Australian Reaching NYC HFsSubscribe
First time poster, so please forgive me for any poor WSO etiquette.
Basically I'm an Australian undergraduate, undertaking a Bachelor of Commerce with coursework majors in Accounting and Finance. My university is not necessarily a 'target uni', but has seen a fair few ambitious and hungry graduates break into bulge bracket investment banks.
I have a corporate restructuring summer analyst gig at a mid-tier accountancy firm lined up for later this year and am interviewing with a family office next week for some unpaid experience. I am also in contact with the asset management division at a resources fund, with an investment analyst who is trying to help me get my foot in the door. I have contacted the research department at a few brokerage firms, but have been shunned away so far.
At the minute, I work on a mobile/casual basis for a student-run equity research team which spans over multiple countries (including US and HK). I've worked on a few equity research reports and have built basic DCF models.
After mucking around in my first year, with a lack of direction and clear set of goals - I ruined my WAM/GPA. It currently sits at a very weak distinction (not good enough for BBIB standards in Australia). Given that I am unlikely to hit a bulge bracket at the graduate level, I'm already cold contacting and networking ferociously for any relevant opportunities.
I've realised that investing is really what I love. I pulled an all-nighter on my 18th just so I could legally open my own brokerage account. My first ever long-term trade yielded 46% ROI (in the space of 8 months). I don't think I will go for the traditional M&A route, in the long-term - I see myself working at a hedge fund.
Would appreciate any advice or harsh knocks of reality so I can shape my future from this day going forward.
Currently considering the following career paths, but unsure of their likelihood
1) ER at boutique [Get CFA] --> Research at BBIB (Transfer to NYC) --> Hedge Fund
2) ER at boutique [Get CFA] --> IBD M&A at BBIB (Transfer to NYC) --> Hedge Fund
3) ER at boutique [Get CFA] --> IBD M&A at BBIB (Transfer to NYC) --> Top 10 MBA --> Hedge Fund
Thanks in advance