The above is quite right.
There are two types of elements: research analyst role and sales role.
The former is a professional role, which needs certain knowledge and skills of industrial and economics.
Company does research and uses it to persuade customers to get its service ( buy securities from it), because it is hard to sell a research regardless it is useful or not, and therefore, eventually analyst help sales. Less reputable companies usually do not have a good research department
FYI, In the United State, research of banking industrial has been banned to solicit sales because of conflict of interest.
The second one (sales) is obvious. Usually, sales are conducted by no experience (new graduates with general academic background), led by highly experienced people . When you have a consultant title, it is most likely sales job. Sales job as you may know are good for certain people who believe who can move fast in career, is judged by revenue brought in, and is not an easy job. If you can stay in 3 years and not a superstar yet, you might as doing the same as you do at beginning but more used to it. If that is case, you need to think about your next step: stay there, go back to school (for an MBA?) or another company (better move up).
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