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Economist on "HRM MRM LRM Rankings of "Street Cred""

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So finance has its own sub "club" based on your "Street Cred" separate from your university affiliation. I will try my best to outline these.

VHRM

Portfolio managers at large firms whose decisions move the market.

Same for Traders with their own book. Bridgewater, PIMCO, Omega Advisors, Virtu Financial.

Research Analysts at large investment banks that move the markets

HRM

VHRM roles but in a smaller more advisory setting with less decision making. I.e. tech sector analyst at a fund, research associates, quant programmers with freedom to suggest strategies

MRM

Mid office roles including programming. Sector allocation analysis, consulting type roles, i.e. Wilshire Associates.

LRM

Back office roles.

If there are a questions please ask.


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