亚洲资本有关的。但是我还是把这个作为终极目标。

　　浏览一下招聘工作的网站，觉得有一些fund公司的risk或data analyst的工作（不是
　　quant的）还算对口点，能用到统计的知识同时又可以了解equity，fix income什么的
　　。比如这个“Responsible for ** a significant contribution to the firm"s
　　quantitative research effort, including: Designing, building and maintaining financial databases consisting of company, market, economic, benchmark and portfolio data. ; o5 c+ A" A1 d6 D" K
　　Successful candidate will have a BA/BS, preferably in economics, finance,

　　statistics, and computer science or other quantitatively oriented field, as
　　well as programming and data management skills. ”
　　我的想法大概如下，先争取做两年fund公司里risk或data analyst的工作，多了解多学
　　习，有机会就转到equity research里。如果美国找不到，通过这两年的经验，回亚洲
　　能找到一个equity research的position也行。

　　现在我的困惑主要是
　　1。如果在fund公司里做data analyst对今后找equity research的工作到底有多少帮助
　　，从job description看，除了接触了金融data，工作和er完全不相关啊。
　　2。如果有帮助和共性，那么我就这么打算了。如果没有，那还有什么途径可以让我找
　　个equity research的工作？

　　3。现在背景太弱（正如我说的看投资版的一些分析贴都是半懂不懂），除了学习cfa以)外，有什么经典的书籍和好的网站可以帮助我增加做equity research相关的知识。
　　4。对于别的金融工作，大家看我的背景，还有什么推荐的？（我不想做quant的）
　　恳请大家特别是有经验的过来人指教。十分感谢
　　-------------
　　发信人: GTR (缤纷生活), 信区: Stock
　　题: Re: 有做equity research的么？职业生涯开始迷茫了，求建议
　　发信站: BBS 未名空间站 (Mon Oct5 23:10:03 2009, 美东)
　　首先我不知道你为什么想做equity research。我对sell side的有些了解。它其实是一个非常累人，非常没有技术含量的过渡性工作。最牛的equity research的人，最终就是去大公司当个C字头的。它其实就是个华尔街的枪手。对写文章的要求非常高，反正就是那种官腔十足的八股文。牛市的时候，容易写，反正都是些涨，那就吹吧。所以牛市的时候，经常出所谓很牛)的枪手。熊市的时候，没人看equity research，大家都盯着大势看，挑个股很无聊，大家喜欢追捧economist的观点。所以基本上牛市，大家看看equity research analyst2

　　说什么，熊市就听牛的economist。
　　具体的model，equity research的那些都很简单。很多analyst都是乱搞的，你要真地看过他们的model，你会疯掉。但equity analyst非常累，行内的任何消息，你都必须第一时间知道。所以，你要24小时关心你这个行业在全球的任何信息，这个相当累人。
　　所谓的牛analyst，也就是知道得多，人面广，但他们的分析观点不一定有任何道理。
　　就收入而言，以前牛市当枪手，赚得多，主要通过banking deal赚钱。现在政府查的严，枪手日子不好过，收入也大大不如以前，在投资银行里，又累，又赚不到钱。
　　equity research也就要求CFA，用来唬人的头衔。一般不用phd或者FE。当然某些行业的分析是，比如半导体啊，化工啊，你会发现有理科phd背景的人。
　　总之，equity analyst是个很垃圾的职业选择。
　　-----------------------------
　　我觉得,里面说的,确实很多都是对的.

　　一看，就是过来人，或者有好朋友在research，自己在别的单位。
　　我对‘equity analyst是个很垃圾的职业选择’
　　这个我持比较保守意见。
　　不排除这位高人，一时心情不好，说出来的气话。
　　其实research后来去sales，buy side都有。
　　长期一直一个职位，可能都垃圾。
　　但是research得起点，还是不错的，理性来说。

日期：2009-12-06　22:38:07

　　另一个post，但是全英文的。
　　hope you guys like it, pretty in-depth stuff too:
　　---------
　　There are many kinds of equity researches.
　　At least, there are fundamental and quant equity researches. Based on your background, quant equity research fits you better.
　　There is also differences between buy side and sell side. Buy side has better career track than sell side and they do better research. The reason is very simple, if you can build a model to make money, company will hide and use it, instead of publish it.

　　If you are single, and want to practise your writing and communication skills, go to sell side. It was a typical path to work in Wall street firms for a few years (work very hard) and then change to buy side (work less hard but may have better position).
　　will be good if you can go to buy side directly. But starting from Data Analyst or IT Developer may not meet your expectation. Typically, when a company hire you, they just want you to do that specific job. It is very rare that one can change to be a research analyst.
　　It is true that the job of Data Analyst is very important to the investment process. However, it is almost the most tedious work. Be prepared to spend most of your time to find some data errors, contact vendors. Some data analysts may feel they are serving the whole company, but there is no doubt that data is the key to the success of the business.

　　Risk analyst position may be more interesting. Depends on what types of work it is. Some positions are to build and improve risk models, this is almost , like a research position. It requires lots of math and you do not need too much business or fundamental knowledge. More importantly, you could learn more from this job, and it is easy to carry what you learned to quant equity research.

　　Some positions are just routine work which is responsible for checking whether the generated portfolios satisfy the required risk constraints. It is more like a compliance job to make sure the portfolio does not violate any mandates. You can still learn something, but it is less exciting than
　　the other position.