Capital Markets - is it the right path?
Posted: Fri May 21, 2021 5:09 pm
Hi all (anon for obvious reasons/can be outed from my profile)
I am a junior (1-3 years) at a V30 doing niche corporate work and have the opportunity to lateral elsewhere and work in general capital markets. I have a few questions and would be really (really) appreciative if people could weigh in on one or all of them
1) While I do corporate work, I've never been a "finance" guy (and as a bonus, I really suck at math). Do those in cap markets feel like this is a barrier to excellence? Regardless, are there any books/resources that can help fill this gap (knowing more about investment banking/capital markets)?
2) What is the path in house like? I've seen differing views on this. While I understand there are some securities positions, is something like general counsel in the picture? Or is it more specific positions in house?
3) How does cap markets in the top firms do in a recession? Having job security is important and I understand cap markets can suffer in a downturn (though I recognize it's booming now).
Would be a bonus for anybody to also just explain the day-to-day/lifestyle/hours especially in these busy times.
Thanks you!
I am a junior (1-3 years) at a V30 doing niche corporate work and have the opportunity to lateral elsewhere and work in general capital markets. I have a few questions and would be really (really) appreciative if people could weigh in on one or all of them
1) While I do corporate work, I've never been a "finance" guy (and as a bonus, I really suck at math). Do those in cap markets feel like this is a barrier to excellence? Regardless, are there any books/resources that can help fill this gap (knowing more about investment banking/capital markets)?
2) What is the path in house like? I've seen differing views on this. While I understand there are some securities positions, is something like general counsel in the picture? Or is it more specific positions in house?
3) How does cap markets in the top firms do in a recession? Having job security is important and I understand cap markets can suffer in a downturn (though I recognize it's booming now).
Would be a bonus for anybody to also just explain the day-to-day/lifestyle/hours especially in these busy times.
Thanks you!