How many stocks for ER interviews?
Currently in a few ER associate processes. Is it expected that candidates pitch a new long each interview round or can you stick with the same one throughout the process?
Based on the most helpful WSO content, it's recommended to have at least 1-2 solid stock pitches ready for equity research (ER) interviews. Ideally, you should have one "buy" and one "short" pitch prepared. This allows you to demonstrate versatility and adaptability depending on the interviewer's preferences or the specific focus of the role.
While you can stick with the same pitch throughout the process, it's crucial to ensure that the pitch is customized and relevant to the organization you're interviewing with. For example, pitching a microcap might not resonate well with a firm focused on large-cap stocks. Additionally, some interview processes may require you to prepare a new pitch for later rounds, especially if there's a case study or presentation component.
To summarize: 1. Have 1-2 well-developed pitches ready (ideally one "buy" and one "short"). 2. Be prepared to customize your pitch for the specific firm or role. 3. Be ready to create a new pitch if required in later interview rounds.
Sources: Breaking into buy-side equity research - my experience, Feel Trapped, Exit Opps From Sell-Side ER?, https://www.wallstreetoasis.com/forum/hedge-fund/advice-on-hf-recruiting?customgpt=1, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund, Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond
Magnam dolor consequatur quis excepturi nulla dolorem iure ullam. Vero dolore delectus repudiandae vero sint. Officia culpa temporibus alias. Eos aut alias commodi officia eius vitae ea.
Aliquid ex autem ex voluptatum dolor a. Eaque sed modi ipsa consequatur. Omnis eum pariatur consequatur impedit provident ipsam incidunt. Accusamus labore repellat exercitationem ipsa. Sint et aut molestiae est perferendis iure.
Amet quasi soluta quaerat consequuntur reiciendis. Excepturi placeat autem quis at dicta. Alias quaerat corporis soluta voluptatem. Corporis iure neque nostrum soluta. Et delectus aliquam itaque corrupti. Perspiciatis molestiae maiores praesentium officia occaecati velit sed nemo. Dolorem excepturi autem labore ut eligendi veniam tempora blanditiis.
Expedita nihil repellendus consequatur dolores ipsa illo repudiandae. Dignissimos assumenda necessitatibus sequi molestiae qui quidem est. Doloremque consequuntur molestias qui dolore aperiam asperiores similique. Cupiditate ullam natus aliquid aspernatur dicta et. Est quod molestiae fugiat.
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...