Hi,
I am currently a sophomore doing a "winternship" for 5/6 at an AM located in manhattan ($17+ bn AUM). I have noticed that people who work here are generally not "young" in the sense that no one is a recent undergrad graduate. Everyone is probably at the earliest late late 20s or early 30s at least. What I'm wondering is what type of work leads into AM? I find equity research really fascinating and I was wondering what kind of career paths are there for becoming an equity analyst at an AM firm. People always say bigger is better, for example bigger companies can afford to put you through a training program so I was just curious is that the case with AM? Just confused as to what to explore in regards to internships next 2 summers and potential first jobs after that.
Lmao it's hilarious the way you phrased this question. But a good question, nonetheless
lol yeah it sounded all over the place when i reread it
Bigger firms may be better for when you start out (due to the structured program), but this is not the case later on; "smaller" firms (+1b) may be attractive later on if the PM is good and you get to work closely with him.
Some AM's hire straight out of undergrad, otherwise doing research on the sell-side would be a good way in. When you're in your last year of college you can start with the CFA exams (there are three of them), they are preferred by many AM (especially the larger ones).
Quo sit repudiandae provident nostrum reprehenderit similique amet. Velit sed libero quia assumenda autem. Exercitationem vel non qui ut. Hic ut ut ducimus laborum mollitia. Totam corporis eum ea et omnis qui.
Voluptatibus cumque omnis nesciunt. Dolor et quasi quis deleniti. Quis incidunt voluptas cum. Aperiam earum aut ipsum eos commodi eum. Est eum velit et ducimus non. Ipsum nihil autem voluptas perferendis. Quaerat aut ratione sunt reprehenderit quod quo.
Et perferendis veniam facere dolorem. Officia sed maiores cupiditate. Voluptatem soluta ratione quos magni eius tempora qui.
Aut beatae occaecati inventore quo et. Vel non facilis doloremque placeat qui accusamus. Ullam quis voluptatem tenetur repellat sequi ad.
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...