bigfernhead wrote:
Hi London IB -
1. How many more hours do you put in on research when you get home?
Depends on workload, can be an hour a week, can be five. It's just reading reports.
bigfernhead wrote:
2. How important is generating sales when brokering. Do you have a quota?
Broking IS sales. No hard and fast quota, as retail brokers have, however def have targets that you are expected to meet
bigfernhead wrote:
3. What is the culture like? Do they differ based on different "desks"?
Different firms. I could spend a day discussing culture. I'm sure you are aware for example of GS's culture.
Generally European banks have a less aggressive culture, although...again, it's subjective.
bigfernhead wrote:
4. Can you describe some of conversations you have on the phone when "brokering"? Are the sales easy/hard?
You discuss ideas, sell your Co's research, debate on what the market is doing or what news is in the market.
It can be very technical or it can be very broad. Depends on what you are selling.
bigfernhead wrote:
5. Can you describe the some of the meetings with inhouse analyst/clients?
An analyst will present his research, talk about the salient points for up to 30 mins, followed by Q&A.
When you take an analyst to visit a client, similar but 1-1 so more personal