Equity Capital Markets
Becoming An Analyst
If you’re interested in becoming an analyst in this field, then initial interview process is going to be quite similar to that which you would encounter in other types of accounting. You’ll want to show familiarity with current market performance and terminology. Still, one key thing many companies will be looking for is that you’ll want to emphasize over and over again that while you like the markets, you’re still more of a banker than a trader. That’s what a lot of firms are looking for in a person to work with these types of markets. Thus, conveying that impression will dramatically increase your odds of being hired for this type of position.
A Day in the Life: Part One
A typical day in the life of an analyst in this department depends on which side of the department you end up working on. You could be working with convertible offerings, or you could be working with equity origination. Both come under the same heading. Over on the origination side, one thing you’ll be doing a lot of this updating slides. You’ll also be creating case studies a recent offerings and drafting internal moms. Finally, you’ll spend a lot of time drafting selling point for new offerings. The least enjoyable part of your job will probably revolve around analyzing buying and selling patterns.
A Day in the Life: Part Two
On the convertible side, the work is quite a bit more technical, because you deal with a lot of derivatives. You’ll need to produce derivative structures suitable for your clients, and develop a lot of valuations. If financial modeling is a passion of yours, then you have a rare gift, and this line of work might be right up your alley. If so, then there are certainly lots of opportunities available to you, and it may very well be worth your while to consider pursuing them.