Fidelity Investment Research Interview

Have an upcoming c/o ‘25, Summer ‘23 intro interview for Fidelity’s Investment Research. On a basic Google search, I couldn’t find much regarding the division nor Investment Research as a whole. Anyone have any insight into this program, ways to prep (both broadly for investment research and this specific program), the types of “investments” (i.e., equity/debt/futures/commodities) that I’d be researching? I expect it’ll be a light, first round, behavioral interview, but im overall seeking to gain a better understanding of what the job entails to better craft my narrative if/when they ask “why IR/Fidelity”. Lastly, but least important, I assume this would be a great sophomore summer internship to throw on my resume pre-IB recruiting - can anyone confirm?

 

OP which location are you interviewing for? And did you network? Applied a few weeks ago

 

Boston. Believe that was the only location. Also applied for Direct Lending (CHI, IL) and ESG Investment Research (Boston & rejected). Wbu?

 

I’m at fidelity rn and the recruiter said there are under 10 positions available for the IR positions. She said to emphasize work experience (Fidelity is cutting out schools for those at non target).

 

i don't think it would do much for IB recruiting since IB recruits spring sophomores so you will get an IB offer before you even start the Fidelity Internship. 

 

This is how most sophomore internships go. Recruiters do care that, come spring recruitment, you have something to discuss on your resume that’s relevant to finance. Especially if it’s a competitive position. Why do you think sophomore SA’s at BB’s are highly coveted and competitive? Because recruiters like to see that you have finance related internship for sophomore summer.

 

Went decent. Felt like I connected well with recruiter and showed my personality. Definitely could’ve prepared better on some inevitable questions that I got too lazy to research (I.r., why Fidelity). Recruiter said I won’t hear back on super day invite until early August.

 

Anyone hear back about final offers? I did superday three weeks ago but haven't heard anything. HR recruiter said in the beginning that we should hear about final decisions in mid to late August.

 

Have you heard back now? It’s been a week since my SD, didn’t hear anything

 

Ex assumenda quibusdam similique libero. Sunt minima perspiciatis nihil soluta.

Libero quam iste aut ducimus vel omnis. In minus consequatur deserunt quam eos eos aliquam itaque. Vero nobis sequi ullam. Dolorem consectetur aut ut aut dolores debitis.

Voluptatem repellendus amet consequuntur dolores animi quae officia. Nihil commodi ea voluptate enim. Et quos sit nisi amet maiores.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • 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 (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”