How to break into biotech ER

Hello. Does anyone have any insights or advice? 

I have been trying to break into biotech ER without any success for a while. I have a PhD in chemistry and work for a big pharma.  Most of the biotech ER jobs require PhD in biology and my resumes seem to be screened out right away or they just want biology background exclusively. I have no problem understanding molecular biology or any kind but I don't understand why they are so restrictive on this. 

Thank you all. 

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (7)

Apr 18, 2021 - 3:57pm

You make the mistake of counting on HR to discover your value. HRs are less than useless. Network directly to the senior analysts with write-ups and models. 

The only time you should have to deal with HR is when you have gotten the job already. 

Instagram: @dickthesellsider | Substack:

  • 1
Apr 19, 2021 - 1:18am

Curious how networking plays out after showing them your model+write-ups, do you ask them for a referral or they initiate to refer? Or is it for sole purpose they recognize your name when they interview?

May 6, 2021 - 5:38pm

If the team you networking with has a job post out there (on LinkedIn, etc.), ask if you could be considered (what you got to lose?). If not, try your best to keep the convo going to stay top of their mind (shooting interesting article over and share what you think about the article, implications on the stocks in the space). When they do hire, they already know you are passionate and competent, should flow naturally from there.

Instagram: @dickthesellsider | Substack:

  • 1
Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Start Discussion

Total Avg Compensation

May 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (195) $233
  • 2nd Year Analyst (110) $151
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (404) $131
  • Intern/Summer Analyst (330) $82