Canadian PhD (Medicine) w/ biotech & finance experience aspiring to work on Wall Street

Hi Everyone,

I am a PhD student doing clinical research in the field of medicine at a Canadian university. I have had a strong interest in finance, largely derived from trading experience and research over the years. I have built a fairly solid CV and will continue to do so until the end of my degree.

As a member of the BoD of a biotech startup in the fundraising stage, I have become further aware of the opportunities that exist on Wall Street in Equity Research and Investment baking at some big firms including Piper Jaffray, Jefferies, Guggenheim, and Cowen, wherein PhD's with bio/medical backgrounds are sought. I have also seen that posts MD / PhD Fellowships every now and then.

I'm looking for some advice on how to pursue a career in financial services, given my position.

Some specific questions: Should I take the CFA Level 1? Do I apply for a visa before applying for a job or apply to a job and hope a company sponsors me? I am in the 3rd of 5 years - when should I begin applying / testing?

(TL;DR: I'm a Canadian PhD (med) with biotech experience looking to pursue my interests in finance for a career on Wall Street).

*Though I have searched, if there are any similar threads on this forum, please kindly refer me to them

2 Comments
 
 

Et non expedita quos explicabo est magni alias. Natus perspiciatis voluptas beatae non corporis fuga consequatur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”