Our Featured Guest this week is Mr. Achal Phade

Achal has completed his CA & CFA and has been working in the Equity Research space for more than 5 years now.

In this time frame he has worked on the 'SELL' side as well as the 'BUY' side where he started his career with a leading Wealth Management firm, moved on to a leading MNC Brokerage House on the institutional side and is now currently working with one of the largest institutional investors in the country. Over the span of his career, he has looked at multiple sectors including Pharma, Healthcare, Infra, Real Estate, Chemicals etc.

0:00 Introduction
1:00 About yourself
4:00 What is a Buy-Side & Sell-Side
8:18 What does a Buy-Side analyst do?
18:50 What was the secret of getting your first job?
33:25 How much would an associate get paid in Mumbai?
34:30 To get into an associate level, is MBA still a mandatory requirement?
34:50 Do you think just CFA is good enough?
39:12 What is the pay for an experienced Sell-Side specialist?
45:39 Is there some sort of herding behaviour with a Sell-Side analyst?
50:14 How are the pace in general on the Buy-Side?
55:24 Is it given that your decision results in portfolio positioning?
58:50 Are you allowed to build positioning where there is a short term pay and long term returns
1:02:56 Machine Learning and AI in Equity Research
1:07:47 How useful was the CA learning in Equity Research Career?
1:15:40 Should Engineers be doing CFA?
1:16:48 Do Institutional Buy-Side people hire freshers?
1:20:40 Jobs even after CFA Level I?