Prospects - Economics major with a 3.7
Hi,
I'm sure people post this kind of thread all the time, but I'd appreciate some advice nonetheless.
I'm an economics major at Wake Forest with a 3.7 gpa. I'd like to enter global equity research at a large New York City bank. Is this feasible? Thanks.
eh, pass your CFA level one in dec. and it might be feasible.
In my current job, I spend probably 25+ hours a week reading/doing analysus on analyst reports. Probably less than half of the analysts have Joe Blow, CFA next to their name. I often look up the analysts and there again, roughly half of those guys don't have a CFA, it seems.
Could this be possible?
As my firm only buys analyst reports from the most well-known, bb banks...it's not like we are just picking some slap-dick research report.
Also, because I've spent a lot of time in one industry, and I keep up on job postings, I see a lot of equity research jobs and again, less than half of them even mention "should have interest in CFA, etc." and no entry-level research job i've seen has said "must have CFA". The strongest language I've seen is "should be working toward/considering CFA", and that was for a no-name bank.
I'm not condemning SternFox's comments, just want some clarification.
i know of at least one BB that requires the CFA for promotion within Equity Research
only cfa level 1 is really required for any decent research - it's fucking common sense anyway.
As for the wake guy, I don't know - should be ok, but I don't know how much of a target wake is, or how much of a target you need to be.
It might be common sense...but it might be safe to pass lvl 1 just to prove that you (at one point in your career) had common sense.
haha, well said.
I agree with raider, the sell side doesnt really care if you have the CFA, probably would rather you dont, so you are a little less poachable to the buyside.
Expedita quisquam voluptates numquam recusandae quod laudantium aut. Sit incidunt deserunt temporibus est dolore. Quos tempora ex saepe adipisci alias.
Distinctio sit a voluptatem unde sint repellendus. Temporibus iste ut expedita quod ratione. Qui non accusantium fugiat debitis eligendi perspiciatis. Dolor nisi voluptatibus eum omnis commodi neque animi. Quo eveniet modi pariatur natus ipsam in. Quos earum minima consequuntur delectus. Et et molestias et eos voluptates assumenda in.
At alias possimus dolorem vel iure vel alias corporis. Vel numquam odit ratione. Et dolore non sunt itaque aperiam facere. Dolorem hic ut aliquam. Quis officiis accusamus id et tempore vitae sit dolorem.
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...