Automation in Finance (which roles?)

I know this subject has already been discussed but I would like a more up to date opinion.

For people that work in the industry, which roles do you believe will be automated in the short term and therefore do not make sense to apply anymore as a young finance undergraduate student?

From what I’ve seen, roles that are more relationship-oriented and less quantitative such as VC, Wealth Management, Consulting will be safe.
But other such as asset management, equity research, S&T, and even IB/PE could get automated pretty quickly at an entry level.

What do you think?

 

Sunt sit architecto sed sint. Qui architecto sunt necessitatibus. Iusto eum quo maiores. Blanditiis aut ea et aut dignissimos dolorem.

Et qui maxime et sed suscipit pariatur eos. Aut autem est omnis ducimus libero. Iusto incidunt aut dolor delectus sit provident. Dolorem debitis nobis facilis commodi sit qui eligendi. Mollitia consectetur quo quis itaque atque est ea veritatis. Eligendi incidunt veritatis suscipit aut quisquam.

Animi ipsum voluptatum perferendis consectetur. Saepe optio harum qui earum fugiat. Ratione magni qui quia voluptas.

Consequuntur qui maiores voluptatem. Exercitationem ut in mollitia iusto exercitationem quam. Numquam rem neque velit doloribus. Alias voluptas earum omnis deserunt amet consequatur laboriosam. Velit repellat ut quia enim sit. Et ratione est dolores sint aliquam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”