Which is the best option?
Hey guys,
I'm a recent grad with a 3.6 GPA from a non-target school with Big 4 internship experience. I'm not really interested in the service I'm doing at the Big 4 and want to get into investments. I have listed a few options and would love some advice as to which is reasonable with my few credentials and which I should pursue:
I have family friends in: -Local Small Day Trader -Local Hedge Fund -A Bulge Bracket Bank
No connections: -Small or Medium sized investment banks -Transaction services at Big 4
Also- If I did decide on working at a small day trader or hedge fund would it make me stand out if I applied at an investment bank after a year or 2?
Why wait to apply at an IB if that's what you wanna do? Contact that family friend at the BB and start networking. Either that or the hedge fund would be an excellent starting point. If you want to get into investments specifically, I would go with the hedge fund
I would contact the family friend at the BB as well. It's unlikely you can automatically land something there because all the analyst classes just started, but it's definitely worth a shot. Your contact in the BB should be aware of divisions that need people. That being said...BBs are getting destroyed at the moment. The best case scenario is he gets you an interview and puts you in touch with people at other banks.
I'd do my research before accepting a job with a small day trader as those jobs can be somewhat sketchy. Hedge Funds a little less so, but you can still run into some bad ones. HF -> Banking is not a common route and I'm not sure how that would go over during recruiting. Probably depends what your experience at the HF was like. Agree with tlynch - if you want to get into "investments", go with the HF over everything.
The third option - and the least attractive in my opinion, is to aim for the valuations group at Big 4. That can get you some transferrable skills.
Quasi quis perspiciatis voluptas et. Alias id facere laboriosam.
Et nam sit architecto sed ex molestias. Id mollitia quam assumenda et qui corporis perspiciatis. Doloremque nemo nostrum maxime atque ex reprehenderit vitae reprehenderit. Similique temporibus est nulla aperiam. Itaque illum ea laborum rerum.
Fugit cupiditate atque repellendus. Reiciendis minima ut voluptatem perspiciatis iste. Nihil esse maiores libero pariatur odit. Qui autem non ut perspiciatis.
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...