How “stuck” to your industry are you in ER?KG55September 25, 2020 - 11:42am
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As an ER associate in a certain industry, how much would you be tied to that industry regarding exits? I’m guessing its not as intense as “you can only go into XYZ industry after ER” but not as easy as “you have an equal chance at any industry”
Using industrials as an example, how well would a coverage associate be able to exit into corporate or investment functions in a completely different industry like software? How would that compare to trying to find an IR role in the same industry you covered?
Region
Financials and biotech / pharma (not other parts of healthcare) are the only two where you could be "stuck".
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How so? Is it because of the different structure (bank) or technical knowledge (bio)? Would the same also apply to real estate?
Oooo, REITs yeah somewhat specialist-ish, but at least you develop knowledge of the REITs end markets (how retail is doing, how industrial is doing, how office is doing, etc.)
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With all that said, if there is a will, there is a way. You can argue financials (dead) -> fintech (growth). Biotech is obviously growth, but I don't see how biology / chemical knowledge transferable outside the healthcare space, maybe in oil and gas, but then that's another dead space (arguably).
Shockingly, utilities are actually fine because they are pivoting to covering clean-tech / renewable, which is growth.
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