Take CFA for career switch? - Page 2 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Education and Personal Growth

Education and Personal Growth Schools, further studies, getting ready for employment, and motivation stuff




Take CFA for career switch?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #11 (permalink)  
Old 30-12-2009, 01:16 AM
Junior Member
 
Join Date: Dec 2009
Posts: 2
alarme is on a distinguished road
Default

how difficult is it for corporate lawyers to switch into the banking sector (specifically front office jobs)? is it possible?

anyone knows of any person who has done that successfully?

Reply With Quote
  #12 (permalink)  
Old 30-12-2009, 04:35 PM
allen
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by alarme View Post
how difficult is it for corporate lawyers to switch into the banking sector (specifically front office jobs)? is it possible?

anyone knows of any person who has done that successfully?
If you have experience in M&A, IPOs and securities transactions etc. I would say the chances are there for a change. If not, it will be tough since front office roles are the holy grail in IB and there are lots of qualified candidates out there vying for the same jobs.

Reply With Quote
  #13 (permalink)  
Old 27-05-2010, 10:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Instead of the typical front office jobs like sales and trading, research, corp finance, debt equity raising, have you considered more specialized front office roles in boutique or specialized M&A firms? Blackstonegroup Lazard... come into mind

For eg. restructuring... deal origination.. I'd say a lawyer trained in corporate insolvency, tax laws and corporate finance is actually in a very good position! Much better than a fresh grad for sure.

Reply With Quote
  #14 (permalink)  
Old 31-05-2010, 02:26 PM
Unregistered
Guest
 
Posts: n/a
Default

I am involved in front office recruiting and would say that unless your father is someone famous or you are very pretty and smart, its very difficult to get into sales and trading.

Research is easier to get into generally, but if you are looking into bulge bracket, you need a degree/MBA from a top university (Ivy League/Oxbridge) and an outgoing personality. For top local grads, easier get into a local broker and then work like a dog to make yourself a name. Same thing for corporate finance, but it can be real drudgery where you catch only a few hours of sleep a week when deals are on.

Boutique buyside firms or hedge funds may be easier to get into and you could rise and make a lot of money, but don't do that much for your resume. Coming from bulge bracket, its much easier to move around.
Reply With Quote
Reply

Bookmarks

Tags
cfa, finance

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mid-career switch to banking and finance? Salary.sg Income and Jobs 2 12-04-2010 09:25 AM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
9,053 Replies, 2,947,519 Views
Constituency Manager (People... ( 1 2 3... Last Page)
874 Replies, 454,714 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
642 Replies, 467,916 Views
How much to ask for starting pay... ( 1 2 3... Last Page)
91 Replies, 9,739 Views
UOB Management Associate Program ( 1 2 3... Last Page)
267 Replies, 174,394 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
152 Replies, 19,472 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,105 Replies, 1,316,348 Views
anyone working at NCS ? ( 1 2 3... Last Page)
419 Replies, 307,984 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,542 Replies, 1,082,655 Views
Job Application with MOE... ( 1 2 3... Last Page)
221 Replies, 217,609 Views
UBS Graduate Talent Program ( 1 2 3)
28 Replies, 24,619 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,395 Replies, 956,853 Views
Sharing my Passive and Active...
4 Replies, 1,142 Views
Compare civil service salary ( 1 2 3... Last Page)
10,592 Replies, 5,823,760 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,008 Replies, 3,812,903 Views
Pay grade at CSA ( 1 2 3... Last Page)
112 Replies, 32,259 Views
Dsta ( 1 2 3... Last Page)
828 Replies, 561,892 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
108 Replies, 86,987 Views
ST Electronics ( 1 2 3... Last Page)
798 Replies, 240,283 Views
PhD or non-PhD
7 Replies, 7,565 Views
Career as Teacher ( 1 2 3... Last Page)
2,836 Replies, 1,711,959 Views
Working in NEA ( 1 2 3... Last Page)
60 Replies, 73,005 Views
Advice needed for a 30 yo male... ( 1 2 3... Last Page)
44 Replies, 12,823 Views
Polytechnic lecturer salary range ( 1 2)
11 Replies, 65,336 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,377 Replies, 1,979,612 Views
need some info on CNB ( 1 2 3)
20 Replies, 2,198 Views
Self-Employed in SG by Overseas...
3 Replies, 420 Views
Best Primary Schools 2020 (by...
1 Replies, 1,084 Views
How much do you earn and save? ( 1 2 3... Last Page)
130 Replies, 23,951 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:15 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2