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Posted on 5/18/10 at 12:15 pm
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/18/10 at 12:15 pm
I've been tooling around on the interwebz looking for potential jobs and it has occurred to me that I don't really know what job position I should be looking for.

I want to be a financial analyst, but there are classes 1-4. I don't have any work experience, but I don't think I'm a class 1 either.

Would anyone like to shed some light on this for me?
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 5/18/10 at 12:22 pm to
Russain would know,speaking of think people arent sure about you should check out my most recent posts in the stock thread imo. botttom of pg 24


How good do you think you are at explain concepts?
This post was edited on 5/18/10 at 12:23 pm
Posted by LSURussian
Member since Feb 2005
133468 posts
Posted on 5/18/10 at 12:33 pm to
quote:

Russain would know,speaking of think people arent sure about you should check out my most recent posts in the stock thread imo.

How good do you think you are at explain concepts?



That probably sounded a lot better in your head....
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 5/18/10 at 12:36 pm to
Classes on job titles from my experience are pretty subjective titles. Companies award them by experience generally, and there is not always uniformity between companies. For example, in accounting, experience and title might look like this:
0-3 years = accountant 1
3-7 years = accountant 2
7-15 = 3
15+ = 4


Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/18/10 at 12:42 pm to
quote:

Tiger4


What?
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 5/18/10 at 12:59 pm to
MY advice is to listen to russain. youll need espericance that can be taught in the class room. People skills and that type of stuff, however Im sure your good at that tho.


quote:

Ephcx vs wre
WHo you got?
This post was edited on 5/18/10 at 1:01 pm
Posted by LSURussian
Member since Feb 2005
133468 posts
Posted on 5/18/10 at 1:06 pm to
quote:

MY advice is to listen to russain.
My advice is stop posting in this thread....
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 5/18/10 at 1:13 pm to
quote:

My advice is stop posting in this thread....
I wasnt talking to myself, but I can you are your talking to yourself.


Russian is sooooo e-cool.
This post was edited on 5/18/10 at 1:14 pm
Posted by LSURussian
Member since Feb 2005
133468 posts
Posted on 5/18/10 at 1:17 pm to
quote:

I wasnt talking to myself, but I can you are your talking to yourself.


Seriously, are you drunk???
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 5/18/10 at 1:29 pm to
Dude has to be drunk...
Posted by tigers444
Member since Jun 2009
3095 posts
Posted on 5/18/10 at 1:45 pm to
quote:

I want to be a financial analyst, but there are classes 1-4. I don't have any work experience, but I don't think I'm a class 1 either.

Why don't you think you are class 1? Most likely if you just graduated, you will be classified as a 1 unless you have been working with the company throughout school.

quote:

For example, in accounting, experience and title might look like this:
0-3 years = accountant 1
3-7 years = accountant 2
7-15 = 3
15+ = 4

I've only seen job listings with Accountant 1, 2, etc as government jobs but I could be wrong. Usually accountants are labeled as Staff, Senior, Manager, and so on.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 5/18/10 at 2:06 pm to
I've seen it in both sectors. Just depends on the company. Makes people feel like they are getting a promotion, because they can now put a little II or III next to their title.
Posted by BaylorTiger
Member since Nov 2006
2083 posts
Posted on 5/18/10 at 2:37 pm to
From what i've seen it's both!

You got an A1, A2, A3 = Associates

then the same thing with seniors and managers...partners...we'll...i dunno bout that...and i don't think i wan't to...

*WHIPISH*

O, snap, I gota go!
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/18/10 at 3:13 pm to
quote:

Ephcx vs wre
WHo you got?


Don't know much about either.

quote:

Why don't you think you are class 1? Most likely if you just graduated, you will be classified as a 1 unless you have been working with the company throughout school.


I base it mostly on salary paid. I am not really high and mighty about where I am, but a 23 year old with an MBA and 2/3 of his CFA exams passed should not be making 35-45k, IMO. I think 45k is the national average for all finance bachelors.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/18/10 at 5:13 pm to
I usually either go to specific websites (B4, ratings agencies, IBs, Fed banks, comm banks, etc) and see what pops up and read the description. Otherwise, if I'm looking on like Indeed, I just type in various keywords, like business valuation, equity research, valuation, financial analyst, etc, and see what pops up. Every one calls everything by different names. I wouldn't worry about salary, every one thinks they're underpaid, you probably will too. You only set yourself up for disappointment (just being brutally honest here).
Posted by kaaj24
Dallas
Member since Jan 2010
877 posts
Posted on 5/18/10 at 5:30 pm to
Get a job, prove your salt and good things happen for you including bigger titles. I wouldn't focus on titles given you don't have any experience at this time.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/18/10 at 5:41 pm to
quote:

Get a job, prove your salt and good things happen for you including bigger titles. I wouldn't focus on titles given you don't have any experience at this time.



It's not about my personal ego with titles, it's about the fact that if I only search Analyst I, I get jobs that have worse pay than I would want my secretary to have.
Posted by LSURussian
Member since Feb 2005
133468 posts
Posted on 5/18/10 at 5:51 pm to
quote:

I get jobs that have worse pay than I would want my secretary to have.
So you think you'll have a secretary starting off...???
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/18/10 at 5:53 pm to
quote:

So you think you'll have a secretary starting off...???



Haha, I post on the O/T occasionally. Not only will I have a secretary, she will be a 9.7 and always making advances on me, despite my constant reminder that I only roll with 10's.

But seriously, that was just hyperbole.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/18/10 at 5:54 pm to
Yeah don't get caught up in the titles, they're all over the place. Read the descriptions to figure out if its the right job. BTW, how much statistics carries through to L2? L1 pretty much covered all of the stuff I remember about statistics, and I HATE it (doing that review now).
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