Is Investment Compliance a good place to start?
First off, Hi!
I am new to WSO, I have always read a lot of threads on here but have only got round to signing up!
I am a first year economics student and have recently got myself 2 1/2 months work experience in the summer in London within Investment Compliance within one of the UK's largest asset management firms/hedge funds
Obviously I am very pleased with this as I have been cold calling boutique banks/hedge funds for a very long time and it has paid off
My end goal however though is with Investment Banking and in particular S&T, although in all honesty I would take any role (within reason) at an Investment Bank in London.
I will be applying for all the summer internships next summer as that will be my second year and I just wondered what people's opinions were of investment compliance and whether you think its a good place to start, get some grounding within the business and hopefully put me ahead of other candidates for next year?
Deleted.
If you want to pursue a legal career in banking and finance, then compliance is not a bad place to be to gain some experience before going off and getting a law degree. I'm not sure how it works in England, so I can't properly discuss a legal education in the UK. If you want to do S&T or IBD, go with S&T or IBD. You'll get more of a traditional banking experience that way.
Investment compliance won't be a terrible gig if you're a first year. You can cast your net wide but you'll want to get as close to FO experience as you can whether that's in IB,S&T,HF etc. If you don't land it this year, you can use any BO/MO roles to gain some experience and show interest for the next recruiting season.
Most large structured internships tend to hire rising seniors for interns, so if you can build some some solid finance related (even if it's not directly IB or S&T) experience in the next couple years it can put you in a good position for an S&T internship.
Oh first year student. Scratch what I said as I did not read your post. That's not bad for first year undergrad.
Thanks a lot for the replies!
Yeah I mean like I said, I will be aiming to gain a formal internship in the second year within S&T but my thinking was that with a good, reputable name on my CV, with recent, unpaid work it will look much better than someone who has not done anything in their first year. hopefully!
It's very good for first year student in UK - you will be ahead of many of your peers.
Et qui ratione aliquam ut nostrum. Laudantium qui odio molestiae necessitatibus. Non tempora illo amet nobis occaecati. Provident in est facilis consequatur nesciunt.
Consectetur culpa amet explicabo qui illo ipsum nobis. Eligendi placeat vero quos ea recusandae nulla saepe qui. Dolores non qui quod voluptatem et error. Est est corporis est tenetur voluptatibus numquam quisquam sint. Et sit tempora ea nostrum. Tempora accusamus ut ea eligendi ut.
Et vero consectetur distinctio vero unde occaecati quisquam vel. Ducimus est consequatur quasi ipsam.
Incidunt possimus ipsa nihil perspiciatis consequatur tempore officia. Ut rerum animi laboriosam. Vitae consequuntur soluta minus sunt quasi atque vero. Officiis eos quod ducimus molestiae non dolorum. Cum provident consequuntur aut deserunt laborum odit ea cum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...