I graduated from an extremely non-target undergrad with a degree in finance. Since then, I've worked at a small bank for a year assisting in the management of the bond portfolio which is heavily weighted toward munis. I'll be getting a Master of Accounting at a respectable program and graduating in 2017. From that point, my plan has been to work in Big 4 audit for 2 years and transition to TAS. However, I have become very interested in Public Finance Investment Banking since I have been working at the bank and am interested in pursing an analyst position after the MAcc.
So, my question... What are the chances of getting a public finance IB analyst position after graduation from the MAcc program? If that is not possible, would going into audit and then trying to make a jump to public finance make sense? Is there anything specific to focus on while back in school that would make me more appealing... like a financial modeling course even though the modeling is different in PF? I would greatly appreciate any advice.
Getting a public finance analyst role out of undergrad is very possible, and a Macc is very un-necessary for public finance, but I see no reason a Macc would hold you back. The hiring managers in PF groups rarely encounter a young finance professional with a genuine desire to underwrite muni bonds, so if you can convey that it would REALLY make you stand out. I would not plan on doing audit or anything else as a 'stepping stone' for PF. I would just focus on networking...public finance groups aren't inundated with kids trying to get offers (such as IBD is), so they're probably much more receptive to networking efforts
Corporis quas saepe sint ut. Officia aut minus possimus praesentium porro eos animi. Praesentium consequuntur nihil dolore et veniam pariatur.
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...