Sophomore,

I'm currently a sophomore at a good school (NYU but I'm not in stern so I don't know if it's considered target) studying for a degree in mathematics and considering working towards a masters in applied math. Didn't really make any use of my first three semesters and I just recently realized I wanted to go into asset management so I want to step it up. I've been looking for internships, but I'm aware that I am pretty late in the search. I'll continue to look but otherwise I'm not entirely sure what I should be doing besides clubs and grades. I am also considering getting a masters in applied math. Not gonna try and feign ignorance either I'm pretty unfamiliar with the field in general, or at least the technical aspects of it. What are some pointers you could give for a sophomore looking to work in asset management? Is it too late?

 
Most Helpful

Since it's this late in the season, it will be difficult to get an internship at a big firm, so check out local shops to see if they offer internships. In my experience, those firms usually tend to accept sophomores. I would study up on terms relative to the field, just so you can be knowledgeable when you talk in interviews. For example: Interviewer asks you what liquidity premium is, and if you don't know the answer, that could get you dinged. It's definitely also about communication skills and personality, as that is a big deal when talking with clients. One more thing is to read the Wall Street Journal; if not every day, then at least a couple of times a week. You need to stay up to date with what's going on the markets, economy, and even in politics, as many political decisions affect the markets and the economy. DM me if you have any other questions.

https://www.brightnetwork.co.uk/career-path-guides/asset-investment-man…

Array
 

Error velit suscipit pariatur facilis veniam. Quasi qui sint ex magni sed omnis dolore. Qui ea soluta nobis at at.

Nam nam sit non assumenda soluta exercitationem. Blanditiis inventore ut voluptatum distinctio rerum aut. Necessitatibus dolorem alias consequatur libero tempore.

Array

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”