Tips on getting in a university investment club at a competitive target school?

To break into a competitive investment club, here’s a game plan based on the most helpful WSO content: ### 1. **Understand the Club’s Expectations** - Clubs like **Lion Fund** and **CFIG** are highly competitive, with acceptance rates as low as 5%. They often look for candidates who demonstrate: - A strong interest in finance and investing. - Analytical thinking and problem-solving skills. - A willingness to learn and contribute to the club’s success. ### 2. **Prepare for the Application Process** - **Mock Case Study**: Start learning the basics of evaluating companies. Focus on understanding the difference between a good company and a good investment. Practice explaining your thought process clearly and logically. - **Interviews**: Be ready to discuss your interest in investing, your motivation for joining the club, and how you can contribute. Clubs like Lion Fund may also include a final round involving a case study pitch (e.g., presenting a company as a long or short investment). ### 3. **Strengthen Your Resume** - Highlight transferable skills from your fast-food job, such as teamwork, problem-solving, and time management. - Take online courses or certifications in finance and investing (e.g., WSO’s financial modeling courses or free resources like Investopedia). - Build a small personal portfolio or simulate one using platforms like Investopedia’s stock simulator to show initiative and interest. ### 4. **Network with Current Members** - Reach out to upperclassmen in clubs like **Lion Fund** or **CFIG**. They can provide insights into the application process and may even offer mentorship. - Attend any open events or info sessions hosted by these clubs to make connections and show your enthusiasm. ### 5. **Develop a Strong Foundation** - Read books like *The Intelligent Investor* by Benjamin Graham or *Common Stocks and Uncommon Profits* by Philip Fisher to build your investing knowledge. - Stay updated on financial news and trends to demonstrate your interest during interviews. ### 6. **Showcase Your Passion** - Even with limited experience, your thirst for knowledge and willingness to learn can set you apart. Be genuine about your interest in investing and your desire to grow. ### 7. **Practice, Practice, Practice** - Mock interviews and case studies are key. Practice with peers or mentors to refine your responses and build confidence. By following these steps, you’ll position yourself as a strong candidate despite your lack of prior experience. Remember, clubs like Lion Fund value a clear thought process and a strong work ethic over technical expertise for freshmen. Good luck!

Sources: Columbia Freshman Looking for Advice - Best Clubs?, 16 Tips to Improve Your Investment Banking Resume, How do I make my finance club fun?, Q&A: About to graduate from HBS - Ask Me Anything