These Are The Entry-Level Wall Street Jobs That Can Make You Over $117,890 A Year
A Former Analyst Is Helping Students Increase Their Chances Of Landing These Coveted Jobs
Goldman Sachs, JP Morgan, Apollo Global, Fidelity, Bain Capital, BlackRock, Sequoia.
All high powered firms that even top business students can only dream about.
Some of these entry-level roles can make you over $117,890 in a single year
Yet recently, there's been an unusual increase in lesser qualified students landing these higher salary jobs over even top business students.
According to the program's website, Invest Like The Street graduates (primarily non-Ivy students) first year total compensation averages over $80,000.
How Students Without Perfect GPA's Are Getting An Edge Over The Ivy League
Wall Street is known for being notoriously difficult when it comes to landing a job or internship.
Every year, thousands of students from the top schools in the world compete against each other to land a high-paying job or internship at an Investment Bank or Hedge Fund.
Can you blame them? The average investment banking salary plus bonus will easily net these students more than $100k a year.
So how are lesser qualified candidates beating out students from Ivy league colleges for these jobs?
There's a big issue with entry-level jobs and internships on Wall Street.
They all require some sort of experience.
The concept is simple: give students the real-world experience they need to land jobs on Wall Street before applying for these roles
We spoke Lucas Lamae a recent ILTS graduate to get his perspective.
According to Lucas,
Having ILTS on my resume was a HUGE factor in getting interviews
It was ultimately the #1 factor to getting an offer from an investment bank.
It wasn't just Lucas who ended up being very successful.
Dustin Flower, a student at the University of Connecticut, was able to land a full-time private equity role upon graduation.
Bryce Case, a junior at Loyola, landed an investment banking internship at Harris Williams.
Colton Smith, a recent graduate from Chicago, was able to land a job at a boutique investment bank a few months out of college.
The program's creator, Todd Massedge, says the program has been key in helping students land these internships and jobs because it's showing employers that these students can do the work required at investment banks, hedge funds, and wealth management firms.
According to Mr. Massedge:
Wall Street loves hiring students with real experience.
Just having the program on your resume has exponentially increased the amount of offers our students have been getting.
So how does the program work?
According to Mr. Massedge:
Students get one-on-one training with one of our instructors and cover topics such as:
Understanding different business models, financial analysis, DCF modeling, M&A / LBO modeling, how to pitch a stock, and how to write research reports
Each student is given a publicly traded company to complete a variety of assignments on during the program, such as building models, and have to submit each assignment for us to review and get feedback on.
For those interested in learning more about the program, Todd tells potential students to head to their website here and check out some of the other bonuses they offer as well.
To learn more about Todd and his team, you can take a look at some of the links below:
http://finance.yahoo.com/news/18-questions-todd-massedge-200738009.html
For advice on how to get into investment banking, resume pointers, or investment banking cover letter help you can contact Todd here:
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