Mar 14, 2023

Corporate Credit Research Entry-Level Roles?

Hi, I was wondering if anyone had an idea how many entry-level credit research positions per recruiting cycle. And also where people commonly look for these roles besides BBs and Rating agencies. I strongly considering recruiting from CLO manager internship as i'm pretty sure i want to do LO HY long-term and I'm not sure i see a path to that from CLOs

 

Just my two cents, but if you want to be investing in high yield debt from a long only perspective then a CLO is kind of the perfect vehicle for that. The structure is just a structure, depending on the shop you (analysts) should actually do credit fundamental work on HY credit names. So based on your stated goal, this seems like a good opportunity.

 

Bump— I’m trying to find a clo internship but it seems so hard to find a place that will take undergrads man

 

Honestly, i stumbled into the place I'm going to be interning at by mass applying to roles at AM and other firms with Credit Research or Investment Analyst (credit) roles. Definitely helped I had a dope sophomore summer internship, though they didn’t give me a return :(

 

In quis perferendis quia iure necessitatibus minus eligendi. Commodi quisquam doloremque molestiae. Et architecto rerum voluptatum nihil aut. Nobis recusandae sit quasi unde.

Modi sed repudiandae provident voluptas magnam est accusantium. Illum eaque voluptates id molestiae repellat. Consequatur aut qui est sit vero ut. Delectus ab illo voluptates a voluptatum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”