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Re:How To Rise Fast At Work: A True Story by Tawheed on Tuesday December 22, 2009 @02:29PM (#1010556)
Here is probably how I'd break it down (based on what I've seen my friends in the finance industry do): Analyst = excel grunt work VP = budget grunt work Senior VP = investment work
Re:How To Rise Fast At Work: A True Story by jakarta on Tuesday December 22, 2009 @04:06PM (#1010806)
It depends on the fund. All funds are different so it is tough to generalize, especially since they widely vary in size and responsibility.

I have a good friend that works for a large mutual fund who already pitches stocks to the PMs. Other guys I know are simply excel monkeys.

In investment banking, it is a bit different. Analysts and Associates are excel jockeys with the job translating towards sales/deal sourcing as you climb up the ladder.

Re:How To Rise Fast At Work: A True Story by FreeRadical on Tuesday December 22, 2009 @03:29PM (#1010716)
This is very true, the junior levels are all about being an 'excel monkey'.