4.0 GPA, taking CFA Level 1 in august, graduating in a month, no job lined up

I'm currently in my senior year of college at a non-target with a 4.0 and I'm scheduled to take the CFA level 1 in August. I want to work in AM, but due to my imprudence didn't start applying until a month before I graduate. Any recommendations and how to approach this situation. My ideal terminal role position would be a portfolio manager, and with that I'm looking for a place that I can learn the most in, which I'd imagine would be the top shops whose positions open up a year in advance. Is networking my only chance to get an attractive AM position or should I accept that I'll likely have to settle for less? Also, on a kind of side note, what roles would best put me in the position to become a portfolio manager? ER or just working my way up as an analyst at a fund? 

4 Comments
 
Most Helpful

Any internship experience? Assuming none, your best bet is to take one of the following (considering It’s likely too late to recruit ER/AM and, in addition, it will be tough to even break in without internship/extensive networking.):
1) Get a related finance role > CFA/MBA/MSF > SS ER > AM
2) Direct MSF > SS ER > AM (maybe CFA between SS ER and AM)

These would be the two paths that would lead to your highest chances of breaking in imo. However, I’ve seen ex-commercial airline pilots break in to ER so it’s always possible regardless of your background.

 

I was apart of the student managed investment fund for 2 semesters in which I definitely learned a lot from, however on a resume that won't stand out compared to a related internship. I also had a corporate finance internship this last summer, but not very relevant for AM.

I don't plan on doing MSF because of the cost, so as for "related finance role" what would you recommend? Any second or third tier firms you think I would have a shot at if I networked? 

 

Maiores sunt et aut veritatis. Corporis corrupti totam ut sequi et id amet voluptates. Consequuntur deleniti nemo quis. Ad illo nobis doloremque dolore similique alias molestiae. Voluptates consequatur quidem reiciendis eos. Odio tenetur nulla aut sunt.

Quaerat dignissimos ab odit ad fuga. Ea cupiditate deserunt amet rem dolorum voluptas aliquam.

Tempora laborum omnis voluptatem a tenetur autem. Sed et placeat modi ipsum enim cupiditate. Quia laboriosam officia eligendi assumenda. Repellat aut aut commodi dolorem aut.

Illo veritatis possimus sint distinctio rerum soluta velit. Ut dolorum non tempore repellat assumenda itaque.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”