Hey everyone, Does anybody know a good site to look for entry level jobs in the industry? I just graduated with my B.A in Finance, one related internship, but no actual job experience yet. I think I’d have an advantage in positions such as latin american equity research given my fluency in portuguese (native) and spanish. I don’t seem to see many entry level positions in efinancialcareers for instance. In the mean time I’m studying for level I Any tips would be appreciated Thanks and happy holidays
Are there many entry-level positions (even relatively) in the current economy?
From what I’ve seen most good entry level positions are obtained through internships or connections. I would suggest you reach out to the recruiting dept at your school or alumni to see if they can help you out. Brazilatz, I’m sorry to say that even though your fluent in spanish and portuguese, this is not a shoe in when it comes to to EM jobs. BTW I don’t work at an EM job either, but I would love to of course. I’m fluent in spanish (native) and competent in Portuguese (been studying for a year) For example, all of the newly hired EM guys at my job are all american and don’t speak a word of spanish or portuguese; however, what do they have in common? they all went to Ivy league schools, had 3.5 GPAs and sadly not one is a finance major. They all are government, history or math majors, but I guess that a degree from an ivy league school will get you in anywhere. Of course this is what I have seen at my job, I don’t mean to generalize.
elrecio what job are you in now? not looking for a specific company just relative size and function. just curious.
The company I work for is one of the biggest Investment banks in Japan; however, they are not that well known in the US (so I think). My position is a basic corporate finance position, I do the finances for their hedge funds. In my floor we have about 20 analysts, ranging from EM, HY, LL, etc and 95% of them fit the description I stated before. Needless to say, when I found about about their majors or how they got their jobs I was very surprised.
Thanks for the inputs elrecio, let’s hope that is so for your company but not in general. Many of the jobs in the website you posted asked for fluency in either or both portuguese and spanish, I saw one for instance that requires traveling back and forth from NY to Sao Paulo making M&A presentations in Portuguese , so American guys who don’t speak Portuguese would be out of question, right… Hopefully you have luck finding something you like if you are looking for one of these jobs. At this point I’d be pretty much very happy with any job that would qualify for the charter job experience. Where are you from by the way?
no one is hiring entry level employees in the middle of the year in this market. The only way to get a job will be through aggressive networking, start cold calling (not just email) every person in finance you can find a phone number for. If you want a job right now you need to go all out. There are people with years of sellside and buyside experience willing to take entry level positions right now, it’s brutal. Good luck.
elrecio81 Wrote: ------------------------------------------------------- > The company I work for is one of the biggest > Investment banks in Japan; however, they are not > that well known in the US (so I think). My > position is a basic corporate finance position, I > do the finances for their hedge funds. > In my floor we have about 20 analysts, ranging > from EM, HY, LL, etc and 95% of them fit the > description I stated before. Needless to say, > when I found about about their majors or how they > got their jobs I was very surprised. Nomura Securities? - they are pretty well known in the US
Personally, I think analysts with good historical perspective are probably exactly what is needed in this market.
Brazilatz, you are correct some of the postings do require portuguese; however, they do require experience as well. As we were discussing getting in is the main problem, it can be very though unless you did an internship with the company before hand, have connections or went to an Ivy league school. I was raised in Lima, Peru btw, I moved to the US when I was sixteen about 10 years ago, what about yourself?
Nice, I am from Sao Paulo and moved to the U.S because of my dad’s job when I was 4 months from turning 16, 6 years ago. I really want to go to Machu Picchu by the way!
Sinto por ti, chapa, having to be a teenager in the US after growing up in Brazil… that’s got to be hard. I used to live in Sampa, also Rio. What bairro were you in?
I second what bchadwick said, that must have been bad. I went through some of the same when I moved here, not fun. Everybody should go to Machu Pichu man, it’s really cheap not to mention beutiful. Onde mora voce? NY?
Haha!!! Jardins em Sao Paulo… really good life, yes ! I plan to move back after I get a few years of work experience… I try to look at everything in a positive way , its been a great experience living and experiencing a different culture here in the U.S, but I definitely missed out a bit back home, specially Carnaval, even though I go back quite often. I’m in Michigan here . Onde voce morou em Sampa? Favorite spots?
I used to live between Jardins and Alto dos Pinheiros (about 2 blocks from where Av. Rebouças and Av. Brasil cross). I remember hanging out on Rua Oscar Freire, Bixiga, and there were a bunch of discos somewhere around Itaim Bibi. I actually lived in Rio for longer, but my best friends from that time are almost all Paulistanos.
Nice, my school was in Alto de Pinheiros, Who were you working for if you don;t mind saying?
Oi…tudo bom bchadwick e brazilatz? I am a gringo but have been visiting/living in BR since 2000. I have travelled all over Brazil, but am mostly familiar with SP, SC, RGS, and PR. My best friend relocated to BR from NYC after 9/11 and set up a business in Villa Olympia. I visited him every year. I have been trying to live/work in SP/Rio for several years, last year I go the opportunity to give it a shot. I was living in Itaim Bibi for 6 months, looking to leverage my BR experience/knowledge/CFA/Wall Street background. I interviewed with just about every HF and IB, local and international. Unfortunately I could not find anyone willing to sponsor a foreigner walking in off the street, for a work visa. Totally did not anticipate work visa complexity. Market/IPO slowdown didn’ t help either. I reluctantly returned to NY when my tourist visa ran out. I am hoping to work out of NY for a firm focusing on some aspect of BR finance (research, etc), then transfer there. Unfortunately, credit crisis has put my search in a holding pattern… I got bearish on BR while there b/c it felt too much like US during tech bubble. Everyone owned PBR, and taxi drivers were giving me stock advice. However, long term, IMHO, I am very bullish and optimistic on BR… Nice to hear some people talking about SP here…
Adoro Brasil. I’m a gringo too, but I know Brazil well. I was thinking of going down to Brazil and doing a tour of funds to see if I could sell my skills down there. I’d have the work visa problem too, though. Brazil is in for troubles just like everyone else, but should come out of it better than most. I’d do a pairs trade long-Brazil/short-Russia or something like that, and even said as much in a piece I have coming out in NYSSA’s journal.
Thanks guys, it is really nice to hear that you guys appreciate my country . If you’re in NY at least you can go to a good churrascaria, I’m thinking Fogo de Chao is there , right? Haha it is true about everyone owning Petrobras, by May it seemed that every guy who had never been in the market before was getting in! Boa sorte para voces em conseguirem um visa, o melhor jeito e casar com uma brasileira!hehe