10 Most Successful Careers in Finance One Can Choose From
Equity Research & Sales:
The role of equity research is to find out the correct value of the stock which is trading on the stock exchange doing various types of research namely fundamental and technical analysis. There are two types of ERs though. One is the sell-side research which belongs to a brokerage, the aim is to do research and sell investment ideas to investors so as to earn commission on trading by the investors.
The second is buy-side research, which is a part of usually a buy-side fund like a mutual fund. They analyze the research results of various brokerages in addition to their own research on investment ideas for the fund manager.
Private equity:
The role of private equity is to raise funds from large investors and invest the money directly into businesses. The usual manner is to raise money from overseas investors and then find businesses in the growth stage. Most private equity funds 'exit' the investment after a period of time by selling their holding in the business to some other investors or doing an initial public offering of the shares of the business.
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