Happy to. Business Analyst focuses on the company - the business, industry structure, management, etc. Security Analyst focuses on the terms of the security - the price or yield, covenants (for debt), etc. So at the extreme, a Security Analyst might say "this is bond offers good yield in the current environment and is structured to offer investors good protection" while a Business Analyst might point out "this enterprise is highly cyclical and lacks any competitive advantages and might therefore run into trouble."
Could you please elaborate on the Business Analyst vs. Security Analyst dimension?
Happy to. Business Analyst focuses on the company - the business, industry structure, management, etc. Security Analyst focuses on the terms of the security - the price or yield, covenants (for debt), etc. So at the extreme, a Security Analyst might say "this is bond offers good yield in the current environment and is structured to offer investors good protection" while a Business Analyst might point out "this enterprise is highly cyclical and lacks any competitive advantages and might therefore run into trouble."