IM to ER FT Recruiting
Hi everyone,
I’m a rising senior at a target state school and I’ve secured a summer internship in the Investment Management division of a large global asset manager (think BNY / State Street / Fidelity).
While I’m excited about the "Buy-Side" experience, my long-term goal is actually Sell-Side Equity Research. I really enjoy the deep-dive aspect of following a specific sector and the process of publishing research.
I have a few questions for those in the industry:
1. Recruiting Timeline: When does full-time ER recruiting typically kick off for Chicago/NYC? Is it "just-in-time" or more structured like IB?
2. Skill Gap: What should I focus on most this summer to make myself a competitive FT candidate? I'll be working on investment memos, but should I be building my own independent models/pitches on the side? Any certifications I should look at?
Thank you!
Keep your head clear going into the internship, you never know you might end up loving it and it sounds like a great role. FT ER recruiting is very case by case basis with the firms and what seats are open. Keep in touch with your network/grow it and let them know you are looking to switch over to SS ER. I know firms like JPM, wells have sometimes opened up FT programs but availability is always a question mark. Hope this helps, GL
Congrats on BNY
lol came here to say this too as soon as I saw BNY bucketed with Fidelity
Culpa eius asperiores magnam nemo vel ex officiis enim. Dolorum dignissimos nisi cumque a et praesentium labore dolore. Consequatur laudantium quis eligendi nihil placeat veniam amet. Ut animi eveniet aut laborum consequatur. Ut eos ullam rerum ea officiis. Sit necessitatibus accusantium neque rem explicabo.
Molestiae illum quo velit reprehenderit laboriosam aut. Ut ipsam hic distinctio sit. Qui molestiae esse temporibus illum. Corrupti ipsam non recusandae et nisi temporibus vero.
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...