Online MBA Can Lead to Success as a Financial Analyst
27 June, 2020
Junior analysts at large investment banks such as JP Morgan Chase and Goldman Sachs are seeing an unprecedented wave of recruiting for their skills from prestigious buyout funds and private equity groups. What does this mean for college students? In an era of sluggish economic growth, one degree holds the key to a secure and lucrative career.
The New Employment Paradigm
Financial analysts are reaping the rewards of converging phenomenon to procure a private equity job merely one year after graduating with a Bachelors degree. Junior financial analysts now see private equity recruiters contacting their employers for interview requests before they celebrate their one-year anniversaries with some of Wall Street’s top investment banks. When April arrives during their first year of Wall Street employment, financial analysts less than a year removed from college often see an influx of private equity firm recruiting calls.
Why the Paradigm Shift?
Openings for young analysts at private equity firms typically do not manifest until the analysts finish their two-year contracts that begin upon graduation. However, companies such a Kohlberg Kravis and The Carlyle Group target junior analysts who are working towards earning an MBA. While they learn on the job during their first year after obtaining an undergraduate degree, a growing number of junior analysts take online MBA classes to buttress their professional credentials. The junior analysts can work their full time jobs during the day and then attend class from the convenience of their homes at night. Students can often earn an online MBA in just one year.
An MBA, coupled with the first year of investment banking experience, can help junior analysts land private equity jobs that utilize mergers and acquisition, leveraged financing, and financial portfolio management acumen. Since investment banks have become highly regulated, many junior analysts decide to augment their financial analysts career by working for private equity firms. Earning an online MBA provides them with the skills to be creative and take risks for venture capital firms and companies that manage hedge funds.
University of Northwestern Ohio Online MBA
Private equity recruiters no longer place as high of a premium on experience. Instead, they search for job candidates who possess the academic credentials to succeed in a competitive, high-performance industry. Earning a University of Northwestern Ohio online MBA can provide the aspiring junior investment banker with an advantage during the private equity firm recruiting wars.
Enrolling in an online MBA program immediately after securing a junior analyst position can help young professionals move up quickly in the financial industry. Not only do students learn the technical concepts taught at the University of Northwestern Ohio, they also complete an MBA curriculum that teaches the value of personal integrity when dealing with financial clients.
One of the greatest benefits of earning an online MBA at the University of Northwestern Ohio comes from the entrepreneurial teaching perspective that promotes imagination, initiative, and quick thinking – all valuable traits in the world of finance.