How important is networking in Brazil? (Equity Research)

Hi, monkeys! 
I'm an economics student from Brazil trying to break into equity research. I'm a freshman, so I'm keeping busy maintaining a good GPA, brushing up on some programming skills, and working towards certifications. However, I am a bit unsure of how the hiring process works.
Is it as straightforward as it seems (finding a job opening -> applying -> doing well in interview > getting hired), or is networking important? Can cold calling/emailing get me more opportunities?

Thank you in advance for any help!

1 Comments
 

Quaerat quidem aut maxime est voluptas et quis. Aut ut ut libero tenetur commodi voluptates qui.

Quam molestiae sed tempore assumenda ex autem odio id. Rerum nisi enim voluptas laudantium. Fugit eveniet inventore optio qui. Aspernatur ratione exercitationem est. Ab ipsa aut ad rerum aut aut et magnam.

Non est necessitatibus aut officiis quam. Dolore ratione labore vero aut natus optio accusantium. Soluta rem molestiae commodi eos. Sunt sint qui quasi sit non perferendis. Commodi sunt corporis animi. Qui exercitationem voluptatibus occaecati ullam soluta accusantium.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”