Search Advanced Post your resume

Student Centre

Sign up
Career Path: Associate

Associate

“Associates” are basically analysts who have made the grade, or business school students who joined after studying a Masters in Business Administration (MBA). Associates typically have a team of analysts in their charge, to whom they allocate work.

So what does it take to make the move from analyst to associate? \"We would expect an analyst being considered for promotion to go beyond the use of analytical skills, “ explains Calum Forrest, head of recruitment at Goldman Sachs. The bank expects a lot from candidates for associate positions:

  • real leadership potential: as an associate you may be expected to manage a small team (although an associate would also receive management support from a VP);
  • increasingly sophisticated judgment, specifically the ability to develop a sometimes contrary point of view, and to articulate it persuasively;
  • an understanding of client motivation and the commercial backdrop to their work.
  • Expect to be an associate for another three years, before moving up to the next rung – VP.

Financial analyst
M&G Investments

"Spreadsheets will figure in a large proportion of your workload – if you don't like Excel, this job probably isn't for you."
Associate
Dresdner Kleinwort Wasserstein

"If you work in risk, you need to be resilient, persuasive, and able to stand your own ground when a deal can’t go ahead"
Associate, Emerging Markets Currency Group
HSBC

"Don’t just go somewhere for the location – look at where you can get the best experience and opportunities in the area of financial markets that most interests you"
Associate, Global Capital Markets
Morgan Stanley

"Keep a keen interest in current affairs – capital markets bankers need to be very close to the financial markets"
Account developer
Allianz

"There is a variety of roles in the insurance industry. Find a scheme that gives you the chance to experience and consider them all."

Site Information

eFinancialCareers is a Dice Holdings, Inc. company. Dice Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)