<p>Anyone familiar with the relative difficulty of breaking in to S&T vs. IBD?</p>
<p>In truth, the top people choosing IBD will go to GS, MS, ML, and the top people choosing S/T will go to GS, DB, etc, and the top people choosing quant asset management will either be at elite HFs, or internal asset management arms of banks (i.e. GSAM quant). different areas for different skillsets. a guy suited for GS IBD may not be able to do stats worth beans and would never make it past the resume screen for GSAM, while a quant at GSAM may not have the interpersonal skills for sales. for most people though that are throwing their resume in the ring and get an "i-banking" job somewhere, IBD will probably be easiest among these "front-office" jobs, simply because there's many times more spots available and they're willing to accomodate any kind of background (Sales too, but not as many spots), numerate or not.</p>