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» Got an interview at McKinsey after including "Fund Manager" into my Resume - REPS4ALL
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post 1504574321 05-12-2017, 03:34 PM
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  1. WelshAutist
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Got an interview at McKinsey after including "Fund Manager" into my Resume - REPS4ALL

Das it brahs, this might be the big break that i'm looking for! $70,000 starting + annual bonus (inb4 poverty but remember I don't have an MBA). Normally I wouldn't have any chance at Associate level because you need an MBA from a TOP business school & 3 years experience, but this is for Graduate entry starting in September so I have a 1 in 7 chance; 2 positions from final 14 applications out of 10,000+!

Cliffs on how OP got to Fund Manager at 25:

- Been working 1 year as an oil consultant
- Invested some money into stocks & shares
- Made 9% in first month
- Offered Dentist a deal to make him 5% fixed on any amount up to $30,000/year
- OP keeps anything he makes on top; refunds anything he loses less than 105%
- Dentist agreed and paid OP £10,000 to start with
- OP aiming for 20%/year which is what Hedge Funds make
- OP has investment interest from 3 other friends including Doctor, former Banker and Engineer
- Passion for Asset Management & previous Consulting experience stood out in Cover Letter

OP now has an interview for Graduate Business Consultant @ McKinsey - Reps for everyone ITT, and reps x 3 if you post good useful advice for interview tips!



post 1504574331 05-12-2017, 03:35 PM
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1st

congrats autist brah

dont care IF you r troll enjoy your contents keep it up!
post 1504574391 05-12-2017, 03:35 PM
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Bro It's just an interview so don't get too invested emotionally just yet, but congratulations nonetheless. Keep it up boyo, you will go places.
post 1504574431 05-12-2017, 03:36 PM
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sounds great and looks promising. congrats!
post 1504574681 05-12-2017, 03:39 PM
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Originally Posted By wincel
Bro It's just an interview so don't get too invested emotionally just yet, but congratulations nonetheless. Keep it up boyo, you will go places.
Some companies have messaged me saying they only take current undegrad students for their graduate positions. Other companies like JP have just flat out rejected me. At best, I get "we like your CV but get an MBA and apply for an associate position".

So I know it's just an interview, but it's a HUGE opportunity and at possibly the most prestigious firm in the world hnnngggggg
post 1504574951 05-12-2017, 03:43 PM
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You are still a virgin and live at home.
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Chairman of the purge.

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post 1504575011 05-12-2017, 03:43 PM
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In i guess
post 1504575081 05-12-2017, 03:44 PM
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Autistic Investments LLC
post 1504575181 05-12-2017, 03:45 PM
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Nice resume bro! I had an offer from Deloitte for audit but decided to go another route.
post 1504575291 05-12-2017, 03:47 PM
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Brb chemical engineering major but goes into finance

U wot
$0 or $1 million crypto crew
Ex-OMG crew
post 1504575401 05-12-2017, 03:48 PM
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Originally Posted By juvefan
Brb chemical engineering major but goes into finance

U wot
I have a dream, that one day, my username will be ironic.

Chairman of the purge.

Every post by this user is made soley for the enjoyment of cia analysts.
post 1504575581 05-12-2017, 03:51 PM
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#12
  1. WelshAutist
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Originally Posted By LDARboyo
Nice resume bro! I had an offer from Deloitte for audit but decided to go another route.
What route did you choose?

Pure audit is a bit dull and requires a 3 year formal exam; audit advisory wasn't too bad because it was less back office and actually quite practical when applied on client site.

I don't think accountancy is for me; I am more about optimization, margin, forecasts, delivering results, reports and strategies as opposed to crunching numbers. I am actually a very good consultant, and despite being confident and funny in a professional environment, it kind of suits my FA personality because of the amount of private research that goes into the work, the amount of lonely hotel stays you endure, and the constant hard work masking my lack of social life.

I am glad I tried a variety of routes via internships and placements before finding what was right for me. I loved Investment Banking, but I didn't have a very long exposure to it due to it being my first ever undergrad internship!
post 1504575841 05-12-2017, 03:53 PM
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Awesome. Gj brah

It's really interesting how target schools/and or personal experience matters far more than degree in IB and Asset/wealth management. You are far more likely to get hired at Goldman/JPM/Deutsche etc with a totally unrelated degree like Law/Engineering/Philosophy from LSE/Oxbridge/Harvard than an actual Finance degree from a non-target school.
post 1504575951 05-12-2017, 03:54 PM
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  1. WelshAutist
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Originally Posted By juvefan
Brb chemical engineering major but goes into finance

U wot
People who do Classics and languages go into Finance lol.

Undergrad degree is almost irrelevant and can entirely be learned through internships, and even on the job training. Especially if you come from a reputable school like Harvard, Yale, Oxford, Cambridge, UCL, Stanford, etc.

The most important thing to secure a job in Finance isn't an Economics major; it's contacts (100% srs).

Had my dad not lived and worked in Germany for 2 years, I wouldn't have ever got my foot in the door at DB...
post 1504575991 05-12-2017, 03:55 PM
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holy chit m8, nice resume.

good fukn yard bruv.
post 1504576011 05-12-2017, 03:55 PM
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Originally Posted By WelshAutist
What route did you choose?

Pure audit is a bit dull and requires a 3 year formal exam; audit advisory wasn't too bad because it was less back office and actually quite practical when applied on client site.

I don't think accountancy is for me; I am more about optimization, margin, forecasts, delivering results, reports and strategies as opposed to crunching numbers. I am actually a very good consultant, and despite being confident and funny in a professional environment, it kind of suits my FA personality because of the amount of private research that goes into the work, the amount of lonely hotel stays you endure, and the constant hard work masking my lack of social life.

I am glad I tried a variety of routes via internships and placements before finding what was right for me. I loved Investment Banking, but I didn't have a very long exposure to it due to it being my first ever undergrad internship!
Yeah man, very impressive. I decided to go the gov't route.

I was offered the position of Assistant National Bank Examiner with the OCC. Here's an overview:https://careers.occ.gov/careers/expl...evel-mcbs.html

Basically, I heard horror stories from Deloitte associates about how they'd work 12 hours a day.. "But Deloitte caters dinner!" Haha no thx jeff, I'm glad I went another route. I actually start as a bank examiner in a few weeks.
post 1504576741 05-12-2017, 04:03 PM
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  1. luizjuiz
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Do you even know what a private equity firm does? 100% legit question, because it has absolutely nothing to do with what you are doing.
post 1504576851 05-12-2017, 04:04 PM
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#18
  1. WelshAutist
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Originally Posted By LDARboyo
Yeah man, very impressive. I decided to go the gov't route.

I was offered the position of Assistant National Bank Examiner with the OCC. Here's an overview:https://careers.occ.gov/careers/expl...evel-mcbs.html

Basically, I heard horror stories from Deloitte associates about how they'd work 12 hours a day.. "But Deloitte caters dinner!" Haha no thx jeff, I'm glad I went another route. I actually start as a bank examiner in a few weeks.
Looks pretty good man, if you're happy then that's honestly all that matters! You need a work life balance, especially later on in your life when you have family.

Haha, i've heard the EXACT same thing about Deloitte! Apparently KPMG is even worse in terms of what they require from you, and breeds the most robotic of people. But i'm not going to judge. It puts food on their table end of the day.

I get much better perks than dinner and a taxi home, and I can only imagine the sort of clients that I will get to work with if I get into McKinsey. One day I might even get to present about the future of West African Crude on Bloomberg for example <3
post 1504576901 05-12-2017, 04:05 PM
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Well technically you're not a fund manager so technically they are going to fukk you in the ass at McKinsey.

and gl with your 14 hour work days.

Also pepper your angus for recruitment program. If you truly are autist then I am not sure business consultancy is for you, but who knows.
sleep tight pupper

Don't wife a ho if she ain't got dat glow crew.
post 1504577091 05-12-2017, 04:07 PM
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LMAO way to go, OP. Congrats.























And by congrats, I mean congrats on counting your chickens before they hatch. You are starting a thread celebrating getting an INTERVIEW?! Maybe wait until you get an offer before celebrating?

If you don't pass the interview it is no different than never getting selected for an interview in the first place.
post 1504577261 05-12-2017, 04:08 PM
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#21
  1. WelshAutist
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Originally Posted By luizjuiz
Do you even know what a private equity firm does? 100% legit question, because it has absolutely nothing to do with what you are doing.
At the moment, I am a private asset manager. For 1 client, but soon it could be 4. 4 could become 10. 10 could become 100. I am a month in lol. But the longer term goal is to become a private equity firm i.e. invest in the private equity of small companies to grow a portfolio that way.

I doubt I will ever get the capacity to become a Hedge Fund, but it would be quite sweet to try and dabble in VC
post 1504577401 05-12-2017, 04:10 PM
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Originally Posted By WelshAutist
Some companies have messaged me saying they only take current undegrad students for their graduate positions.
What does this mean? Shouldn't you be a graduate to get graduate positions?

Is it impossible to get into big companies if you don't get it out of school?
post 1504577421 05-12-2017, 04:10 PM
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Originally Posted By juvefan
Brb chemical engineering major but goes into finance

U wot
So? When you finally realize that the point of higher education is to learn how to think, problem solve, and learn transferable skills, that's when you'll know how to be successful in life. Most job will be teaching you the specifics. The exception is trying to get INTO engineering or medicine. That's why it's probably good to do those routes because some bull**** like economics or finance is just fluff and really not that academic.
post 1504577511 05-12-2017, 04:11 PM
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Good luck, op
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post 1504577841 05-12-2017, 04:15 PM
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Originally Posted By SitchNoHomo
Well technically you're not a fund manager so technically they are going to fukk you in the ass at McKinsey.

and gl with your 14 hour work days.

Also pepper your angus for recruitment program. If you truly are autist then I am not sure business consultancy is for you, but who knows.
Investment Fund = supply of capital belonging to investors who purchase securities while each investor retains ownership of own shares

Fund Manager = Employee who manages the investment of money on its behalf

I created a portfolio; Dentistbrah invested his money in it; technically I am a fund manager of his assets.

Most of the recruitment is done. Been through the online testing, telephone interview, psychometric testing, competency interview, assessment centre, panel interviews, and final stage now is 1-to-1 partner interview with MDs

2 positions; 14 remaining applications; September start date
post 1504577891 05-12-2017, 04:15 PM
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Congrats, OP, but you're only setting yourself up for massive disappointment by getting so excited over an INTERVIEW.

I know from experience.
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post 1504578141 05-12-2017, 04:18 PM
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Originally Posted By WelshAutist
At the moment, I am a private asset manager. For 1 client, but soon it could be 4. 4 could become 10. 10 could become 100. I am a month in lol. But the longer term goal is to become a private equity firm i.e. invest in the private equity of small companies to grow a portfolio that way.

I doubt I will ever get the capacity to become a Hedge Fund, but it would be quite sweet to try and dabble in VC
It can be a 1,000 man, doesn't matter. They saw in your CV that you are a fund manager in a private equity firm.

They will ask you is what a leveraged buyout is, you won't know. They will ask you what are the sources of value creation in a leveraged buyout, you won't know. they will ask you to do a quick calculation of IRR on a PE deal, you won't know. They will ask you virtually anything about private equity, you won't know. Then they will ask you why the hell you told in your CV you are a PE fund manager if what you are doing definitely isn't PE, which is the polite way of saying "we've spot you lied here brah, please get away and close the door on the way out please". That's the moment when you leave and pray they don't blacklist you in every possible company they do business with, which is pretty much every existing big company on the planet. That of course, without mentioning the jokes they will make on you inside the company through their internal mail with a message titled like "kid claims to be PE fund manager, we call him for an interview, find out the actually trades 10k pounds on stocks".
post 1504578761 05-12-2017, 04:24 PM
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I used to work at bcg, it sucked. Go and work in tech.
post 1504579251 05-12-2017, 04:29 PM
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Originally Posted By luizjuiz
It can be a 1,000 man, doesn't matter. They saw in your CV that you are a fund manager in a private equity firm.

They will ask you is what a leverage buyout is, you won't know. They will ask you what are the sources of value creation in a leverage buyout, you won't know. they will ask you to do a quick calculation of IRR on a PE deal, you won't know. They will ask you virtually anything about private equity, you won't know. Then they will ask you why the hell you told in your CV you are a PE fund manager if what you are doing definitely isn't PE, which is the polite way of saying "we've spot you lied here brah, please get away and close the door on the way out please". That's the moment where you leave and pray they don't blacklist you in every possible company they do business with, which is pretty much every existing big company on the planet. That of course, without mentioning the jokes they will make on you inside the company through their internal mail with a message titled like "kid claims to be PE fund manager, we call him for an interview, find out the actually trades 10k pounds on stocks".
I recently acquired the controlling share of a Nigerian start up (srs). They need to raise $165,000 for their entire set-up, operation, and profitability ROI. Using my firm's reputation and contacts, I hope I can get private investment of that for an equity %. The company is started by some graduates from another university who approached me over LinkedIn when I had it.

Also, my dad wants to introduce me to a small Indian logistics company who wants to conduct some overseas operations. I can actually buy equity into this one due to exchange rate with Dentistbrah's money, and repay the debt later with profits after growth.

I know my short term aim is to make a large % from securities on the markets, but like I said, longer term, it's very likely that given the right investment and capital, I will grow into a PE.

But I do appreciate the input, and I do hope I get the chance to explain myself to the MD. Otherwise, I can see why I will get shown the door within 30 seconds lol...
post 1504579311 05-12-2017, 04:30 PM
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Originally Posted By luizjuiz
It can be a 1,000 man, doesn't matter. They saw in your CV that you are a fund manager in a private equity firm.

They will ask you is what a leverage buyout is, you won't know. They will ask you what are the sources of value creation in a leverage buyout, you won't know. they will ask you to do a quick calculation of IRR on a PE deal, you won't know. They will ask you virtually anything about private equity, you won't know. Then they will ask you why the hell you told in your CV you are a PE fund manager if what you are doing definitely isn't PE, which is the polite way of saying "we've spot you lied here brah, please get away and close the door on the way out please". That's the moment where you leave and pray they don't blacklist you in every possible company they do business with, which is pretty much every existing big company on the planet. That of course, without mentioning the jokes they will make on you inside the company through their internal mail with a message titled like "kid claims to be PE fund manager, we call him for an interview, find out the actually trades 10k pounds on stocks".
Bernard Madoff graduated with a BA in political science and still today running one of the largest most successsfull firms, lol if you think you need experience in a field
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