ER in San Francisco (Medtech)

Hello Folks,

I am trying to break into ER this coming fall in SF (or LA in the worst case scenario), specifically for the medtech/healthcare industries. I have been looking around Linkedin for top analysts, and noticed that they are all mostly located in NY. What are some of the banks that have strong analyst teams in cali that I could potentially target while networking? Also, will fall be a good time for ER recruitment or is it mostly need based?My goal is to find a job by the end of the year, so need to time everything properly.

 

You’re being too specific. If you want an ER job you probably won’t be able to pick your city or your sector, let alone both. There are not many spots in the industry so beggars can’t be choosers when looking for a job. It’s not IB where these banks have loads of spots to fill every year. Each analyst has 1-3 associate and will usually only hire when one of their associates quits. Look for openings and email somebody on the team asking for a phone call. I wouldn’t bother contacting teams that aren’t hiring.

 

Thanks for the reply. I completely understand, but whenever I have interviews I always get the question "Why this sector/industry". I am trying to learn as much as possible about the medtech field so when the chance for interviews shows up I can stand out with the industry knowledge. I wouldn't mind working in another industry area (and pivot later), but how should I approach this since I can't be proficient in every sector. Should I say that I am passionate about the current industry when interviewing or be open about it?

 
Most Helpful

Be passionate about any sector that would have you. Read about a wide variety of business models and trends. If you are lazer-focused on medtech then why don't you look up all the analysts who cover your fav med-tech names and send them a model and thoughts on one of them.

Or, don't. Settle for a job in big 4 accting for 2-3 years. Then re-recruit for an associate position at a middle-market firm. At this point you should consider an ER job in LA a bull-case if you're starting full-time recruiting for this Fall right now.

 

Yes, that's exactly what I'm trying to do - sending models/reports to analysts in this field, but as my question says, most analysts are appearing on the East, which I am trying to avoid for now.

Given the chance, I wouldn't mind working for other sectors but I am trying to get better at at least one industry so I have more specialized knowledge.

 

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