I graduated 2 years ago. I majored in accounting. I worked for 5 months in a major bonding company as an underwriter's assistant, officially called financial analyst. It was very technical and I really just made risk reports and analyzed financial statements for seniors..
then I worked for a year in a major bank's trust company as a trust administrator. Although it is in the world of finance in a BB and It does has some technical aspects to it, it's very administrative.
I realize now that a smaller more technical driven position is best for me in a smaller company. I have been doing some research and I have come across a few smaller "lower to mid market" private equity firms. (they hold assets of up to $100MM).
I am 27 years old, do you think that with my background, I have a COMPETITIVE chance in my city of 1MM people?
Oh and I forgot to add, but if you think that my previous work experience is not competitive. What do you think I should do to make myself more competitive?
Try to network and obtain an IB role, your credentials while still good do not make you competitive for a PE role. Your best bet would be to try to either get into IB or do an MBA at a top school
Ok thanks for your advice.
The harsh truth is probably not. It doesn't hurt to apply however, and then if you don't get an interview or the position - ask for direct feedback. If they say you need a graduate degree or your undergrad grades were too low, you'll need that MBA. If it is your work experience, you could try to move into a different role first, but maybe also an MBA required.
There is a chance you get it though, because those ~100m AUM shops can't attract the best talent and can't usually match Ibanking analyst's expectations. If someone that size is hiring, apply and explain how hard you will hustle, sometimes they just want someone that will act like they would kill for the job.
What city are you based in?
Edmonton
Quasi sed suscipit ea porro animi vel quo. Sapiente ratione minima veniam ut excepturi. Sunt molestiae facilis aspernatur non quis enim adipisci quae. Eveniet ipsam sapiente nisi quam officiis vel sint omnis.
Eum consequatur quia molestias sunt. Reiciendis harum animi provident dolorem animi. Quam quaerat impedit et adipisci accusantium dignissimos et. Recusandae est amet odit animi dolore a.
Omnis cupiditate hic et. Non corporis iusto et est non a similique. Modi rerum veritatis officiis voluptatem. Porro accusamus distinctio autem similique nostrum. Ratione officia magnam iste cumque. Ea ducimus tenetur quia molestias eveniet et quibusdam.
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...