Capital Markets

Graduate School Business School - MBA
1

<p>I was listening to someone talk about this job and it sounded great. Can anyone tell me more about it or show me a web page? I can’t seem to find too many sites about it – that might be because this isn’t the official name for the job. I think the real name has something to do with equity. The job involves either equity or debt and you have to either develop models or get people to buy or sell tremendous amounts of shares, bonds, etc.</p>

<p>Can anyone tell me about those?</p>

<p>Also, I was just wondering, is it possible to be a religious Jew and work on wall st.?</p>

2

<p>a lot of Jews are bankers</p>

<p>its a stereotypical Jewish job</p>

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<p>Yeah. But are they religious?
Can anyone tell me about capital markets or even if I have the name right?</p>

4

<p>ok so bump</p>

<p>no one knows the name of the job?</p>

5

<p>the term capital markets is almost all encompassing</p>

<p>it includes the stock market, the securities market, and the primary market</p>

6

<p>as Cmaher said:
The capital market is the market for long-term loans and equity capital. Companies can raise funds for long-term investments via the capital market. The capital market includes the stock market, the bond market, and the primary market. The capital market can be contrasted with other financial markets such as the money market which deals in short term liquid assets, and futures markets which deals in commodities contracts.</p>

<p>so essentially there are many jobs that deal with capital markets.</p>

7

<p>The high-visibility wall street jobs (investment banking) I’ve been exposed to have very demanding work schedules where weekend work, and/or weekend travel, is not at all uncommon. When something needs to get out, nobody is going to stop because it’s Friday night/ Saturday. In many cases one can work around this, but there may be other times when you can’t. I have never met an observant jew in investment banking during the eleven years I spent on wall street. That doesn’t mean there aren’t any, or that there can’t be.</p>

<p>I did however know an observant jew who did quantitative support/analytics development on a trading desk. And also one who worked in back-office computer applications. </p>

<p>Generally speaking the trading floor is less likely to have big conflicts with weekend work. However I have never met a trader who was an observant jew.</p>

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<p>thanks everyone.</p>

<p>the capital markets i was thinking of has to do with getting like billions of dollars of, say, bonds for a company. you can either be on the equity side or the debt side.</p>

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<p>md, can you tell me some more wall street careers that would work better for observant jews?</p>

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<p>I think many of these careers would be achievable, if there was an environment where a number of similarly-minded people were there already. The minor work constraints are probably no big deal really, in practice, I imagine. I just haven’t seen many of them there, even in capacities where no obvious conflict exists. Except as I indicated previously.</p>

<p>For example, off-hand I wouldn’t see why research would be any problem. But I don’t recall any orthodox people in research. For whatever reason. Maybe I don’t know enough about their jobs.
Ditto trading. Though I guess having to be absent at certain times when everyone else is trading could be an issue.</p>