In many people's concept, the securities industry may be described by various certification training institutions, where everyone is well-dressed, with an annual salary of millions, or talking with various corporate executives. Obviously, this is not the daily life of most practitioners.
First of all, we all know that finance refers to the financing of funds. This industry is an intermediary, raising funds from fund suppliers to provide funds for demand. Therefore, securities companies generally divide their business lines into front, middle and background. The front desk sequence is responsible for contacting customers. In fact, for securities companies, most of the employees are front desk sequence. The middle stage is responsible for controlling the business risks taken over by the front desk and providing support for the front desk employees. The background, in fact, is some comprehensive positions such as administrative finance, which has little connection with finance.
Obviously, most people will enter the front office sequence, on the one hand, this is the main source of profit for securities brokers, on the other hand, the liquidity of front office personnel is also very large. But the front office sequence is divided into many directions, and the income gap is huge. Specifically, doing stocks, doing bonds and other businesses are front office, while the financial manager of the business department is also a front office, do you think it can be the same?
Speaking of here, in order to avoid detours, I would like to remind people not in line, especially fresh graduates, not to enter the business department. Into the business department is likely to engage in the work content will be the same as selling insurance, constant marketing, the first will be your friends and family. Of course, especially love marketing or have certain resources and insufficient to support you to other positions except the group, for small resources, into the business department will be a relatively better choice. Specifically, if you can bring 10 to 20 million stock assets, you will be very easy in the business department. Of course, I think most people do not have this condition, ordinary people to the business department, is likely to be dismissed because of the assessment task, so it is very troublesome to toss.
Then we will talk about the investment bank that most people want to enter. Although this department does not enter the CBD as described in films and TV plays, but goes to the corners to do projects, but relatively speaking, this position is really good, with considerable income and the accumulation of resources. But its threshold is relatively high. Here I want to say that the high threshold does not mean how high-end its business is, but in fact it is the expression of supply and demand. Anyway, no matter how high the threshold is, there are always a lot of people who want to enter.
Due to the supply glut, the salary is not as high as expected. Therefore, I cannot bear to tear apart the unrealistic illusions of those who yearn for investment banking. Front office business is an industry that emphasizes income-generating very much, which means that most of the income comes from project income. It does not mean that you can get a high income by struggling to brush up. Due to the supply glut, the salary is not as high as expected. Therefore, I cannot bear to tear apart the unrealistic illusions of those who yearn for investment banking. Front office business is an industry that emphasizes income-generating very much, which means that most of the income comes from project income. It does not mean that you can get a high income by struggling to brush up your academic qualifications and get a certificate to get into the company, but by making projects, which is a result-oriented thing. I want to remind you that the gap between investment banking teams is really too big. If you go to a weak team without project resources, you may only get a basic salary that cannot feed you while you cannot starve. It is also a common phenomenon that the department is completely laid off after a period of time.
