Front Office Vs Back Office
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In investment banks the relationship between the front and back office is a slightly different kettle of fish.
Front office vs back office. The front office has sales and marketing departments whereas the back office has the admin department finance and accounting department hr department warehousing etc. Front office activities include those that directly connect to customers or clients such as marketing sales service and support. Investment banking jobs in front office vs middle office vs back office offices explained.
The front office the middle office and the back office. The front office of an investment bank is the division that makes the bank money that is it brings home the bacon as someone said. On a conceptual level many firms are divided into three parts.
The main responsibility of the front office is to generate revenue and also increase the revenue of the company whereas the others s duty is reducing the overall costs for. The terms front office and back office are used to describe two general facets of all customer or client related business operations. It serves clients both individuals and corporates directly offering them financial products that they can buy.
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