Investment Risk to ER

I’m working as a equity risk manager at one of the top asset management firms (BLK/ Fidelity/ AB) for 1.5yrs. Had found out that the jobs isn’t what I really want, and from the interactions I had with PMs, I think equity research is what I’m interested in.

A bit extra info about myself: went to top 10 school in US as undergrad, 3.6 GPA, CFA level 2 passed.

I’m more interested in Industrials / consumer types of sector for research. Currently working on some pitches on my own but just started recently, so probably need 1-2 more months to polish them.

I had two possible paths in my head: one is recruit directly with my pitches to both buyside / sell side. Internal is bit hard for me since the team is a bit over-hired at my firm. I am okay with year cuts, or even start from bottom again. The hard part is most my applications are not being responded, so just wonder if this is even feasible.

Second path is do an top MBA. I had my GRE out already (332 with 166 on both math and reading). Given my background I think I have a shot at the top MBAs like Wharton /HBS/Stanford. However, I’m a bit worried my background in non-fundamental finance would hurt me in MBA application, and wonder if ER actually would like to recruit an MBA with previous work experience as an risk manager.

Really appreciate the content from this forum and would love to hear some honest advice on the possible path to get to ER.

5 Comments
 

Quibusdam doloremque et dolorem enim repellendus ut nam. Debitis distinctio quo atque. Laboriosam quas est unde quia quae atque necessitatibus. Nihil nisi rerum ipsum deserunt.

Recusandae minus eius voluptates quod sequi cum. Quod modi et vel nemo. Autem ea et veritatis et cumque adipisci possimus.

Rerum ut voluptatem sint deserunt dolorem voluptatem deserunt. Aut vel quo quisquam ad sint aut debitis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”