The Student Room Group

Financial analyst path

Scroll to see replies

Original post by PrincePauper
Have a look at this website and go through "internship opportunities" (mid screen). Let me know which role interests you.

http://joinus.barclays.com/emea/internships/

Internships do what internships do, you ad them to your cv and help you land a full time role.


Investment bank and wealth and investment management. I wish I could do it this year summer as in now. It says beginning at the end of June so I'm guessing it's too late?

Posted from TSR Mobile


Hi I have been looking at this CFA uk business who provide an IMC exam. According to sites it is related to investment jobs. Do you recommend me taking it before I graduate?

Posted from TSR Mobile
Reply 22
Original post by cooldudeman
Hi I have been looking at this CFA uk business who provide an IMC exam. According to sites it is related to investment jobs. Do you recommend me taking it before I graduate?

Posted from TSR Mobile


IMC is much more applicable to the buy-side than the sell-side, but if you're planning on taking CFA L1 (can only do L1 in your final year though) vs. IMC whilst still at undergrad, might as well indicate your interest in FO positions by doing the IMC - much easier, not as expensive and not as huge time commitment, but can achieve the same effect of showing interest.
Original post by IB_Guru
IMC is much more applicable to the buy-side than the sell-side, but if you're planning on taking CFA L1 (can only do L1 in your final year though) vs. IMC whilst still at undergrad, might as well indicate your interest in FO positions by doing the IMC - much easier, not as expensive and not as huge time commitment, but can achieve the same effect of showing interest.


What is the buy side and the sell side? Also so you are saying that I should do the IMC right? Since you said it is easier and less time consuming. Correct me if I'm wrong please. I don't wanna make any mistakes in my life lol.

Posted from TSR Mobile
Reply 24
Original post by cooldudeman
What is the buy side and the sell side? Also so you are saying that I should do the IMC right? Since you said it is easier and less time consuming. Correct me if I'm wrong please. I don't wanna make any mistakes in my life lol.

Posted from TSR Mobile


Google would easily answer that question, but in simplistic terms sell-side is those guys that do advisory work, but don't invest their own capital and the buy-side deploys capital to work in the form of investments (e.g. venture capital, private equity, asset management (incl. alternatives)).

The answer to your question is 'it depends'. If you simply want to indicate your interest in markets and show your commitment, the IMC is an easy way to achieve that and is a useful qualification if going to the buy-side anyway (and most people do move from SS to BS eventually).
Original post by IB_Guru
Google would easily answer that question, but in simplistic terms sell-side is those guys that do advisory work, but don't invest their own capital and the buy-side deploys capital to work in the form of investments (e.g. venture capital, private equity, asset management (incl. alternatives)).

The answer to your question is 'it depends'. If you simply want to indicate your interest in markets and show your commitment, the IMC is an easy way to achieve that and is a useful qualification if going to the buy-side anyway (and most people do move from SS to BS eventually).


You say interest in markets so does that mean the IMC wouldn't be that useful when it comes to analysts in banks?
Reply 26
Original post by cooldudeman
You say interest in markets so does that mean the IMC wouldn't be that useful when it comes to analysts in banks?


You're asking impossible to answer questions. If you know tons, it won't be useful, if you know a limited amount it will be useful regardless SS vs. BS as there is significant overlap. If you want to do SOME sort of qualification, I'd say the IMC is your best bet to achieve the most with minimal effort (relatively).

EDIT: I just realized that you said 'Analyst' as a generic term. In the industry, if you don't specify the division an 'Analyst' is normally considered as the Equity Research Analyst. If you're referring to IBD, yes - the IMC will not be as useful.
(edited 9 years ago)
Original post by IB_Guru
You're asking impossible to answer questions. If you know tons, it won't be useful, if you know a limited amount it will be useful regardless SS vs. BS as there is significant overlap. If you want to do SOME sort of qualification, I'd say the IMC is your best bet to achieve the most with minimal effort (relatively).

EDIT: I just realized that you said 'Analyst' as a generic term. In the industry, if you don't specify the division an 'Analyst' is normally considered as the Equity Research Analyst. If you're referring to IBD, yes - the IMC will not be as useful.


Sorry if I was asking stupid questions.
What is the best qualifications besides a degree that will seriously benefit in investment analyst? Also I'd want to work I the buy side
(edited 9 years ago)
Reply 28
Original post by cooldudeman
Sorry if I was asking stupid questions.
What is the best qualifications besides a degree that will seriously benefit in investment analyst? Also I'd want to work I the buy side


Then that would be the CFA, although once you're already working you'll get financed for that as it is expensive and very time consuming. The CFA is considered the gold standard for an investment analyst.
Original post by IB_Guru
Then that would be the CFA, although once you're already working you'll get financed for that as it is expensive and very time consuming. The CFA is considered the gold standard for an investment analyst.


Thanks. I'm hoping to work for an investment bank at London. I live in Birmingham and going to start the second year of maths as I've already mentioned. If I do an investment analyst internship at deuchtes or barclays or any company that has one available in Birmingham and also get a first class degree, will I have a fair chance of applying to top investment banks like goldman or other banks in London?

Posted from TSR Mobile
Reply 30
As for me for a successful path in financial analytics need strong skills in b2b prospecting tools -
(edited 3 years ago)

Quick Reply

Latest

Trending

Trending