my current employer, or
> join the biggest local asset management company
> (although just 600$ mm AUM) as an Equity analyst
> covering Caspian stocks. Salarywise these two
> offers are similar, yet BA position carries much
> more fringe benefits as the company is global
> leader in the field.
>
> Chaps, what would you advice? Accepting equity
> analyst job would definitely reduce quality of
> life for me at least in the short run, but
> probably the potential should be higher? As a
> caveat, they told on the interview that salary is
> not expected to grow as long as local economy is
> sh*t. Also, they are unit of the local bank that
> has been overtaken by the state once it was close
> to failure several years ago.
>
> Anyone knows how decent BA role in finance can be?
> Is it worth it? I’m a bit concerned where would I
> be in 3-4 years if choose this route. Probably it
> would be too difficult to change fields by then.
>
> Your thoughts will be highly appreciated.
BA is a glorified IT role, trust me, if you went through the pain to pass the levels you don't want that. Go for the equity analyst position.作者: dmrktrading 时间: 2011-10-5 20:23
Thanks for the comments chaps, I'm very close to accepting the equity role.
Btw, any IT Business Analysts on this forum? What would you say? I'm interested what could be the exit options after working for 3-4 years as a BA, perhaps becoming Product Manager or smth like that?作者: sabre 时间: 2011-10-5 20:25
_LIV_ Wrote:
-------------------------------------------------------
> Thanks for the comments chaps, I'm very close to
> accepting the equity role.
>
> Btw, any IT Business Analysts on this forum? What
> would you say? I'm interested what could be the
> exit options after working for 3-4 years as a BA,
> perhaps becoming Product Manager or smth like
> that?
That seems to be one of them. My gf talks about it a lot.作者: LorrinCFA 时间: 2011-10-5 20:27
Accepted the Equity role today, I feel that's gonna be a challenge. Thanks for advices everyone.作者: NakedPuts00 时间: 2011-10-5 20:29
omg.. we were joking作者: mkytz15 时间: 2011-10-5 20:31
