Professional Documents
Culture Documents
IBDRoadmap PDF
IBDRoadmap PDF
This guide is meant to provide an overview of entry-level career paths within the investment banking division of the
finance industry. The intent is to provide W&M students with a roadmap for reaching their goals of attaining competitive
job offers in the industry. Consider this a starting point for anyone considering a career path in investment banking.
IBD: Analyst è Associate è Vice President è Senior VP/Exec Dir. è Managing Director (MD) è Group Head/C-
level/etc
Equity research: Associate è Research analyst è Vice President è Senior VP/Exec Dir. è Managing Director (MD)
è Group Head/C-level/etc
Sales/Trading: Analyst è Associate è Vice President è Managing Director/Partner
Most new college graduates start a career in investment banking working as an analyst. College interns are often offered a
full time position as an analyst after they graduate, and the junior year summer analyst position is the typical pipeline into
a full time analyst role. The hours are often very long, but the compensation and experience is attractive. Duties
performed by an analyst include company valuation, compiling pitch books and building complex financial models.
Depending on location, state of the economy, bonuses, job function, and a number of additional factors, most analysts will
start out around $70K with bonuses for a total of $100K all-in (base salary + bonus) and that may go up to $150K or more
if we’re in a bubble.
For more detailed career opportunities and salary information, see sources of additional information at the end of this
document.
For additional tips on building your personal brand along with finance resume examples, visit
http://mason.wm.edu/programs/undergraduate/careers/brand/index.php
CONNECT
Network with students, alumni and companies
1. The Boehly Center for Excellence in Finance
The Boehly Center was created to help W&M undergraduates learn more about careers in finance and to help
interested students network with finance professionals. Bringing students face to face with Wall Street and
Finance alumni at gatherings on campus and in New York, the Center successfully helps create awareness about
careers in finance and better prepares students to pursue them. In addition to offering Distinguish Courses and
Programs, the Center coordinates four student organizations focused on finance; Finance Academy, Financial
Modeling Club, Women in Business and the Mason Investment Fund.
2. Annual Finance Networking & Resume Exchange in NYC
For William & Mary graduate and undergraduate interns and alumni working in finance and banking in the Tri-
State area.
3. From DoG Street to Wall Street (see above)
4. Wall Street Trip (see above)
5. LinkedIn
The social network for professionals, LinkedIn helps you connect with alumni and professionals in career fields
that interest you. Creating a profile can be a beneficial step towards networking with executives in a prospective
career field.
6. Company Information Sessions
During each recruiting cycle, various firms will hold on-campus information sessions with students. Students
always ask, “Do I really need to go if I can all of the information on the website?” To this, we answer - YES!
Information sessions are really about networking, learning more about the company and its culture, and connecting
with alumni and recruiters.
7. W&M Career & Internship Fairs
The Sherman & Gloria H. Cohen Career Center sponsors annual career fairs to give students a chance to connect
and network with employers across a variety of fields. This is a great time to investigate internship and job
opportunities and to explore different career paths.
8. Executive Partners
Imagine having a group of more than 100 senior business executives from more than 20 different industries
supporting you. Active, semi-retired or retired, these are leaders who have been there, and done what you plan on
doing. And our Executive Partners are like no others. They are part of our community—they live here. They’re
always available to work with you and provide guidance whenever you seek it out.
Information
Retrieved
From
Vault
Career
Launcher
Guide:
Finance
5
9. Early Access Days
Some firms, such as Morgan Stanley, have Early Access programs, which are usually geared toward juniors and
are centered on networking with employees. Students participate in case studies, ask questions to panelists, and
network in small groups with employees in all divisions of the firm.
Company Information
Alumni Informational
Off-campus Competitions