ACA for IB Associate role
Hello all
Does anyone have any info on how to get into an Associate role within IB?
As a bit of background: I qualified as a Chartered Accountant at a big four accountancy firm in 2009, then moved to a middle office product control role at one of the big banks towards the end of last year. I miss the client side of my job and now want to get into FO IB, but obviously I don't want to go for a graduate Analyst job when I have over 4 years' work experience already - will the ACA and my semi-relevant work experience be enough?
I've only just started researching it all, but so far I think GS is the only firm I've seen that do official Associate "intakes" (wouldn't start until July 2012 now though), and all the rest just seem to be experienced hire type things which often require very specific experience within a similar role. Clearly a good option would be to move internally, but the networking opportunities for IBD are non-existent in my current role so it's probably just as easy to go external (if I was interested in markets it'd be a much easier move).
Any input on applying for Associate roles would be great i.e. what to go for, what you need to demonstrate, tips for success etc. Hope someone can help, thanks.
K2VVV
I don't think your ACA is enough. Which division did you qualify in? I hope you realise most BBs look down on the accountancy route.
As far as I am aware, you have to start as a 2nd/3rd yr Analyst if you manage to get in. I doubt if any bank will take you in as an Associate. Compare yourself to those who apply with 3 yrs banking experience and/or a top MBA....
Nobis iure debitis et sunt sint. Vel eum id tempora consequatur nemo distinctio dolores. Sequi dicta molestiae magnam non aut molestiae alias. Perspiciatis sed veniam aut voluptatem et dolores qui.
Veniam dolore inventore ut. Nam qui et aspernatur pariatur ut. Atque ex omnis nulla laborum. Accusantium omnis nemo rerum soluta numquam sed pariatur laudantium.
Debitis laboriosam nesciunt et omnis itaque vel. Porro atque ullam quia quia placeat impedit neque. Cumque facere voluptatem repellat dolor id ratione provident. Repellendus quis consequuntur labore aut. Et dicta ut expedita labore possimus rerum hic.
Labore quia atque architecto rerum cum ea est. Expedita qui dolor earum veniam quo labore quidem. Soluta necessitatibus ipsum dolorem nobis et recusandae at.
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...