Anonymous wrote:Thoughts on this career field/path
Anonymous wrote:I work for a large F500 publicly traded company. Stock price is a very, very, very important metric for all public companies. As is adhering to SEC laws and guidelines. As is maintaining a good relationship w Wall Street, institutional investors, industry analysts, etc. Investor Relations folks are the ones that do this all. Most IR people have an MBA.
I don’t know where the idea that they are glorified PR people came in on this thread, but in my experience this is very far from the truth.
Anonymous wrote:The two women I know with jobs in investor relations are conventionally attractive boarding school/NESCAC alums who had looks and connections. They’re not dumb, but not brilliant.
Anonymous wrote:Anonymous wrote:The two women I know with jobs in investor relations are conventionally attractive boarding school/NESCAC alums who had looks and connections. They’re not dumb, but not brilliant.
Brilliant ones don't need to look attractive, their skills and intellect speak for them.
Anonymous wrote:The two women I know with jobs in investor relations are conventionally attractive boarding school/NESCAC alums who had looks and connections. They’re not dumb, but not brilliant.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Would you recommend she goes straight into the field after college or works for corporate or consulting first? Most of the IR professionals she sees on LinkedIn at these big banks and investment firms are 40+ year old women.
Banking or consulting first, don’t need to stay for too long.
I agree, go to a tough more prestigious job where you learn a ton and have lots of exit opportunities.
You can downshift to IR later if you’re extroverted, like travel (usually have a regional client coverage model), and do t want to do deals yourself.
And SToP saying yours or she’s bad at math. WTF. Excel math is not differential equations
Anonymous wrote:I am the head of IR for a fortune 500 company.
I worked in a more market facing role for many years. Eventually, once I had young kids, I wanted more manageable hours and less stress.
I truly enjoy IR, and have a major eye roll for the hate towards it.
Each company is different (and there are a wide range of roles within IR) but for me it is very manageable hours with the exception of near earnings calls. But, I can predict that. Other times, I WFH quite often.
Cons include the fact that IR is a very small team even within huge companies (I have three individuals that report to me). Vertical growth can be hard... horizontal growth is easier. Huge pro is that it is great exposure, even early on. The most junior members of our team are briefing our CEO.
I love what I do. In the future I might move to a SVP or CFO role within the company, but I am content right now. I would suggest not starting out in IR depending on major.... if she is a finance major work in finance first. If she is com or PR, work in IR right away.
Anonymous wrote:I work for a large F500 publicly traded company. Stock price is a very, very, very important metric for all public companies. As is adhering to SEC laws and guidelines. As is maintaining a good relationship w Wall Street, institutional investors, industry analysts, etc. Investor Relations folks are the ones that do this all. Most IR people have an MBA.
I don’t know where the idea that they are glorified PR people came in on this thread, but in my experience this is very far from the truth.
Anonymous wrote:Anonymous wrote:Thoughts on this career field/path
What for a public company? You need to be CFO or in the finance dept
For a fund or private school? They hired you based on your network and ability connect fresh capital with them.