Path to ER
Hi,
I'm currently a rising junior wondering what the path to ER looks like. Currently have an investment management gig and don't know the ER timelines, or the interview type questions.
Any insight would be greatly appreciated
As well as any gap cutoffs?
joshsnkrsb, sorry there are no responses yet. Maybe one of these topics can point you in the right direction:
More suggestions...
I hope those threads give you a bit more insight.
Following and as for timelines for FT, should be seeing applications same time as IB when interns have been given offers or not.
When typically is this?
Hi Mate,
When you say ER, are you referring to the buyside, or sell-side specifically?
Sell side, ideally looking to get into HF down the line.
Can you provide me a bit of context with your current role?
'Investment Management' probably refers to something else in Australian terms lol.
Usually, you get the internship to go full time, not always the case. I am a journalist with 1 year of experience and I get ER interviews all the time, although I think it might be over for summer recruiting for next year but I'm not sure, the process for ER generally isn't as far out as banking.
Interview questions: Basic financial modeling, walk me through a DCF, etc.
Always going to have to do a stock pitch, build a model and be able to defend how you got your valuation and the drivers you used.
I assume you mean GPA cutoffs, some banks have 3.5 minimum (DA Davidson, Wolfe, Baird, William Blair) if you're a student I will assume it will come up, aim for a 3.5 and above (although my GPA was below 3 and I still got ER interviews at an EB and middle-market firms)
Currently doing Strategic Finance at FAANG, looking to pivot to ER FT with a 3.84 GPA. How do you think my chances are?
Pretty solid. Strat fin is an exit opp for ER
If you are based in US, most of sell-side recruiting for junior internships has already concluded. There are a few laggards. Ik for a fact that Bernstein doesn’t open until fall
My interviews were very much pitch me a stock type. They would then dig into technical questions pertaining to company that was being discussed.
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