Accounting + Tech start-up to IB/Portfolio ManagementSubscribe
After reading Market Wizards and Against the Gods my senior year of college I became interested in portfolio management. It was too late to turn myself into a typical IB recruitment candidate because I was already graduating from my regional school with a degree in accounting. I masochistically accepted an offer to do tax at a Big 4 working on hedge fund clients. Soon I realized wasn't gaining the skills or exposure that I wanted and left after a year.
Shortly after I found myself helping a friend with a VR start-up. He does architectural drafting through a modified video game engine, which he uses to give real estate developers a walk-through on the Oculus. I managed to set up operations and get a few clients while he continued to expand the services offered. He's able to run it at a comfortable level now and I find myself still thinking about pursuing portfolio management.
I haven't seen any WSO articles on how a former fund accountant now working in tech can land an entry-level investment analyst role. I know teaching myself the basics of Security Analysis and finding my own financial news sources doesn't translate into three years of writing pitch books.
I've gotten to know a few recruiters that have been brutally honest but have also given me advice. The general consensus is that I should ace the GMAT and find a way to get into Columbia or Wharton for an MBA. After that, with a little bit of luck, I just may be able to pull off an unpaid internship.
I wouldn't start school until 2017/2018 and I need to do something in the meantime. I'd like to apply my analytical abilities to focus on risk, market direction, and valuation but that is seeming like a dream at this point. What is reasonable for me to look for?