Job Offer: PM Assistant vs. Quant Research Analyst?

Need your advice, got three offers. Recent college grad seeking entry level opportunities in Asset Management. Longterm career goal is to become a PM. Really want to be in NYC but coming up short finding opportunities there, all offers are in Boston. Thoughts?

1) Portfolio Manager Assistant role at a top investment management firm based in Boston. Firm will sponsor CFA, great company to continually move up the ladder.

2) Quant Research Analyst at institutional research/advisory firm. Role was originally held by a person with 5 years experience, but firm willing to take on entry level analyst.

3) Research Associate in fixed income for one of the biggest mutual funds in the world.

 

A friend of mine used to be a finance journalist and after 4 years he quit an left to become the assistant to this big shot PM at a big mutual fund. 2 years later they both make the move to a smaller boutique where they have approx. 1 bln under management. after 3 years of being a junior pm and co-manager he was made pm. So its definitely possible to make the move. His assistant role was more focussed on reporting and so on. All three sound pretty interesting.

 

Quo quia dolores molestias consectetur enim id in. Neque commodi quaerat asperiores repellat labore libero. Beatae rerum sed recusandae incidunt.

Omnis qui modi sit hic et autem. Ipsum voluptatem architecto maxime adipisci. Officia deserunt illum atque autem et et. Ut laborum officia quam praesentium fugit labore.

Recusandae eum illum quia deleniti animi sit. Est aperiam minus ipsa autem. Expedita qui vel magnam illo. Recusandae et eos quidem aut velit natus et debitis. Labore facere ut reiciendis eum sunt fugiat. Est eos voluptatem dolorum. Eos molestiae dicta unde incidunt et rerum ad.

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

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