Masters or CFA?

Hi all. I'm a rising senior at a super non-target (250ish rank lol) with a 3.7 GPA. I've done a couple internships at boutique PE shops and recently started an internship at a top 5 bank in their AM division. The internship is awesome so far -- tons of networking and shadowing opportunities. I've decided I really want to work in the sell side or buyside realm either in equity research or investment management respectively. 

I want to know how to best prepare myself for full-time recruiting next year. I have zero issues when it comes to networking and talking to people but I'm worried my pedigree immediately puts me at the bottom of the stack. My school is offering a CFA course and the pass rate is fairly respectable. Should I take a stab at getting a level 1 CFA? Another option I'm considering is pursuing a good masters program. I'll have to study super hard for the GMAT/GRE since I had an unconventional path into college and what not.

Any advice in general moving forward? Thanks a ton!

 

Super non target = 250? My uni isn't even top 1000... Super non target my ass.

Do the master's. You'll build up your network and be able to utilize it in the future. It's a worthwhile investment. Half the sub continent of India has a CFA level 1, it's not that valuable.

 
Most Helpful

Laborum soluta aut dolores voluptas enim. Quidem voluptatem eius enim pariatur. Eum delectus possimus aliquam quis. Vero autem aut blanditiis exercitationem ratione sit. Dolorem mollitia excepturi voluptatem iste placeat sint.

Founder of https://achievable.me - modern test prep for the FINRA SIE, S7, and GRE.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”