Because an earlier article on investment banking versus consulting was so well-received, I decided to write another one on sales & trading (aka S&T). In general, both S&T and management consulting are great career options. They’re both meritocratic, well-compensated, and have better lifestyles than investment banking. They both provide optionality if you decide to choose [...]
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This is an important question for prospective applicants (in particular, undergrad/MBA students) looking for summer internships and fulltime jobs alike. The decision was easier for me than for most people. The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered [...]
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