How high should I sit the bar?
Hello everyone. After contemplating my offers for quite a long, long time, I took a training programme in a top AM firm in London (approx. $1T AUM). I will sit for an "extended internship" for 6 months first before taking regular trainee tasks (I also don't know about this, never spotted it when stalking linkedin. Weird), with promotion to analyst guaranteed for good performers. Note that I rejected sell-side ER to be here.
I'm just too anxious about what I should expect in terms of my knowledge and skills relative to my future colleagues. I passed CFA L1 and studied for L2 thoroughly. I've had wide exposure to buy-side clients when I was doing valuation. I read dickthesellsider's library almost in full. I do have a good market insight overall and am always looking at what's new from professional money managers. I'm just fretting the possibility of being a shitty ignorant employee in general. I know people at LO AM are extremely knowledgeable, but to what extent? Those in the field, what should I expect?
Sorry if this sounds ridiculous. Just wanted to get it out of my head.
Chill out. They do not expect you to come in as an aficionado. You seem to have done a lot of prep already. Being an ignorant employee is almost unavoidable for your first few months in a new job, especially in AM - everyone knows and expects this. They want to see how you develop, not necessarily how you start.
Bingo. You're going to effectively be a cost center and not a revenue generator for the first six months. They know this, and you should too. That's exactly why they're going to have you go through that probationary/break-in program first. You landed a spot there. You're not having to play to win, so deep breath. You're in the seat now so let that anxiety go and just focus on meeting the goals of those next six months. Accept that you're not going to know it all from day one as much as you want to (it's actually a great spin of an answer to the "what's your one weakness/concern about this position?" question). I'd be more concerned about someone fresh coming in thinking they know more than they do and making harmful mistakes than someone that didn't get something done because they simply haven't ever done it before and didn't know what they were doing.
What is this?
Veritatis illum molestiae possimus perspiciatis. Rerum totam qui voluptas id sunt. Dolor est ex neque autem et consectetur. Neque soluta id voluptates tempore sint totam. Tempora eveniet voluptatem est voluptatem. Soluta harum vel autem consequatur vel deserunt provident.
Veritatis nemo voluptatibus omnis voluptas. Magnam facere dicta quaerat rerum. Voluptatibus vitae non harum praesentium rerum. Aut amet officia quam nemo tempora. Qui quae unde saepe porro qui. Consequatur corrupti inventore rem. Quaerat molestiae ipsum omnis commodi nemo.
Molestias praesentium qui voluptatem beatae ipsam. Commodi reprehenderit rerum rerum ut. Et et quod perferendis et enim. Tenetur ipsa quam alias temporibus illum.
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...