Equity Research job/entry level i banking jobs

hey tumtum,

thanks for the reply. but pls tell me how can i get a career in finance being a BCA graduate. though i'm from a computers background i'm really keen to pursue a career in finances. One of the major reasons y i didnt scored well in my Bachelor's degree.......


There is a problem with you mate- please dont take personally to me picking on you but let me tell something.

If you had figured out during your graduation itself that you are interested in finance, then why at all did you take up a totally unrelated BCA course for graduation? Why didn't you go for a B.Com (Accounting) or BA (Economics) instead?

This is the problem with so many folks- and this is the problem even the admissions committee in a premier b-school will NOT overlook.

You have not performed in your graduation NOT because of your love of finance but because of other factors better known to you- dont blame your interest in finance as a reason because if you are interested in driving a car while you drive a bike, then it does not mean you crash your bike to get the car.

Well, coming to your interest in finance. Enrol for the CFA/FRM, complete it in the shortest time possible and give the CAT/GMAT and get into a good b-school- chances are that you will get a decent opening in finance.

Hope this helps and hope you have not taken personal offence to my observations.
There is a problem with you mate- please dont take personally to me picking on you but let me tell something.

If you had figured out during your graduation itself that you are interested in finance, then why at all did you take up a totally unrelated BCA course for graduation? Why didn't you go for a B.Com (Accounting) or BA (Economics) instead?

This is the problem with so many folks- and this is the problem even the admissions committee in a premier b-school will NOT overlook.

You have not performed in your graduation NOT because of your love of finance but because of other factors better known to you- dont blame your interest in finance as a reason because if you are interested in driving a car while you drive a bike, then it does not mean you crash your bike to get the car.

Well, coming to your interest in finance. Enrol for the CFA/FRM, complete it in the shortest time possible and give the CAT/GMAT and get into a good b-school- chances are that you will get a decent opening in finance.

Hope this helps and hope you have not taken personal offence to my observations.


thanks tumtum,
and no offense taken. guess this is what happens when u choose wrong path. anywayz thanks 4 ur advice.


Well, coming to your interest in finance. Enrol for the CFA/FRM, complete it in the shortest time possible and give the CAT/GMAT and get into a good b-school- chances are that you will get a decent opening in finance.


I will also suggest that you start working (if not working already) meantime - good bschools give weightage to work ex.

Hi Tumtum,
I am currently working in IT field.Want to switch over to Finance.
IB is not a long term goal.Just want to switch carrers.
Is it worth applying for CCAP programme and joining CRISIL (wont choose IREVNA after all i have read from this post).For ex (Research division,GAC)
Please reply.
Thanks in advance

Hi Tumtum,
I am currently working in IT field.Want to switch over to Finance.
IB is not a long term goal.Just want to switch carrers.
Is it worth applying for CCAP programme and joining CRISIL (wont choose IREVNA after all i have read from this post).For ex (Research division,GAC)
Please reply.
Thanks in advance


I dont understand this- why do you want to switch-over to finance? Think about why you want to do this- if you dont get any credible answer- credible as in- a compelling answer, then you are coming purely for money or just want a change for the heck of it without giving a thought as to what your strengths are.

Let me tell you that if you dont have a credible reason or if you dont have real interest in finance, then not only will you find switching over very difficult but also will get frustrated by the shoddy jobs you will be doing in finance. It is very similar to IT in this sense.

Tell me more about your education and work experience- maybe I can be of some help. Hope this helps.

I am currently in TCS(2009 pass out). I have B Tech in IT from Anna University.X- 92%CBSE XII 98%%(TN board)
I am a MBA aspirant and gave CAT 2010 with 94 percentile overall(GC).
Saw the CCAP adv which is combination of work cum study (NITIE and CRISIL).So wanted ur opinion abt CRISIL.If i dont make it ,I will try JMET,IIFT and go for MBA.
Anyway after MBA i will choose a finance profile.

I am currently in TCS(2009 pass out). I have B Tech in IT from Anna University.X- 92%CBSE XII 98%%(TN board)
I am a MBA aspirant and gave CAT 2010 with 94 percentile overall(GC).
Saw the CCAP adv which is combination of work cum study (NITIE and CRISIL).So wanted ur opinion abt CRISIL.If i dont make it ,I will try JMET,IIFT and go for MBA.
Anyway after MBA i will choose a finance profile.


If you are anywhich ways going for an MBA, then why do you want to switch jobs now? Just prepare for the entrance tests and get into a good MBA and select finance major.

If you think working in a finance profile for 6 months before joining your MBA is going to do wonders for post-MBA placements, then its actually wrong- 6 months work will anywhich ways not be sufficient to give you a finance professional tag. So hold your horses and concentrate on your MBA. No CCAP or any such professional program can give as big a foundation for a great career as a top-notch MBA can so that is your best bet. Later on you can top-up your MBA with CFA/FRM and what not.

Hope this helps.

OK thanks.
But what I go for this CCAP and may be do a ex MBA 5 years down the line.
Just asking.

OK thanks.
But what I go for this CCAP and may be do a ex MBA 5 years down the line.
Just asking.


Seems you are totally sold on the CCAP which does not have any standing or recognition outside Crisil & its subsidiary-Irevna.

If you are so sold out, go for it- but I will not frankly give it my stamp of approval and if I were you, I would think of IIMs or ISB or LSE or GSB Chicago and other top schools or maybe a CFA- not CCAP certification at all.

Learn the hard way, try your hand at it- in due course of time you will realise it wont add anything to your resume or to your long-term career.
You wont make a great career out of doing CCAP but you certainly will make a great career if you get into the likes of top-notch b-schools that I mentioned above.

Time is yours, decision is yous- after all this life and career too are yours !

hello tumtum sir,
i cleared level-1 cfa dec 2010 and now preparing for my cfa-l 2 june but cud nt make into any b-schools i desired for nw what shld be my approach i am not finding job nywhere too ...what should be my approch too i am a fresher .i had talk with u earlier...i am left with cfa alone now and in no mood to give mba entrances again...unless i clear cfa...advise me how should i plan ahead.

hello tumtum sir,
i cleared level-1 cfa dec 2010 and now preparing for my cfa-l 2 june but cud nt make into any b-schools i desired for nw what shld be my approach i am not finding job nywhere too ...what should be my approch too i am a fresher .i had talk with u earlier...i am left with cfa alone now and in no mood to give mba entrances again...unless i clear cfa...advise me how should i plan ahead.


I had told earlier also- you can sail only where there is wind.

Is Chandigarh the financial capital of India? If no, then how can you expect to find core finance jobs there? Just doing CFA wont get you a job. You have to be at the right place also.

Hope you get the drift.

hey tumtum,

I m a fresh CA nov 2010 batch (1st attempt).
I have cleared L1 of CFA (US).
I have no relevant work ex in financial services.

I m interested in Eq Research....wit da above qualifications wat position can i expect and whether i will get a job at the likes of jp morgan or morgan stanley...
Thanx in advance

I recently got an opportunity to work as an Analyst in Kotak Investment bank (ECM - Lead Manager) for one year on contract basis. I am currently working in Risk consulting (full time employment with 20k p.m. higher salary than Kotak offer) . Is it worth taking risk to go for this kind of job? I am highly confused as I want to develop my career in IB, however low salary and temporary employment are horrifying! I am a CA ranker, 1st attempt.

Thanks fo your valuable suggestions.

I recently got an opportunity to work as an Analyst in Kotak Investment bank (ECM - Lead Manager) for one year on contract basis. I am currently working in Risk consulting (full time employment with 20k p.m. higher salary than Kotak offer) . Is it worth taking risk to go for this kind of job? I am highly confused as I want to develop my career in IB, however low salary and temporary employment are horrifying! I am a CA ranker, 1st attempt.

Thanks fo your valuable suggestions.


Dont sell yourself short- there is no need to go for 1 yr contract and that too on a lower salary.

Tell them to give you either a permanent posting or a 50% higher salary (v/s your current level- post tax). If you want to switch to IB, given your kind of education and market risk work ex, I dont think it will be a trouble.
You will sooner or later get a better opportunity. Bargain well.

Hello tum tum sir..
Iam Rank holder in CA Final Exams..Now i have current plans of getting into Equity research/ Rating analyst In crisil.. But i very well Know That i lack The Prior Knowledge/Experience required to enter the Field.. Whether It is possible to Get into Crisil in any way.. Do They Take Freshers..

Hi Tumtum,

I would be grateful if you could help me with the uncertainty ahead of me regarding my career. Basically, I graduated from IIT Bombay last year and have been working for the last 7-8 months. My salary is literally peanuts though I have enjoyed foreign travel during this period on behalf of my company. Now I want to shift to equity research. Please suggest me some way how I could begin. I am ready to work for free for the first few months if my employers are not sure of my abilities. How shall I begin my search for some good investment firms? I am not even looking for renowned i-banks; even domestic investment banks, small firms etc will also do for me.

Thank you.

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.

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.....

Hi,
I am also very interested in this subject, but the reference is very limited. You can share documents as well as experience? Thanks!

If you want to get more materials that related to this topic, you can visit: Financial analyst interview questions
Best regards.

Hi everyone,

Can anyone share some idea about how to get into Asset / Portfolio Management? I know that CFA (international) is "The requirement" and I''ll undoubtedly consider it. But still I'd like to gather more info before hand.

Well, my interest & passion is equity markets & finding out valuable investments (i.e. equity research), so is Asset / Portfolio Management the career I should be looking forward to or are there other options?