Recent UK graduate looking for advice

Hi,

First post here!

I'm a UK native looking for a career in finance (with an eventual aim to get into the buy side- asset management- later on). I hold a first class degree in Geography and a diploma in Engineering, both from semi-target universities in the UK. I did physical geography which involved a lot of computer modelling, statistics (in R) and using large databases in Excel which should be well useful in financial sector roles.

I'm looking to start a job hopefully in Asia (although I only speak English), but I realise London seems much easier to get started in. From what I've researched, I've realised getting straight into a front office position at an IB or other financial firm will be too hard. I would be competing with finance/economics masters graduates from Oxbridge with multiple internships. So I spoke to a few friends who work in IB and they gave me these options:

1. Get into middle/back office positions (e.g. risk, compliance, operations) at an IB or other financial firm.

2. Get into one of the big 4, gain an ACA qualification and then move to an IB or other financial firm.

3. Get into a vendor like Bloomberg.

4. Work as an analyst or in accounts for a non-financial firm.

5. Get into a finance position at a financial firm with a focus on environmentalist/sustainability. Usually these are buy-side firms; asset management firms, funds etc. I think for this my degree in Geography would be useful.

Ideally I would like to get into 5. But I think the easiest option would be 2. However it requires 3 years to gain an ACA and I think if I got a middle office position at an IB I could work up to front office much quicker than that, maybe?

I've already applied to positions in Asia at big asset management firms like BlackRock without any success so far. Maybe I should look at their graduate programs instead, but for some reason they are only accepting applications from those who graduated this year (I graduated last year). I've also thought about applying to much smaller firms in London, but I really would like to start in Asia.

What are your thoughts, I'm struggling a bit here.

Thanks.

 
 

Suscipit eos aut provident ut sint. Ut repellendus dolor harum distinctio.

Nihil et qui excepturi veniam. Et aliquid velit quas perspiciatis. Facilis doloribus nemo rerum at occaecati consequatur sunt illum. Minus ipsam impedit aut labore expedita in corporis.

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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”