Equity Research job/entry level i banking jobs

BE 7th Sem ,(Top 5 i Engg Collg in mumbai)
Till now only one Fin Firm(Tresvista) has confirmed coming to our campus.
Any suggestions to how to approach the following Kpo's?
Aranca
JP Morgan Chase
Deutsche Bank- Global MarketsCenter
Morgan Stanley Advantage Services
Advanced Investment Mechanics Inc
Protiviti
Clear Capital Partners
Thomas Weisel Partners LLC


Please Can some one who has worked for/is working reply !Would realy help out!

Hello Everyone!

I am new to this forum.

I am doing PGDM from an average college of delhi.... the finance placements are not that good... i wanted to ask that what are the companies that recruit fresh PGDM. I had done BBA in grad. I got to know that capital iq recruit fresh PGDM... am i right? If yes, could you please guide me what process shall i adopt to apply in that? Besides, grad and PG, what extra qualification give an edge to the candidate in capital iq.

Thanks in advance

Hey guys........ please reply.... please help.

Hello seniors...look at my case too
I passed my B.Tech from a decent engineering clg in 2010..landed up in a pvt core company...i didn't take IT jobs because i had heard that Core jobs are better as fas as experience matters for MBA..but the nature of job i found there made me hate my job and i finally quit the job in january..So here i am now jobless...want to make my career in Finance sector and preparing for MBA but as MBA exams would be in nov...so what would u suggest me to do in this period as i will have to explain about this gap in MBA clg interviews..please help out...should i try for some IT jobs or should enroll myself in CFA l1 dec exam and prepare for MBA entrance as well as 4 CFA xams...
if possible plz suggest some certification course in due period...i m totally confused now....to make my situation worse,i m nt in any big metro cities where i can try fr some job easily.....


Dude, we are almost in the same boat :shocked:

Me too a B.E. 2010 pass-out. Interested only in Finance, specifically equity/capital markets. Whats your interest?

I suggest u should find a job in a brokerage house. I am looking for the same option. Preparing for CAT as well, but my target is CAT 2012, as no preparation this time :splat:

I am definitely considering CFA, but not as of now. My first preference is MBA. Coz MBA helps you switch profile/field, CFA doesn't. CFA is career/profile enhancer not changer.

So what are you doing as of now...??
Getting into a KPO is the perfect recipe for sabotaging you career. Your work ex would not amount to anything and you might never develop certain skillsets in a KPO.

Local broker is any Indian broker such as the ones you mentioned. And yes, its better to work in a local brokerage house as a junior analyst rather than in a KPO.


Hello tumtum, since, u have a sound knowledge of finance industry, pls solve my query.... i wanted to start my carrer in ER or in i banking... i have done BBA in grad but i do not have any certification like CFA, etc. The placements of my college from am pursuing PGDM is avg and it is approaching.... so could u pls suggest any short term course in finance that add to my resume and to my knowledge....and could u pls also tell me the companies that recruit fresh PGDM and from where i can have a decent start of my career in finance.

Thanks in advance
Hi guys, I am a CFA and an analyst at a leading IB in Mumbai.
I know very well that you guys without any work ex or a background in finance coud definitely land-up in IBanks. In fact, the IBs require people from vast diverse backgrounds and graduates in statistics, mathematics, engineering and IT are a big hit- even if they dont have an MBA. In fact I have seen that many IBs abroad even have physics , chemistry and music graduates working for them !!

The only catch is that you have to be from a top-rung institute in your graduation. Secondly, you must either register for a CFA if your interested in financial markets/ equity research but incase you are in love with corporate finance, you may well do CMA from Institute of Management Accountants (USA) or ACMA from CIMA UK alongside your job.

The UTI Institute of Capital Markets also offers a 1yr Securities Markets Program in Mumbai for those wanting a short-term course but in any case FORGET NCFM CERTIFICATION for breaking into ER/IBs coz they r just plain shit.

Feel free to ask more on it.

Regards,

Tumtum.


Here's a little info about me. I'm currently in the 4th year of my Undergraduation at IIT Kharagpur. I'm interested in IB and completed a 2 month internship at BRICS Securities in their Equity Research department this summer. I've got a Pre-Placement Offer from the company and they've offered me to start off as a Research Associate. I'm really interested in joining the team, but also am a little skeptical about further prospects, global exposure and rapid growth. To gain requisite knowledge in finance, I've registered for CFA L1 in June 2012.
My queries are - How important is it to start off at a very good firm? And also, how good is Equity Research at BRICS? I know I'm the one who has done the internship at the place, but I'd like to know the general opinion on the firm. How much is an Associate expected to be paid at the start? Please do help me out!
Hi,
I've got a job in SBI as a credit analyst on a contract basis. I'd like to know the different career paths that a credit analyst can take.
I'd also like to know, if being a contract employee in this job will mean that the future employers will also consider me for contract positions.



where r u posted ?

Hi,

Has anyone heard of Brick work Ratings? The only thing I know about this company is that it a credit rating agency. I'd like to know more about it.

If anyone has some knowledge about this company I'd be grateful to hear from you 😃

Hi,
I'm new to this forum. The forum looks so nice, And quite happy for having gone through the meaningful discussions here. I'm working as a Equity research analyst at one of the prominent brokerages in Kochi, Kerala for the last one and half years, and I look for a change now.

I've been getting calls from Copal Partners at Gurgaon for the equity research position. The profile looks decent as shown below:

,In-depth analysis of company financials
,Report writing skills (investment thesis, fact analysis, assessment of key growth drivers / challenges in industry etc.)
,Assumption based financial modeling skills
,Valuation modeling (DCF, relative, SOTP)
,Benchmarking companies on various financial and operating parameters to analyze the competitive positioning
,Ability to lead multiple projects and handle multiple clients
,Supervising and developing a team of analysts.

I will appreciate if you advice whether i have to take the offer or not.

Thanks
Aslam

Hi Tumtum sir and All,


I am not able to select the financial profile that I want post my MBA in Finance.

My Acads are above average:-

BE from Mumbai University with distinction
18 months of work ex in a premium IT MNC in India.
Cleared CFA (AIMR) Level 1 in June 2012

Will someone please help me to understand what do credit analyst in credit rating agencies do? What all are the competencies they require?

How credit analyst (in credit rating agencies ) profile differ from equity research?


Thanks in advance.




@bournejason said: Dude, we are almost in the same boat Me too a B.E. 2010 pass-out. Interested only in Finance, specifically equity/capital markets. Whats your interest?I suggest u should find a job in a brokerage house. I am looking for the same option. Preparing for CAT as well, but my target is CAT 2012, as no preparation this time I am definitely considering CFA, but not as of now. My first preference is MBA. Coz MBA helps you switch profile/field, CFA doesn't. CFA is career/profile enhancer not changer.So what are you doing as of now...??
@bournejason : me 2 in same boat
@rucca Hi I have worked in CRISIL for 3+ years in their independent equity research division. To put it simply, a credit rating analyst will analyse a company's fundamentals, cash flows and liquidity from a debt servicing perspective, while an equity analyst will analyse the company's cash flows to arrive at whether the company's stock price has any upside/downside. Depending on the financial position, the credit rating analyst will assign a rating (A AAA etc) to the company which in turn determines the cost of debt that the company will get from the banks. An equity research analyst will forecast the financials, arrive at a fair value and compare that with Current Market Price and assign a upside/downside to the stock. I hope its clear 😃
@bournejason hi brickworks is fairly new in the credit rating agency space and is sure to face competition from big names like crisil, icra and care..the good thing is since they are small and growing, the climbing up the ladder phase can be faster in brickworks 😃 They are recruiting

@neeupp Hey, thanks for replying 😃 I read that you've worked in independent equity research division of CRISIL, right? I have few queries to ask you about it. Will drop you a PM soon.


@bournejason Sure:-)
In case any1 planning for CMT Level 1 certification in May 2013, I have started thread for d same.

http://www.pagalguy.com/discussions/cmt-may-2013-level-1-25090175/3615003
Hi Everyone
I am CFP candidate and CFA candidate preparing for June.Is IB/Equity Research consider CFP or CFA level 1??Where should I apply after CFP to get into a job other than sales coz I wanna do job before CFA.My Grad is not from premier institute but I have Diploma in banking & finance(IIBF)and NCFM modules.
Please guide me ...

@sam1389
hey Sam! i am a june CFA candidate also and have registered for CFP last month.
i have given Some NCFM modules too..
which modules of CFP are you planning to give first
@Ghanta_Engineer I am going to give last module this month.

For financial modelling materials at deep discounted price, pls mail to [email protected]