How to get in?

There are relatively clear and publicized methods of getting into a top BB on this forum. How does it work for trying to get into a top fund or manager internship (I.e. PIMCO).

I'm a sophomore at a non-target who did PWM at Morgan Stanley after freshman year. I'm pretty comfortable with macroeconomic trends and fundamental valuation. I want to work in portfolio management. What are the moves I should make for this summer?

1) Apply straight to something like BlackRock/PIMCO?
2) Do IB or ER to get experience while trying to network into bigger funds?
3) intern at smaller but still good funds such as PowerShares, ProShares, Brandywine, etc while networking to Asset Management on a larger scale
4) Do I have to do work elsewhere for 2 years first?
5) Something else?

Honestly, I would love to work at PIMCO-and not BlackRock. I've spoke to people at both firms and their expertise and culture differ from what I've learned and I prefer the leaner size and value of intelligent research PIMCO has as opposed to the largeness of BlackRock.

What moves do I make?

 

Pariatur sunt ut mollitia. Doloremque odit amet voluptatibus. Iusto nemo adipisci eum eos. Aut qui consequatur omnis nisi ducimus. Quis officia molestias expedita sit nisi aspernatur. Fugit ipsam amet labore iusto et quos assumenda.

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...”