It’s not easy to get a job at a top hedge fund or prestigious bank. Usually, it involves several rounds of superday, group, and one-on-one interviews. For students, a Wall Street career often starts with a summer internship, which is an extended interview in and of itself.
But getting a full-time offer is just the beginning. Once inside, you’ll need to get up to speed on complex products and markets, make the networking rounds, and stay competitive in your peer group.
Business Insider asked this year’s Rising Stars of Wall Street to give us their best career advice for those just starting out.
Here’s some of the top insight that we got.
Subscribe here to read our full list of the Rising Stars of Wall Street shaking up investing, trading, and dealmaking.
Adam Parker of Center Lake Capital: Do what you’re passionate about
Adam Parker made a decision that he said his parents didn’t necessarily understand when he was leaving college a little over 10 years ago.
After interning at Lehman Brothers the summer before, Parker had a chance to return to the then-massive investment bank as a full-time employee after graduation. But he wanted to get into investing, having caught the bug after he and few friends sold a Grubhub-like company while undergrads.
So he joined little-known Force Capital, a hedge fund, because that’s what he was passionate about doing. The decision now — 10 years after Lehman collapsed, and with Parker running his own fund — appears to have been a prescient one.
Evan Feinberg of Tiger Global: Being smart isn’t enough
Wall Street is full of Wharton grads and Harvard MBAs.
Evan Feinberg of Tiger Global has realized that intelligence is the thing that opens the door for you in finance — but what puts you over the top is work ethic.
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Source:: Business Insider