Equity Analyst VS Business Analyst Business, software, situation, management

ashycal

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.

mkytz15

did it for the lulz

NakedPuts00

omg.. we were joking

LorrinCFA

Accepted the Equity role today, I feel that's gonna be a challenge. Thanks for advices everyone.

sabre

_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.

dmrktrading

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?

joehogue

_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.

rohitdoshi

Yep equity gig. Why else would you have taken the CFA and CAIA?

IAmNeil

I would take the equity gig all the way.

soverby

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.