Hi:
Can anyone shed some light on breaking into ER in Calgary. I have been looking browsing the job boards, not that many positions available to even apply to. I graduated from a Canadian Target, 3.7 GPA, got some decent experience in the Oil and Gas sector and am going to take level III CFA. Currently just finished an interview with a BB for an ER position. In case I don't hear back, wondering if anyone's got some takes on the market.
thanks,
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Calgary Equity Research Job Market (Originally Posted: 12/04/2011)
Hi guys,
I will be looking to make a move from industry to oil & gas research in Calgary early in 2012. Just wondering if anyone could shed some light on the current hiring sentiment in Calgary. Outside of regular tunover are firms looking to grow their teams?
Also, how long does it generally take to go through the interview process and start working given you receive an offer and accept it?
Thanks.
There's generally a lot of turnover in the ER market, especially in Oil and Gas, as companies compete for the best. I personally know of a recruiter that's looking to fill 3 or 4 associate or analyst positions there at the moment.
What 2012 will look like... who knows? That said, there isn't a lot of "growth" left in the market, other than the occasional mid-market or boutique firm that wants to get into it. The established teams at banks, etc. are not growing - and may be shrinking in this economy.
Interview processes are also highly variable - but I'd expect nothing shorter than 2-3 weeks.
Thank you, that will help. I have someone refer me to a recruiter that deals in the area as well but if you would be willing to pm me your contact i'd appreciate it. Thanks
Turnover is probably higher than most industries but I wouldn't say by a lot. Would help to have an engineering degree for oil and gas.
Hiring is on a need only basis and it doesn't take much for 1 or 2 associates to cover a huge number of companies. I know that quite a few associates in Calgary (where I'm also based) that cover 20+ companies each.
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