Equity Research: A Day in the Life, Pay, and Exit Opportunities – Got Hedge Funds?

You’ve broken into equity research by following the detailed advice from our interviewee, and now you’re about to start working.

If I had a magic 8-ball, I’d guess you might be curious about:

• What an average day in your life will be like.
• How much time you spend on modeling vs. reports vs. research.
• How much money you’ll make – at the entry-level and once you’ve become Chief Monkey.
• What the hours and culture are like.
• Exit opportunities and how you can leverage ER to get into top business schools.

Luckily, you won’t be so curious after reading part 2 of this interview – where we answer all of those and more.

A Day in the Life

Becoming Donald Trump: How to Break Into Commercial Real Estate, Build an Empire, and Launch Your Own Reality TV Series

This is a guest post from Mike Moran, CFA, a portfolio manager at a long-only asset management firm. He started Life on the Buy Side to teach you what it’s like working in asset management, hedge funds, and more.

When it comes to commercial real estate, you’ve got 2 choices: do something extremely risky, or do something boring and conservative.

OK, you could also pick something middle of the spectrum – but what fun is that?

If you have your sights set on becoming the next Donald Trump and building a real estate empire, you’re going to have to take the leap and embrace the risk with open arms.

And if you want your own reality TV series on top of all that, you’ll have to become a real baller – so here’s how you do it:

Buy, Sell, or Hold: How to Break Into Equity Research and Pitch Stocks Like a Pro

So I was looking at the most popular search terms on M&I the other day, and reached two conclusions:

1. You really like that silly little cover letter template I created.
2. It seems a few people might want to hear about this thing called “equity research” – I guess that might be a good idea one of these days?

We’ve already been through everything else on the list to the right, so now we’re going to apply the magical process of elimination and focus on equity research: what it is, how you break in, and how to dominate your interviews and land offers.

You’ll get to learn all of that straight from the source: a reader who has worked in equity research at both boutiques and bulge bracket banks and seen the market in the best of times and the worst of times.

Let’s get started.