Work Experience for Asset Management?

So heres my story. Graduated in December with an undergrad gpa of 3.2, passed CFA® 
level 1 in December, will be writing level 2 in June. I live in a small town in Canada (Lethbridge, AB, pop ~80,000) and long term would like to work in Asset Management in the US.

Is there any type of decent experience I can get in a small town that would fare well for AM, or am I better off moving to a real city? I've been looking at doing back office stuff at the local RBC DS office (PWM), which would at least count as CFA® 
experience.

I'm thinking after a couple years of that I'll apply to some second-tier MBA programs in the US, network my ass off, then hopefully secure an H1b.

Does this all kind of sound reasonable? Would I be better off moving and trying to find a job more relevant to AM?

 

Thanks for the reply John. Main reason I'd like to stay here is that I have a good life, family is all here, and my girlfriend is here going to school. I think it'd be a decent spot to be able to work a fairly stressless job, manage my own portfolio, and still have the energy to prep well for the CFA and GMAT.

Just curious what others thought of that plan, or if anyone else has experience in making a similar transition.

 

Facilis quasi vero et voluptas molestias ullam odio. Omnis eius ut odio officiis.

Velit voluptatum quidem aut molestias expedita aut. Aut quasi sint aut tenetur. Rerum voluptatem iusto ut nobis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”