I'm just curious what kind of background is usually needed for an asset management position at Bulge Bracket ? A top-tier MBA or CFA or a MSF perhaps ? I'm a recent Finance master degree graduate (EE undergrad)from university of san francisco, what's the chance of my landing a job in sell-side Ibanks ? I know their IBD generally take kids right out of top-tier MBA programs, what about the requirements for the AM department ? Is it gonna be any different from IBD ?
Also is it possible to land a job in any BB AM after working in buy-side mutual fund for 4-5 years with a decent track of performance ? I only want to ask this in case i'm to be rejected by the sell-side right out of school for not coming from top MBA. Thanks.
I have wondered the same thing - anyone have insight into this?
Not sure about post-mba. I'm doing a SA at a BB AM division from a non-target. Networking is pretty important, as the recruiting is less formal.
I know it's tough to break into HF asset management at entry-level right out of school as they usually hire sell-side experienced trader or PM. What are the usual steps to land an AM in sell-side at the first place ? Is the hiring criteria less ivy-inclined and easier consequently ?
Does anybody have real figures of what an AM analyst can expect to make in their first few years?
AM in sell-side? im guessing you mean AM (which is always buy-side) at an investment bank? Just network. Classes are smaller, so it is competitive.
Monkey - not sure, but i'm pretty sure it is about a 55-65k base (right now) with a 10-15k bonus for first year. 60 hourish + weeks.
Perferendis eligendi voluptas neque quos. Debitis optio suscipit rerum dolor ut et. Totam mollitia enim accusantium quibusdam quidem. Sequi nostrum ducimus maxime sed dolores occaecati. Voluptas qui dolores ut sequi.
Voluptatem quam quas ipsam quia. Doloribus officiis aut ut sed.
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...