KungFuPanda

In terms of sell-side, it heavily depends on the analyst. In equity research, it's pretty much 2 people a team, sometimes 3, and very rarely 4. So, each ER team's culture is heavily dependent on how the senior decides to run the show.

I know a senior who choose a stylish,chesty girl even though she had 0 experience, because he covers women's fashion and wanted someone who could help identify what's hot in fashion.

Another senior wanted someone who already knew his sector with 1-2 years experience and in the interview process heavily grilled on technicals and valuation.

Another senior wanted a cute young asian girl, and didn't care about experience.

Since most people won't go the sex-change + implants route, get an interview first, and try to learn about that industry as best you can. Be prepared to pitch a company or two (DON'T USE A COMPANY the analyst covers, or be prepared to get ripped apart)