Best Response

feasible, but you have to be on top of your shit. i work in FIG at a big-3 CRA. the guy i replaced left for FIG IB. you'll get ER interviews (I had a final round at Barclays recently but didn't get the offer), but you'll have to prove that you can model.

i'd give it a year - TMT and energy are interesting industries with high yield issues. pay's subpar but it's good exp. pass your CFA lvl 1 in the meantime (shouldn't be difficult), work on your modeling, and network as much as you can.

 

Thanks for the reply. If I am dead SET on doing banking would I be better off taking an IB modeling course (3 days a week for 3 hours a day) and teach myself models the rest of the week, or would it be more proactive to pass the CFA level 1?

I can spin the story as if I was doing modeling for around 20 hours a week which would help.

Research is interesting but I see myself as a better fit in banking.

 

if you're dead set on doing banking, don't take the CFA. the CFA is more relevant to ER/AM roles.

i'd keep my options open though. who knows what opps might come up. kill it in your current role, learn those industries, learn how to model, and keep networking (most important). i'd still take the CFA lvl 1 if your CRA pays for it. depending on your background, it shouldn't be too difficult. you mentioned that the buyside was your end goal, so it can't hurt.

 

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