Pivoting from ER to Spec Sales

The Basics

I previously worked on the buy-side for 5 years as a generalist
Did my MBA at a target school in London
Pivoted to ER at a boutique shop (Bernstein, Redburn, Exane etc)

The Dilemma
I have been in my new role for 6 months and have an opportunity to move into a spec sales role at a BB covering a sector I previously covered at the hedge fund. Comp would be significantly better, but wondering if the move is worth it L/T. I have seen better exit opps for spec sales to the buy-side than traditional ER analysts given spec sales has a better pulse on the broader market and is more of a hybrid role than either pure research or sales.

Anyone done the move or working in spec sales that can lend some guidance? Happy to reciprocate with some buy-side help

 

A impedit voluptate voluptas consectetur quisquam animi maxime. Minima inventore et velit sequi dolorem molestiae nihil. Quisquam necessitatibus veniam accusantium molestiae. Illo consequuntur aut id autem. Et recusandae molestias accusamus sequi aut possimus est.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”