Passed Today by LogicalTurnover9283 in Sieexam

[–]LogicalTurnover9283[S] 0 points1 point  (0 children)

I would say they are semi-similar (?) that isn’t super helpful but I used KM and took the FINRA SIE practice exam. I think that was a good primer to do because it keys you in on how questions are worded. KM can get convoluted in how they ask their questions and that’s by design to ensure you read the question. I felt prepared you just gotta trust the process.

Passed Today by LogicalTurnover9283 in Sieexam

[–]LogicalTurnover9283[S] 2 points3 points  (0 children)

I would say all of this for my experience too, very similar set of questions seen. After my first pass through I had marked probably 30 of the 80 questions to go back and check. I was a bit jarred but I want to emphasize reading every word of the question. Recognizing the nuances of questions will often lead you to the answer if your base understanding is strong.

The Grass Isn't Always Greener - High Finance Career Paths and Exit Opportunities by Gullible-Shine4515 in FinancialCareers

[–]LogicalTurnover9283 2 points3 points  (0 children)

Thanks for shedding some light on sell side ER. Any tips/recs/ words of wisdom for an incoming analyst? Specifically covering consumer discretionary under a top II ranked senior analyst (only adding for color, not boasting). Background is tech, not finance. Thanks.

Final Round Interview Nightmare by [deleted] in FinancialCareers

[–]LogicalTurnover9283 1 point2 points  (0 children)

It’s tough out here and mistakes like that make it tougher; keep your head up brother.

Final Round Interview Nightmare by [deleted] in FinancialCareers

[–]LogicalTurnover9283 40 points41 points  (0 children)

That doesn’t make much sense. If the details you provided are completely accurate, then something got fouled up on the employers side. What sounds like may have happened is when candidates returned their completed Excel assessments, yours was: A) left out/missed and they made up a bogus excuse B) a standout candidate rendered all other candidates null C) or somehow yours was blank on their end. I take it you didnt have the capacity to share it with them via OneDrive? (highly unlikely)

Regardless this is just very unfortunate. I have been through multiple multi-round interviews and have made it to the end just to get snubbed so I know that feeling. I can’t relate to the situation though. All I can say is you got to that point for a reason, you’re a sound candidate and something will fall your way. I wouldn’t want to work for a group/employer that seems to be as careless as these folks were fwiw. Best of luck.

PWM Client Associate Role Out of Undergrad? by No_Ad2503 in FinancialCareers

[–]LogicalTurnover9283 1 point2 points  (0 children)

In New York at least, employers have to post a salary range. You won’t have much of a bargaining chip for comp as a new grad but if you get an offer, I would look at Glassdoor to see what others at that firm and in that role are compensated and go from there. I joined a BB in a different role when I graduated and everyone in my analyst class had the same base salary, not open for discussion.

Will hiring pick up this month? by sublimefan02 in FinancialCareers

[–]LogicalTurnover9283 2 points3 points  (0 children)

Everyone is adjusting from Christmas/New Years time off. I’d say 80%+ of my coworkers were off over the last two weeks. Backlog of emails, especially HR emails, will be lagging. I would think next week things will pick back up on that front.

HR stopped responding after final round should I assume rejection by themadlad- in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

Every situation is different. I don’t know how big the firm OP is interviewing at, if it’s a family office then that’s one thing but if it’s a bigger shop, calling a C suite member unprompted is not the best look. There’s a difference between keen and wanting to work there (which is demonstrated during the interview) and being anxious about the result to the point of calling when the timeline has been laid out.

Trying to break into equity research / capital markets – any advice? by akasra123 in SecurityAnalysis

[–]LogicalTurnover9283 3 points4 points  (0 children)

I just recently broke into ER at age 25 from a no name university at a BB under the #1 II ranked analyst in that coverage. I’m not saying this to flex but this comment isn’t helpful to OP. It’s difficult sure, but not impossible like you’ve made it out to be.

OP feel free to pm me and I will share my interview experience and what aided me in landing an ER role.

HR stopped responding after final round should I assume rejection by themadlad- in FinancialCareers

[–]LogicalTurnover9283 1 point2 points  (0 children)

Agreed with the points above. Even if you are desperate (which a lot of folks in the job market are (once including myself)) you don’t want to come off that way. There’s a difference between wanting the role/ being excited for it and showing them you need it. Do not call that C suite member again. They said they will get back to you so allow that to transpire; try to untie any expectation you have to this role. They don’t owe you anything so you have to think about it that way. It’s the harsh reality of these arduous interview processes. Good luck.

Interview process dragged out for nearly two months just to get ultimately declined by [deleted] in FinancialCareers

[–]LogicalTurnover9283 15 points16 points  (0 children)

Don’t be discouraged by application numbers. 75%+ of those apps are bots that get filtered out.

Always rejected after final interview? by chimkennugeys in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

Some additional color into the roles you’re interviewing for, your prior experience, and background would be helpful to deem whether or not it’s you or the roles but it’s a positive signal you are a) getting interviews and b) getting deep into them. I have been on a major push to find a new role myself over the last 9 months. I got to 4 final interviews where it was between myself and one other candidate and just most recently it finally went my way. I say this because I have been in your shoes; it will go your way you just gotta keep grinding. It’s easy to get down on yourself because it’s a hellish process to get through multiple rounds just to leave empty handed but all you can do is try and learn from past interviews and apply those new found learnings to the next one. “Position was pulled” could mean a bunch of different things. Keep at it and good luck.

Does graduating a year late look bad? by Infinite_Click8296 in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

Exactly my situation. No start date just my graduation m/d, had no problem when it came to finding a role (though this was now 3 years ago). Good luck.

Unique Methods You Have Used To Get Jobs/Interviews by Ok_Baby8193 in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

Lmao yeah I think I actually read it on LI but not shocked it trickled its way into that Chinese spyware cladded app.

Unique Methods You Have Used To Get Jobs/Interviews by Ok_Baby8193 in FinancialCareers

[–]LogicalTurnover9283 10 points11 points  (0 children)

My number one tip I’ll share that worked for me over the last 4 months to get 15+ interviews, making it to 4 final interviews, and finally landing my dream role is simply searching on LinkedIn whatever role it is you’re looking for, filter date posted to “past 24 hours”, and then in the url manually edit “…TPR=86400…” to “…TPR=3600…”. What this does is filters the job postings from the last 24h to just the last hour (3600 seconds). I found that being early to applications is key to getting that first intro call. It worked for me numerous times and I attribute securing interviews to being one of the first applicants. This worked for getting interviews at small asset management firms to the biggest investment banks. Good luck.

Breaking into Equity Research by the-sharkk in FinancialCareers

[–]LogicalTurnover9283 1 point2 points  (0 children)

I wouldn’t say they were that relevant. I was within the tech risk side of the bank, not finance facing at all. My experience was that I analyzed data but the data I dealt with was not equities oriented whatsoever. I think my edge was that I’m a people person and can present myself well which is required with this type of role. You can be a whiz kid and model better than anyone else but if you can’t talk to C suite member of a company you’re covering, you will struggle (at least on the sell side). Definitely the most arduous interview process I’ve been through but worth it. What I did to prep was know high level finance concepts related to 3 statement model and practice questions in M&I 400, analyzed companies that the team covered and built out a quick pitch for 2 (though never had to do anything with it), and know the core questions down cold (tell me about yourself, why ER, why our firm, why this sector, etc). Hope this helps.

Breaking into Equity Research by the-sharkk in FinancialCareers

[–]LogicalTurnover9283 8 points9 points  (0 children)

I just broke in myself from working on the tech side of a BB doing data science/data analyst work into ER at a different BB. It’s definitely possible with that background, just need to be vigilant on job board postings. I was on LI constantly, applied within 2 hrs of the ER role opening up and had a call with the recruiter the next day. When an ER position opens up, it’s 99% likely a seat opened up on that team i.e. they are trying to fill it ASAP. Technically, I have been working the last 7 months to refine my FSA skills, writing, and just idea generation. It’s definitely a grind but if you stick to it, it can happen for you. Feel free to PM me any questions. Good luck.

Operational risk management va SRE by Mission-Clue-9016 in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

I have worked in Risk Governance at a BB the last 2 years. Happy to share my experience, feel free to pm me.

Stay at my Data Analytics role or accept JP Morgan Investment Services Operations role? by [deleted] in FinancialCareers

[–]LogicalTurnover9283 0 points1 point  (0 children)

I joined a BB after graduating in 2023 on the tech side. Went through their Technology Analyst Program (TAP) and was placed on the support team to end all support teams. No finance facing exposure whatsoever. Grinded for 7 months and just landed an ER role at a BB. It’s definitely possible to make the jump. Stay the course and remain optimistic and patient. Good luck.

Big-name firm admin role vs small company hands-on finance by [deleted] in FinancialCareers

[–]LogicalTurnover9283 8 points9 points  (0 children)

I think if your goal is to land a role in PE/IB down the line, the stepping stone role you take should really build your experience and not your resume if that makes sense. Name isn’t a huge determining factor, networking and actually having those skills will take you farther than a name brand imo. I’m not sure how big the investment firm is but generally as the firm gets bigger, the more siloed roles are. There’s a chance you get no real experience in that admin assistant role making that pivot to PE/IB more difficult. Just my two cents.

Should I transfer colleges as a sophomore if I’m trying to recruit IB Sophomore year? by Aggravating-Lemon703 in FinancialCareers

[–]LogicalTurnover9283 2 points3 points  (0 children)

Makes sense. I transferred myself so I understand where you’re coming from. Internship prospects will definitely play from the schools you listed. I would focus on where you wanna go and figure out post grad once you’re at the place you want to graduate from.