What is required for a career as financial analyst in investment banking community for lateral entry?
I'm currently a teacher. I'm looking to go lateral entry into the financial services field. I'm absolutely passionate about financial systems, markets, securities, banking, investments etc. and am willing to commit my life to this profession. There are very few entry level positions available for people like me however. Even though I know have a better work ethic, more ability, and passion for this field....I'm worried that companies will be looking for the typical college graduate. I did find an entry level financial analyst position available near me. It indicated that they are hiring financial anlaysts in the product control function of their investment banking division. Do you have any recommendations about pursuing this type of job? Also, any advice on acquiring a job in equity or securities research? I'm looking for a step in the door....I can do the rest when I get in. Thanks in advance!
Asked By: Thanks for your help! - 7/27/2006
Best Answer - Chosen by Asker
Investment banks rarely accept lateral entries, unless they are from another investment bank. Also, an analyst position in an investment bank is simply a stop on the way to a sales position; IB analysts are a dime a dozen, while high-powered salespeople are what makes or breaks an investment bank... More
Answered By: NC - 7/27/2006
Additional Answers (2)
You're going to need to go back to school and get your Chartered Financial Analyst designation (CFA). Check out... More
Answered By: TakingStock - 7/27/2006
Have you tried jpmorganchase? they have an investment bank division. Usually they hire from universities, but you could enter their webpage to find out about their recruiting policies. There are plenty of banks with investment banking divisions.
Answered By: Máiréad - 7/27/2006
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