Getting a job in PE, PWM, IB, derivatives, Hedge funds etc...

Hello all,

I am new to this site and quite impressed with the wealth of information.

Would my MS Accounting open doors in PE, Derivatives sales, PWM etc analyst/associate position...?

Since my university isn't a target school for Wall Street, I am looking at firms in FL, TX, and GA.

I am 25 and will be graduating with my a MS Accounting in summer 2013, and my current GPA is 3.7 / 4.0. I initially wanted to work in Accounting (CPA), but realized I would bore myself to death.

my education credentials:

_I hold a B.S in Management from the University of South Florida 3.0/4 GPA (young and stupid partying)
_Certificate in Financial Management from Cornell University
_Certificate in Management Consulting from Geogia State University

Thanks!

 

Accounting is fantastic for any type of front office role. The only real skills that transfer from schooling into front office roles are accounting fundamentals and using excel. Just network and start hitting the road with a strong resume and ready to interview.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 

Yeah, accounting is good. In the end, it comes down to are you still hungry once you've been in the accounting role for 1-2 years getting comfortable. After that point, you're going to have to be motivated to jump through the hoops and "prove" that you're right for the role that you want ( more right than the person who took the more conventional path). Network throughout, and be able to sell your story/ yourself

Fear is the greatest motivator. Motivation is what it takes to find profit.
 
Best Response

People on this site are going to tell you how hard/impossible it may be, but altough you are big non-target status, an MS accounting 3.7 (I know it's MUCH easier to get a high GPA in grad programs) will likely result in interviews. You will have to do some hard work networking and getting interviews, but by no means do you not have a chance. Just read this site to get a feel of technical interview questions. Also check out some of the financial modeling courses, although I think it's safe to assume you are very competent inexcel.

 

I think you should read around some more and learn more about each role. These are vastly different jobs that you've listed. I can tell you that PE is going to be near impossible with no transactional experience. For IB you would need to recruit as an analyst and all the interviews have mostly wrapped up (though boutiques are year round).

I don't know enough about PWM/Sales but that seems more doable. However, recruiting for fulltime is already in progress/closed so you should quickly figure out what you want to focus on and get to it.

 

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