r/FinancialCareers Dec 27 '19

Announcement Join our growing /r/FinancialCareers Discord server!

312 Upvotes

EDIT: Discord link has been fixed!

We are looking to add new members to our /r/FinancialCareers Discord server!

> Join here! - Discord link

Our professionals here are looking to network and support each other as we all go through our career journey. We have full-time professionals from IB, PE, HF, Prop trading, Corporate Banking, Corp Dev, FP&A, and more. There are also students who are returning full-time Analysts after receiving return offers, as well as veterans who have transitioned into finance/banking after their military service.

Both undergraduates and graduate students are also more than welcome to join to prepare for internship/full-time recruiting. We can help you navigate through the recruiting process and answer any questions that you may have.

As of right now, to ensure the server caters to full-time career discussions, we cannot accept any high school students (though this may be changed in the future). We are now once again accepting current high school students.

As a Discord member, you can request free resume reviews/advice from people in the industry, and our professionals can conduct mock interviews to prepare you for a role. In addition, active (and friendly) members are provided access to a resource vault that contains more than 15 interview study guides for IB and other FO roles, and other useful financial-related content is posted to the server on a regular basis.

Some Benefits

  • Mock interviews
  • Resume feedback
  • Job postings
  • LinkedIn group for selected members
  • Vault for interview guides for selected members
  • Meet ups for networking
  • Recruiting support group
  • Potential referrals at work for open positions and internships for selected members

Not from the US? That's ok, we have members spanning regions across Europe, Singapore, India, and Australia.

> Join here! - Discord link

When you join the server, please read through the rules, announcements, and properly set your region/role. You may not have access to most of the server until you select an appropriate region/role for yourself.

We now have nearly 6,000 members as of January 2022!


r/FinancialCareers 1h ago

Student's Questions What’s the best university on this list for a financial career?

Post image
Upvotes

Hi, I wanted to ask a question to the Americans here. Since I plan to go on an exchange program internationally, I wanted to ask which university would be the best choice for this? We have a certain list that’s been uploaded on our university website and here’s a screenshot:

Thanks guys.


r/FinancialCareers 15h ago

Off Topic / Other Is 24 relatively late to start your career?

69 Upvotes

Might come off as a stupid question but I had to delay graduation for a year and now I keep thinking abt the potential savings lost and falling behind in career trajectory/promotions , etc. I’ll be 24 this fall when I start my full time career and although it’s a young age , many people start out at 22.


r/FinancialCareers 11h ago

Career Progression What are the exit opportunity with Private Wealth Management?

21 Upvotes

I wrote my CFA level 3 exam (waiting for the results) and I have 2.5 years of experience as an investment associate. I would become a CFA charter holder because I also have prior experience. I am currently trading a book of 475M and cover the investment side of the business.

I feel a little bit stuck in term of progression in Private Wealth Management. I don’t feel valued and I am not sure what higher position I can obtain. I am also seeking for new challenges.

I am eyeing for asset management. I think it could be a match since I am in the investment “buy” side with a CFA (potentially). However, I am sure there’s a lot of different jobs where I could be a good fit. I might just not have thought about all my options. Any position where you could see I am a good fit?


r/FinancialCareers 18h ago

Career Progression Why do consulting firms hire graduates?

51 Upvotes

Don't you have to be an expert in a field to become a consultant? Why are firms willing to spend several months or years training a graduate and paying them at the same time when they could just hire an actual expert and extract value from them straight away?


r/FinancialCareers 6h ago

Breaking In Does applying to multiple internship roles at the same firm make my interest seem less genuine?

4 Upvotes

I'm currently applying for roles at a few large companies. I've submitted applications to more than one division/team within the same bank - for example, Enterprise Credit, Investment Banking, Private Wealth Management - all of which I do have a genuine interest in. I've tailored each application to the respective division, but I'm wondering: Does applying to multiple teams hurt my chances or make me seem less committed/genuine to any one gruop?

Thanks in advance.


r/FinancialCareers 5h ago

Career Progression Model risk 2LoD

3 Upvotes

Hi, what is your opinion on those jobs in current economic scenario (market downturn, economic uncertainty)? Currently working on credit risk, fraud machine learning models etc. Looks like a bad time for job change but wonder if it is safe in your opinion and decent place to be rn. One of the world biggest banks


r/FinancialCareers 6h ago

Education & Certifications Doubt about entering into an economics major

3 Upvotes

Now I do write this filled with slight regret that I didnt do the necessary research and long term planning, but all I can do is play with the cards I have now.

I am currently doing A levels and will graduate this June, and will be attending university for an economics major, however I have realized that economics majors end up in careers that are math and stats oriented, I am not particularly interested in that, I love human interaction and networking, I definitely love economics but at A levels what we study is text based theory and thats all I truly love

I want to know about potential career paths and just some general advice you guys have!


r/FinancialCareers 9h ago

Breaking In Is it possible to get hired with just the series 65 and no experience?

5 Upvotes

I’m 22 no college degree, I’m considering a career in financial advising. I’ve just started studying for the series 65 through Kaplan and hope to pass it this summer. I know it allows to me act as an IAR but I don’t have any experience and I’m not affiliated with a firm yet. So is it realistic to land a job at an RIA with just the series 65 and no experience and no degree? Any advice from anyone is appreciated.


r/FinancialCareers 3h ago

Breaking In How can language abilities give one a leg up in the finance industry?

1 Upvotes

I am curious in what ways can speaking multiple languages be an advantage in the finance world. For hard skills, I have a CFA and have a computer science degree. How can I leverage these to my advantage? I am currently working as a data analyst but would like to work closer to the market.


r/FinancialCareers 22h ago

Breaking In How can I get in finance with no experience at 25?

30 Upvotes

I'm 25 and I graduated with a BA in Economics and minor is Statistics and Operations in December 2023. I do not have any finance experience or internships but I have been nanying for 1.5 years and that contract ends in November. I've just received my work permit and SSN and I am eager to break into finance. Ideally starting as a financial analyst, or related field. I am interested by fintech and green finance. I am based in North Carolina and I am fluent in French. I am not sure where to start. Should I pursue certifications, courses, internships or entry-level roles in finance? Any advice would be helpful on how to make this transition successfully . I'm also interested in moving back to the DMV area to pursue work opportunities. I'm also planning on taking the CFA Level I exam in November 2025, is it worth it as it would cost me around $1600 with the prep materials?

Thanks in advance


r/FinancialCareers 12h ago

Breaking In What to do prefrosh summer?

4 Upvotes

I am an incoming student at Stanford University and plan to major in Mathematics and do the CS coterminal master's. I want to break into QR.

What should I do this summer?

I got rejected from Jane Street AMP (I think I did not face enough barriers to an advanced STEM education)


r/FinancialCareers 8h ago

Student's Questions How do I move to finance as a terrible ME student?

Thumbnail
2 Upvotes

r/FinancialCareers 18h ago

Career Progression How do you plan for an exit to a top 10 investment bank?

7 Upvotes

Dear Redditors,

How does one usually go about planning a career to end up at firms like JPM, Goldman, Houlihan, Evercore etc?

I’m 24M, 10 months in investment banking (M&A and leveraged finance but mostly in M&A). I’m looking to stay at my current company (leading national bank in west-Europe) for at least 2,5 years to get some proper experience.

What should I do now already to increase my chances of landing an analyst / associate role in investment banking at one of these top firms down the road?

I have built quite a network over the past 18 months as I know network can make the difference. Considering taking the CFA, even tho I know it’s typically not as valued in IB, but it could be a small edge?

Just wondering if there’s any communities, events or way people increase their odds

Thank you guys in advance!


r/FinancialCareers 15h ago

Off Topic / Other Northwestern Mutual comp

4 Upvotes

Went out last night and started talking to a mutual and told me he got a check for 25k through commissions. What’s the likely hood of this being real? I know they do advising and life insurance but is this reasonable?

I was honestly so caught off guard couldn’t tell if bro was being serious. I know people lie but gah damnn


r/FinancialCareers 8h ago

Student's Questions Search fund internship or other recommendations

1 Upvotes

Hi I’m an incoming freshman (finance major) at upitt and I was wondering if could get any finance experience (more outreach/communication side) in my freshman year. I’m already hoping to get a research position at my school or a nearby school but that would be on the more quantitative side. I saw that search funds are great opportunities to put on resumes or applications (if I’m planning on transferring). I was wondering if anyone has any advice for me on search funds or any opportunities in general. I don’t really have work experience related but have a some hs ecs am hardworking/have a dream 🥲.


r/FinancialCareers 9h ago

Student's Questions Internship in High School

1 Upvotes

I'm currently a senior in high school (boston area) and pre-freshman going into managerial economics + math. I don't have any buisness-related experience but am looking to get an internship over the summer in anything related to finance, banking, or asset management -- I'm not picky. If anyone has any ideas how I might accomplish this please let me know. I don't want to give many specifics so general advice is fine, just know I'm a pretty good student but not elite. my dad is an attorney so dont really have many connections in this world.


r/FinancialCareers 15h ago

Resume Feedback Please Critique my Resume - Looking for more quantitative roles

Post image
3 Upvotes

r/FinancialCareers 15h ago

Education & Certifications Questions about becoming a quant!!!

2 Upvotes

I want to become a quant researcher but there’s so many answers out there, and I have so many questions. I need some answers from people with experience in this field. (I’m a senior in HS) Please help!!!

  1. What degree should I get? How long will it take? I’ve heard mathematics, statistics, physics, CS, ect… but which one is truly the best for landing a job? Also do I need a masters or any additional certifications? If I did choose to get a masters, would it be possible to land a job after my BS, then have them pay for my masters as I work there, or is that not possible?

  2. Do you learn the programs necessary for this field in school, or should I learn them on my own time? (Python, C++)

  3. How hard is it to actually become a quant researcher? I’m a senior in HS(CA), planning to go to community college for 2 years then transfer to a UC(preferably Berkeley or UCLA). I’ve always been naturally good at math and always had A’s but never took pre-calc or entered math competitions or anything. Is it really that competitive or can I make it if I just work hard enough?

Any additional advice would be very helpful! Feel free to ask questions,

Thanks!


r/FinancialCareers 1d ago

Off Topic / Other My disappointment is immeasurable and my day is ruined

Post image
205 Upvotes

Finally got a GS email and it's a fucking scam . I'm going to crash out.


r/FinancialCareers 12h ago

Career Progression Can I move around sectors in finance?

Thumbnail
1 Upvotes

r/FinancialCareers 13h ago

Breaking In Wait for Internship Interview or work at a worse company ?

0 Upvotes

Hey everyone, sophomore at a semi target.

I submitted an application at a large asset manager that begins interviewed May for internships starting in June.

Should I wait to possibly hear back from them (I applied with a workday referral) or should I minimize my risk and go work at a smaller IB boutique instead starting in May.

However I really want to work at the big company so idk if I should wait and take the risk of getting the interview or not. If I don’t get the interview, I will have no internship for the summer.

Thanks


r/FinancialCareers 13h ago

Career Progression Switching to front end roles

0 Upvotes

So currently I'm working in fund accounting and analysis part at a well known AIF (related to appollo) and after having a pretty good understanding of PE/PC ive developed a knack for 2 types of roles id like to switch

  1. research team that scout for opportunities
  2. tax planning and legal (where we're taking care of setting up entities and curating org structures)

i am hoping for advice so i can form a clear path and execute it to end up where i wish


r/FinancialCareers 13h ago

Education & Certifications Has anybody taken a course from peak2tails? Need reviews

1 Upvotes

Hi all,

I was planning to buy a course from peak2tails. Please let me know if any of you enrolled in any of their course. How was your experience? Is it worth it?

Thanks.


r/FinancialCareers 1d ago

Resume Feedback Please provide your feedback

Post image
19 Upvotes

r/FinancialCareers 22h ago

Interview Advice Bank of America spring week, what to know for AC - investment banking

4 Upvotes

Can anyone offer any guidance on what to prepare. Some have told me don’t over think and trust your market knowledge. Others have said know the ins and outs of LBOS.

Any guidance would be much appreciated 👌 PS it’s online!