The “Sell Side” is a term used in the financial services industry to refer to any firm that sells investment or banking services and products to an asset management firm, pension fund, insurance company or corporate entity (known as the buy side).
These services include: Capital Markets which is a)the buying and selling of stocks and bonds (known as broking/dealing or sales and trading), b)the structuring and selling of products consisting of underlying assets and c) investment research; Investment banking which encompasses corporate finance and mergers and acquisitions, commercial banking and advisory functions.
Entry level jobs vary widely. It depends on what you ultimately want to be.:
To get into Capital Markets, these are entry level options:
Sales and Trading Assistant: $40k-60k
Sales Assistant: $40k-60k
Research Assistant: $40k-60k
To get into Investment Banking these are the entry level options:
M&A Analyst or Junior Analyst: $45-65k
Corporate Finance Analys or Junior Analyst: $45k-65k
To get into Commercial Banking these are the entry level options:
Credit Analyst or Junior Credit Analyst: $40k-55k
In capital markets the workday hours are pegged to the markets and the geography. You typically get in an hour before your market opens and leave an hour after it closes. In investment banking the hours are long, long, long. Think all nighters. In commercial banking the hours are long but all nighters are rare.