Sophomore / Rising junior here, going to be an SA at a highly ranked BB in the coming month.
Not an expert by any means but I've read a lot of material and done the math wrt how long this cycle's been, and I would like to prepare myself for the possibility I will be graduating into recession territory, given I have 2 years in school left to go.
I'm not terribly concerned about being unemployed, as I have a decent profile, or at least I can do an MSF to lay low for a while. What I am trying to do is to do my best to prepare for what may be a down season for some industries/products and a good time for others.
So I know restructuring / special sits will be big. But apart from that, which areas in finance will be good to jump into at the outset of a financial meltdown, or at least won't be affected significantly by one?