Mergers and Inquisitions

NOVEMBER 15, 2023

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started.

CFA 59

CFA Investment Banking Bank Banking 59

OfficeHours

MAY 24, 2023

If you would like a leg up in the recruiting process, consider pursuing courses that focus on finance, accounting, statistics, mathematics, engineering, and economics. MBA programs have recruiting events with all types and sizes of investment banks. Maybe even more important than your major is your GPA.

Investment 147

Investment Investment Banking Finance Finance 147

Mergers and Inquisitions

DECEMBER 6, 2023

Recruiting at Multi-Manager Hedge Funds Traditionally, most hedge fund recruiting has been “off-cycle,” but some larger multi-manager funds now use a structured recruiting process with headhunters and modeling tests. (We Many funds, such as Point72, now recruit undergraduates directly via programs like the “Point72 Academy.”

Funds 104

Funds Management Recruitment Portfolio 104

OfficeHours

JULY 11, 2023

Note that these tests are different from other ones you may have heard about like the Chartered Financial Analyst (CFA) exams, which are offered by the CFA Institute. Are you focused on recruiting in 2023? Where can I learn more about these exams?

Investment Banking 130

Investment Banking Banking Bank Private Equity 130

Mergers and Inquisitions

JANUARY 31, 2024

This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. Recruiting and Interviews at Single-Manager Hedge Funds Most hedge fund recruiting is “off-cycle,” and that’s even truer at single-manager funds.

Funds 59

Funds Management S&P Recruitment 59

Mergers and Inquisitions

OCTOBER 30, 2024

Recruiting is straightforward and much less competitive / time-sensitive than IB roles; you can get in coming from a solid-but-not-top-tier university with decent grades and good accounting knowledge. Recruiting: How to Win Corporate Finance Jobs Corporate finance jobs are much less competitive than investment banking jobs.

Corporate Finance 105

Corporate Finance Finance Finance Corporation 105

Mergers and Inquisitions

FEBRUARY 28, 2024

But a few other reasons also explain why fixed income often gets overlooked: the unstructured recruiting process, fewer job openings, and the “cushiness” of senior-level roles. An Example Fixed Income Research Report Recruiting: Who Gets into Fixed Income Research? power & utilities , FIG , or industrials ).

Equities 59

Equities Asset Management Debt Recruitment 59