How to Break into the Asset Management Industry at Top Buy-Side Firms

I wanted to start a discussion here about how to get your foot in the door when applying for AM roles. I see too many misconceptions out there in these forums.

If anyone is interested in breaking into the asset management industry, feel free to reach out.

what’s most important these days is the story/narrative you’re able to portray through your resume and interview.

I’ve conducted interviews for summer analysts and FT entry level analyst roles at BlackRock and can tell you I’ve seen too many students from top schools with high GPAs and strong work experiences. This is the pre-requisite. This is not the main thing institutions are looking for when trying to discover future talent.


There’s a lot more to it than what is just on paper. I also speak from personal experience before I went into AM
 

PM me if you’re interested in finding out more or need guidance. Happy to help mentor and guide you through your unique situation, whether it be resume reviews or interview prep. Or, comment below! I would love to hear everyone’s thoughts and experiences.

 

Curious on what firms are looking for when it comes to non-target candidates with a few years of research experience at a much smaller shop? Even after a few years in a research seat, it is tough to even get a recruiter to call me back, let alone an interview with a top firm. How do you suggest getting past the resume stage?

 
Most Helpful

The story/narrative for the person is different for everyone. It could be a personal project or side venture you’ve had to show your passion in the AM field. It could be your persistence in continuing education in a field or study or even a story of how your family introduced you to investing at a young age, etc. Everyone’s story is different, but painting the right picture of yourself is most important. Show commitment, grit, and passion for the field. Depending on your situation, the story you craft can be different. I can’t say details or help you craft your story without knowing the person you are.
 

In a business world that no longer values loyalty in the workplace, unfortunately, find ways to show your resilience and willingness to commitment. Coupled with a strong job market in the recent decade, employee turnover rates have never been higher. Show the employers that this is your passion and you’re in it for the long haul. They also like creative, diverse, and collaborative thinkers. There are various ways to show who you are as a person on your resume as well.

 

Voluptates aut explicabo et. Quaerat est est reprehenderit rerum quia. Consectetur ut quasi autem repellendus quo. Aut ad nulla omnis omnis.

Quos nihil eius et cumque vel illo. Quas aut explicabo dolorem ad distinctio quia est nisi. Ut natus officiis itaque temporibus mollitia. Ipsam culpa porro asperiores sed.

Omnis sed officia eos et consequatur cum non. Deserunt aut consequuntur sequi officiis iusto aliquam quo. Nam corrupti amet sit recusandae et voluptatem qui sit. Id rem reprehenderit voluptas neque saepe tenetur iusto unde.

Debitis nulla sit sit praesentium eum voluptatibus inventore. Autem est est optio dicta molestiae accusamus dolorem optio. Dolorum rerum veritatis commodi incidunt porro. Iure maxime aut ex earum qui sed aut. Natus deserunt eius nisi asperiores error voluptates.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”