malbec

Having been on both sides of the fence, no way would I ever go back to the sellside.
The money argument is not true, especially if you take your annual salary/total working hours.
As for stress being lower on the buyside, that depends on whether you're working for a Citadel or a sleepy long only mutual or pension fund. Personally, the one benefit I see to working on the sellside is that it provides you with the opportunity to develop a network that can lead to other things. My experience on the buyside has been better money, better hours, work is more rewarding, client to wall st. = events/dinners/conferences/entertainment etc., can put on my headphones and listen to Deadmau5 all day while modeling and not being bothered.



Edited 1 time(s). Last edit at Friday, July 8, 2011 at 02:36PM by hobbes928.

Walex

I think for some people the type of research on the sell-side can be more interesting. Yeah you get stuck doing flashes on earnings and press releases. But you also get a chance to dig in super deep and really understand the industry trends and dynamics.

BC_MBA_student

hobbes928 Wrote:
-------------------------------------------------------
> Having been on both sides of the fence, no way
> would I ever go back to the sellside.
> The money argument is not true, especially if you
> take your annual salary/total working hours.
> As for stress being lower on the buyside, that
> depends on whether you're working for a Citadel or
> a sleepy long only mutual or pension fund.
> Personally, the one benefit I see to working on
> the sellside is that it provides you with the
> opportunity to develop a network that can lead to
> other things. My experience on the buyside has
> been better money, better hours, work is more
> rewarding, client to wall st. =
> events/dinners/conferences/entertainment etc., can
> put on my headphones and listen to Deadmau5 all
> day while modeling and not being bothered.


I've only been interning on the buy-side for about a month, but this has been my experience as well. Glad I started my career on the sell-side as it helped me develop a basic skill set and credibility, but there is no way I would go back.

willsucceed

In research, there are so many more buyside positions than sell side positions that saying sell side pays better than buyside is akin to saying NBA players make more than MLB players. It totally depends on the player.

KungFuPanda

Agreed with brain_wash_your_face. Don't hate the playa, hate the game.

OmarAdnan

hobbes928 Wrote:
-------------------------------------------------------
> Having been on both sides of the fence, no way
> would I ever go back to the sellside.
> The money argument is not true, especially if you
> take your annual salary/total working hours.
> As for stress being lower on the buyside, that
> depends on whether you're working for a Citadel or
> a sleepy long only mutual or pension fund.
> Personally, the one benefit I see to working on
> the sellside is that it provides you with the
> opportunity to develop a network that can lead to
> other things. My experience on the buyside has
> been better money, better hours, work is more
> rewarding, client to wall st. =
> events/dinners/conferences/entertainment etc., can
> put on my headphones and listen to Deadmau5 all
> day while modeling and not being bothered.

I think this is pretty accurate