AuthorTopic: Getting my foot in the door...please help :)
clothier
@2015-03-01 17:47:14
i'm planning on preparing for the december '15 level 1 exam. it seems to me that it's difficult, very competitive, and that entry level jobs are unlikely to be given for entrly-level grads as a research analyst. other than beginning a career at corporate banking and somehow transitioning towards money management can anyone gimme advice as to how i can become as a research analyst without jumping through hoops? ( i already have a b.s. in business administration with an emphasis in finance.)
stanley2
@2015-03-03 08:19:56
Get a job with Bloomberg as trading support. You will get the industry's leading training in the industry's leading analysis tool. That combined with CFA Level 1 makes you great analyst material.

Don't tell Bloomberg your plan!

Another plan would be to get an analyst job with a ratings agency - they are easier to get into than i-banks. Even if it is bonds, structured finance, whatever, it is a better training than corporate banking.
nikolo
@2015-03-03 19:51:28
What do you mean ratings agency? I dont get it....
mozart
@2015-03-05 11:34:38
If you have to ask, you're not ready for finance.
powpom
@2020-01-05 15:28:57
Ratings agencies are firms that assess the creditworthiness of companies when they seek to issue new debt. The two major ratings agencies are Standard & Poor?s and Moody?s. e.g. S&P issues ratings ranging from AAA to D.

Generally, AAA means that the company being rated can pay its dues and D means that it isn't paying (going to pay) its dues.

Tip. Have a look at your university finance and investment texts and read them cover to cover (even the bits that weren't required for your degree). This should help fill in any major gaps.

CFA Discussion Topic: Getting my foot in the door...please help :)

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes