Asset Management

1.    CAREER OVERVIEW

Asset Management (AM) describes any professional activity that involves preserving and growing capital. AM is a client focused business and clients can range from large institutions to high net worth individuals depending on the size of the firm.

2.    EMPLOYERS

Notable employers are listed but not limited to the ones below.

BlackRock

Vanguard Group

Fidelity Investments

Goldman Sachs

3.    OPPORTUNITIES

1st Year Student (3 Year Course)/ 2nd Year Student (4 Year Course)

Most if not all the popular Investment Banks offer spring internships in their AM departments to students in their 1st year of university if the student is on a 3 year course or 2nd year of university if the student is on a 4 year course. The programs usually last for the duration of a few days to 2 weeks depending on the bank and occurs during the spring holidays. A spring internship is used as a stepping stone to attaining a summer internship in the same firm the following year as it is not uncommon that the banks offer summer internships to students who perform well during the spring week.

Penultimate Year Student

Most if not all the AM firms and Investment Banks offer internships to penultimate year students in the form of summer internships. Penultimate year students are 2nd year students on a 3 year course or a 3rd year students on a 4 year course. The internships usually last for 8-10 weeks on average.

Graduating Student

All if not most AM firms including Investment Banks offer graduate jobs to students who have graduated from university and are looking for jobs in Asset Management.

4.    RECRUITMENT PROCESS

Spring Weeks

The recruitment process for AM is similar to Spring Week applications for roles in Investment Banking. The most salient variation might be the emphasis of questions on investment strategies, market analysis and stock pitches. Please refer to section on Investment Banking for more details.

Summer Internships

The recruitment process for AM is similar to Spring Week applications for roles in Investment Banking. The most salient variation might be the emphasis of questions on investment strategies, market analysis and stock pitches. Please refer to section on Investment Banking for more details.

Graduate Roles

The recruitment process for AM is similar to Spring Week applications for roles in Investment Banking. The most salient variation might be the emphasis of questions on investment strategies, market analysis and stock pitches. Please refer to section on Investment Banking for more details.