Would you leave your job right now?

Question

Hi all- I'm currently working as an investor relations analyst at a mid-cap company. I graduated from a non-target school with a finance degree and have ~2 years work experience (all in IR). I want to leave corporate finance and move into an investment/research analyst role. For context, there is no upward growth opps in my current job (next is VP), although I work daily alongside the CFO and CEO due to the nature of IR.

rugbyladdy · Accepted Answer

I would look into junior sell-side research analyst roles. Buy-side would be preferable, but there are going to be more open seats on the sell-side. What I would advise:

1) Begin networking with folks in sell-side research roles
2) Work on some investment write-ups (stock pitches) to share with folks you network with
3) CFA if you haven't started already

MBA could work but buy-side roles out of MBA programs are very competitive to get and you'll be competing with folks who already have pre-MBA research experience for those seats.

tuscon-sun · Answer

I’m in the same boat as you - junior IR(joined out of school) at a midcap where the lean team leads to less visibility into upward paths. Definitely think that from this seat, moving to sell-side in a junior seat is doable, particularly for an analyst that covers you. You’ll know who you want to work for and will likely know when seats open up as people leave to go to the buyside.

How I’m looking at what I want to do for my next step is gain enough exposure to IR (both quarterly experiences as well as unique investor days or transactionary work) before making the leap to sell-side.

Wellington · Answer

Hi, I am late to the party but adding my two cents as I also came from a nontarget and worked in public equity IR for 3 years, now working as a PM in asset management (BB bank).

My advice will differ from many others here. My friends in ER at junior/mid levels are pretty much equally unhappy for the same reasons you cite: no internal growth opps unless their senior coverage person vacates their seat.

For me the CFA does not represent a good return on investment, there are better ways to spend a thousand hours.

FatTrucker · Answer

As previously mentioned, many on the ER side want to go to IR. It sounds like you have great exposure to management.

When you say there’s no room for growth, are you looking for increased responsibility, a promotion, or both? Have you talked with your boss about your desire to take on more responsibility or expressed desire to get a promotion?

In corporate roles, the path isn’t always clear. There are often no guaranteed promotions after X amount of time. You have to push for what you want.

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Would you leave your job right now?

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Would you leave your job right now?

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