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AM - Investment Management Research Job
 

Unforseen's picture
(King Kong, 1,099
 
Points)
 on 6/21/12 at 9:04am

There's an opportunity at a BB AM division as an analyst in the investment management research position. The role is about researching managers and mutual funds.

Does anyone have any tips to prepare for an interview for this role? I got the portfolio management technicals down, as well as to how to compare funds against each other/benchmark. What else should I prepare for?

Thanks

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Xaipe's picture

In terms of basic technical

PE
(Baboon, 150
 
Points)
 on 6/21/12 at 9:37am

In terms of basic technical questions, I think you are well prepared. Like, they may ask you to pick a stock and why and some other stuff like what you mentioned above. Also focus on the market trends a little bit. They may give a broad question like "how do you think of the american equity/bonds/etc. markets", and then dig deeper depends on your answer.

If you have previous AM/ER experience, they may also ask you about the industry you were focused on. So you'd better know everything on your resume, and tell them in a proper way efficiently.

I am interning at a big AM firm in their portfolio management team, the screening process here also involves a lot of qualitative analysis. So you may wanna look at those as well, but I am not sure if BB AM apply those things as well. (Porter's five force analysis/value chain etc.)

Unforseen's picture

What other questions do you

(King Kong, 1,099
 
Points)
 on 6/21/12 at 1:40pm

What other questions do you guys think they will ask on the interview. Do you think they would ask me to pitch a fund type? Also any good things I could practice on the Bloomberg Terminal that might come up/I can show them?

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grapefury's picture

I actually doubt they will

(Baboon, 117
 
Points)
 on 6/24/12 at 3:51pm

I actually doubt they will ask you to talk in depth about a stock. Remember, you are picking managers who pick the stocks. Your job is very macro based, and how the managers fit into your master portfolio.

Xaipe's picture

Depends on how good you are

PE
(Baboon, 150
 
Points)
 on 6/25/12 at 2:49pm

Depends on how good you are on resume. If you have done something very impressive so I guess they will probably ask you some harder questions. But the tip is to somewhat lead the direction of the interview. You decide what to put on your resume, and when they ask you to talk about your previous experience, take it to the direction where you are most comfortable with. (But don't be arrogant or sell yourself too hard).

Basic questions will probably include the market trend, accounting fundamentals and stock picking. If during the interview you express the interest in one specific type of fund, then they may ask you about it. Entry-level AM interview shouldn't be too hard if you have some solid experience. You should definitely practice basic modelling skills that can be transferred to the job you are applying to. Good luck

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