Do majority of investment analysts get churned out in the second year?
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Do majority of investment analysts get churned out in the second year?Do majority of investment analysts get churned out in the second year?
Why do they get churned out?
What happens to the analysts losing their jobs and what are jobs that they get into after being made redundant? -
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Re: Do majority of investment analysts get churned out in the second year?depends what bank? for example GS get rid of the bottom 5% every year. Banks do reviews twice a year i think and if you're not up to the mark you get chucked out. What people do when they leave is up to them they can look for jobs in other banks or they can try a different profession
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Re: Do majority of investment analysts get churned out in the second year?True. But personally, I have found out that it doesn't take a lot of effort to be above average analyst....to be a top analyst, it take some effort, but its not that hard..... atleast in my opinion(Original post by EternalBudhist)
depends what bank? for example GS get rid of the bottom 5% every year. Banks do reviews twice a year i think and if you're not up to the mark you get chucked out. What people do when they leave is up to them they can look for jobs in other banks or they can try a different profession -
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Re: Do majority of investment analysts get churned out in the second year?Why would you say that, aren't all analysts supposed to be very bright and motivated.(Original post by ibd_haunter)
True. But personally, I have found out that it doesn't take a lot of effort to be above average analyst....to be a top analyst, it take some effort, but its not that hard..... atleast in my opinion -
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Re: Do majority of investment analysts get churned out in the second year?By definition, not everyone is going to be above average, that is the point of an average. More to the point, I doubt being "bright" or "motivated" would have much to do with it seeing as (as you say) everyone is "bright" and "motivated" (although your claim that all analyst are gifted with those attributes is questionable). In the long run, the dead weight has to be culled and all analysts won't make money.(Original post by Sir KBS)
Why would you say that, aren't all analysts supposed to be very bright and motivated.
