I am aware there are threads on this, but my post pertains to my personal situation. I am currently a first year associate analyst at a Rating Agency and I want to make my way to the buy side. I don't care too much for working at a hedge fund, I am thinking more along the lines of a mutual fund, SMA, or another type of long-only asset manager. What would be the best route for me? Before answering the question, here is my background:
I could care less about comp., I like to exercise and watch the occasional Netflix - I don't need money for my lifestyle. I am just super intrigued by investing, modeling, fundamental analysis, etc. It's just fun and competitive. Why not have a career in something you enjoy, right? My education/internship background - 3.9 Economics/Political Science double major at a small non-target and internship experience at a rating agency (full-time now), shop and boutique investment bank (I fetched coffee and had angel investors reject me when I asked for funding for our clients). I played baseball for four years and held the same extracurricular positions that every other person applying for real finance jobs held (president of investing club, participated in blah blah blah, etc.).
To be honest, I would rather not work 70+ hours a week because I have a girlfriend of 4 years, and as I said earlier, I like to exercise. That's why I am pretty turned off by IB. I figured the reasonable options are: studying for the CFA or an MBA and jumping straight into my desired position, applying for jobs on the sell side (, etc.) or being a slave a.k.a. IB (unfortunately). Any suggestions? Thanks WSO.
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