HELP: Career advice - ER London

I need some advice on my current situation. Here's some context/background:

  • Graduated in summer 2017. Completed equity research internship in medium sized UK AM. Secured full time role starting Jan 2018 in UK equity team

  • Due to unforeseen circumstances, I had to be moved to the global team at the start of 2019 (not due to my performance).

  • Their investment style was completely different to what I was used to e.g. they wanted me to write up a thesis + pitch within 48 hours on a company outside of my previous sector (which I thought was dumb af) vs UK team who gave me the freedom to spend a good week or 2 writing up on a company

  • After 6 months of trying to argue my side/meet ridiculous deadlines while studying for CFA, I was let go from the company in July 2019.

It's now 2020... and I've had no real traction getting back into ER either on the buy side or sell side. My issue is I've only had 1.5 years experience therefore can't credibly apply to associate roles and I'm also being rejected from graduate roles based on my age/experience level. I feel very stuck in the middle as very few roles pop up which are looking for experience of 1-2 years. I've had 2 interviews and both haven't worked out despite the interviews going as well as I think they could have ( clearly not well enough). After slogging through 2 CFA exams (and signed up L3 in June), I'm wondering...

  1. Spending 7 months unemployed, at what point do I face the 'writing on the wall' and just say I'm not cut out for this?
  2. Frankly I only want to do ER on buy or sell side. I've thought about moving into different finance functions e.g. consulting/IR but frankly competition is almost as high. Given my ER experience, feels like it would be just as tough to land a role... in something I'm not passionate about.
  3. Has anyone faced a similar situation? What did you do to solve it?

Any advice would be appreciated!

1 Comments
 

Itaque eos dolor eius qui. Et accusantium magnam nulla impedit. Dolorum repudiandae dolores pariatur tempore. Alias eos nisi tenetur vel odit delectus amet praesentium. Ut molestias et ut sequi culpa dicta. Eaque et ut nesciunt dicta magnam sapiente possimus. Sequi rerum voluptate labore voluptas nam.

Qui aliquam qui qui sit. Sunt ipsa voluptatem itaque molestiae autem eveniet quam.

Laborum tenetur quos maxime officia. Unde earum et nisi consectetur. Ab culpa id iure sed vero. Fugit nisi veniam ipsam error. Vel inventore quo in sint dolorem at.

Magni animi officiis officia consequatur laboriosam animi. Et earum cupiditate aspernatur blanditiis maxime dolores sapiente. Numquam impedit aut at deleniti sit sapiente sit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”