CRA Exit Opportunities

Howdy fellow monkeys,

I recently started working for one of the Big 3 CRA's. I am definitely enjoying my job and gaining more financial statement analysis experience than I anticipated. I am curious to know what the exit opportunities are for someone with experience in credit research? Possibly 1.5 to 2 years down the road with CFA Level III proficiency?

I am obviously shooting for roles that would pay the best, given that CRA's aren't the highest paying in the industry. My knowledge suggests Credit Asset Management, Sell or Buy-side Equity Research, or Leveraged Finance.

What do you guys think?

Thanks in advance!

 

Generally speaking it seems like IB is possible but from what I've read you'll want to make that jump ASAP. Try and get really granular with the associates who have left for DCM groups. Those guys could probably help you in a big way.

“The only thing I know is that I know nothing, and i am no quite sure that i know that.” Socrates
 

Thanks for the reply - makes sense. I've had a couple people tell me to jump after a year, 18 months max to avoid being pigeonholed as a "ratings" person. That said, the reasonable hours verses IB means I can really develop skills, possibly knock out Level I of the CFA (they will cover all fees) and network.

 
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