Current intern preparing for job hunting next year [Toronto]

fawaz.khalid98's picture
Rank: Chimp | 5

Hi guys,

I'm a terrible student with a 3.0 at a non-target, and somehow managed to land a 16 month internship at an investment management firm. This was mostly due to some networking and a lot of luck. I'm really interested in working at hedgefunds, AMs, pension plans. Right now my dream job would be as an analyst at CPPIB. I was hoping you guys could give me some advice on what to do.

  • How do I best prepare for job hunting next August?
  • Is it ok to reach out to employees on LinkedIn at the companies I want to apply to?
  • Will completing the CFA Level 1 increase my chances?

Thanks for reading!


Comments (3)

Apr 19, 2019

Hey fawaz.khalid98, I'm here to break the silence...any of these links help you?:

  • Preparing for next year full time recruiting looking for tips on what I can do over this summer to get into IB.** What I currently have planned, but ... Trading Utility- Superday, decline interview Wells Fargo- General App for summer analyst includes middle ... my series 6 and 63. Currently, my job surrounds bringing high net worth client from retail to wealth ...
  • 1st year analyst- how to prepare for 1st year end review this year? 1st Year Analyst (started in June) after UG How should I prepare for the year end review that will ... $10,000 next summer. Is that something that's reasonable this December? to Thursday, November 1, ... I don't want to be caught off guard. Is there any preparation you'd suggest? I think it's ...
  • New Case Webinars in WSO Investment Banking Interview Prep Pack after 2, 3 years from your bank to your next pay check: An industry veteran and current Wharton MBA ... banking stint and also shares what to watch out for...Gain a clearer picture of what to expect next after ... to expect for your next IB associate interview from a post MBA industry veteran with investment ...
  • Leaving Deloitte Strategy Consulting After 2 Years- Ask Me Anything (AMA) In the coming weeks, I will be leaving Deloitte S&O after just under 2 years on the job, to ... Deloitte Strategy and Ops The OP shared the following detail about their exit opp from Deloitte. My job at ... them. Late last year, I got a call from a headhunter about the retail job, had enjoyed my prior work in ...
  • Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond getting a hedge fund job. You can start searching for internships as soon as the summer after freshman ... the optimal career trajectory for so many. Hedge Fund Lifestyle and Wages The job rests significantly ... / big asset manager. The investment banking route prepares you for event driven and long/short as does ...
  • 30 year-old breaking in this day we still have a great relationship. 27- 28 years old The next natural step for me was to write ... after more rejections than I wish to remember. The following story is not a story of someone from ... at maths and had no clue what I wanted to do next, I enrolled in a five year joint BSc and MSc ...
  • How I got my job in a Hedge Fund after graduation for the rest of the year. 2 weeks after he called back saying he was allowed to have an intern so ... I can come and work for him for the rest of the year. The next summer (before my 2nd year of Master) ... English, it is not my native language. I am currently a 1st year analyst
  • More suggestions...

I hope those threads give you a bit more insight.

May 9, 2019

In terms of preparing, I would say:
1. Do well at your 16 month internship! Do good work so you have something to talk about on your resume and during interviews. Get to know someone/ multiple someones who can give you a glowing referral. If you find a mentor, someone you're comfortable talking about your future plans with, they may even have contacts at the firms you want to work for.
2. Never too early to start building a network of people who work at the firm you're interested in. Maybe reach out to school alumni/ friends of friends who have worked there. Otherwise, find them on LinkedIn, figure out their work emails, and message.
3. If not already, get involved in extracurriculars when you go back to school, especially conferences/competitions where you can meet people from sponsoring finance firms. This may require travelling to another school, but if you win a big one, it looks pretty good. Some even offer job interviews as prizes.

It is definitely encouraged to reach out to employees on LinkedIn at the companies you want to apply to, in the specific group you're applying to as well. At the end of the call, don't forget to thank the person for their time and ask if they know any other people you can talk to to find out more. The ideal situation would be if you're likable enough that the person will go to bat for you and pass your resume along to the manager hiring (don't try to force this though, or things can get awkward). People are generally fairly friendly and willing to help.

I would say completing the CFA Level 1 would increase your chances, at least a little, but you have to balance it against the time you spend studying to pass it... imo it might be better to just spend that time networking instead. Better ROI.

Hope this helps.

Oct 6, 2019