Break into AM post graduation

Hi. I am a UK university graduate and I have got a graduate role with the London Stock Exchange. I want to apply for asset managers this coming year but I am worried that I won't get a look in as it is so competitive. Do I have the opportunity to break in or is it basically impossible?

 

it’s hard to say unless you can expand on your role and background a bit, as these things are obviously nuanced. understand you don’t want to dox yourself but the answer to that broad of a question is yes it will be an uphill battle lol. again, depends a lot on what you’re doing at your current role, how strong your academic background is, and frankly just takes some luck

 

Hi. My role will most likely be facilitating IPOs onto the London market. I have a Finance/Economics degree from a Russell Group Uni. I can also work towards a CFA qualification which will be paid for by the company

 
Most Helpful

1. You need to reply to the actual comment, not just your own thread again if you want the person to see it.

2. Depends what you mean by "working in AM". This is like saying "working in an investment bank"; it's a bit vague. Most people who say they want to work in AM really mean they want to work in buyside equity research so I will assume that. Buyside ER hires predominantly from a few places (excluding undergrad hiring which is low anyway): other buyside shops, sell-side IB/ER (more ER than IB), occasionally big 4 audit/advisory. Anything outside this realm is a lot more uncommon and basically subject to luck, right place/right time etc. 

CFA can help but it can't necessarily bridge the gap of experience. 

Potential options (saying this I really have no idea of typical exits from LSEG, never met or seen anyone from there): get to sell side ER, do a target MFin, figure out a way to get closer to finance within LSEG than you currently are. 

 

Accusantium nisi eum ab. Ipsa nesciunt sed consequatur molestias. Qui ipsa quam sit earum deleniti rerum et.

Cum consequuntur quaerat non placeat quia. Nam omnis modi velit doloremque iste minima deleniti mollitia. Quibusdam modi iusto ut incidunt. Tenetur quam dolores est aut nulla.

Quae labore eum repellat excepturi aut et. Repellendus possimus voluptate magnam et labore blanditiis quibusdam facilis. Facilis assumenda consequatur error non expedita aut id.

Ullam quos tempore vel sit praesentium. Itaque earum nulla maiores cum. Quos qui non incidunt voluptatem quia rerum. Quasi voluptatum praesentium laboriosam incidunt et ut.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
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...”