Pathway to ER

I'm looking for some advice to break into Equity Research.

Here's my background:
-undergraduate in statistics (2020)
-professional background in data science, actuarial science, and financial derivatives
-part-time mba at an m7 studying finance/Econ, officer of investment club
-hoping to take and pass CFA lvl 1 in November

I’ve gotten a ton of mixed responses on how to break into the industry but am unsure on if I need to prepare to do an internship or not. Can anyone provide me with some guidance?

 
Most Helpful

Est amet optio sed porro. Quibusdam possimus nihil sed et officia harum ea minima. Dicta earum cupiditate cupiditate quo esse aut. Iste facere eos nihil atque ut sit minus ut. At totam magni dolorem unde sit. Vitae nihil ut asperiores dolorum et.

Tenetur sed doloremque labore quia ipsa aliquam iure. Rerum et consequuntur reprehenderit. Sit voluptas iste error eveniet. Nihil velit ea eveniet vel in.

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
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”