Reading time: 3 minsMeet Ned
Hello, I'm Ned! I studied Philosophy and Theology at Edinburgh University before joining Fidelity on the Equity Research Graduate Programme. I loved my time at university and being a part of the Investment Society played a critical role in me uncovering my desire to work within the world of Finance and Asset Management. This is my first role out of university and a year into the role I am really enjoying it.
Outside of work I enjoy playing sport and have had some great tennis and padel summer evenings with my work colleagues. My team is social outside of work, and it really means the day to day feels less like a job.
From Philosophy to Finance - how did you choose this career path?
Studying philosophy and theology, I found myself drawn to the investment industry. My love for numbers and the dynamic nature of businesses sparked an interest that differs to traditional career paths. For me, asset management offers a panoramic view of the economy. In my current role, I have free rein to find the best industrial companies across three and half continents (LatAm and EMEA region). I have discovered that the research effort and enjoyment of developing an investment thesis, is akin to reading and developing arguments from my degree.
Transitioning from humanities to finance might seem daunting, but it's a journey worth taking. While technical aspects posed initial challenges, the learning curve was met at every stage with support from other graduates, buddy, manager and the whole team at Fidelity. Bringing my own determination, the quality of the training programmes and CFA exams, I quickly bridged any gaps in my technical knowledge. My experience proves that embracing new disciplines can be an exciting venture, not a hurdle.
Are there any unexpected advantages coming from a non-finance background?
I've developed and honed multiple strengths in my humanities background. My education equipped me with analytical skills and the ability to process large amounts of information—essential for equity research. The critical thinking developed during philosophical studies has proved useful with investment research and developing investment theses. My ability to communicate complex ideas clearly is a pivotal skill in conveying investment theses to fund managers, a skill I often utilized during my degree.
My philosophical background influences my approach to market analysis. My ability to logically allocate time for research and source reliable information translates seamlessly into crafting effective investment strategies. The skills honed through philosophy essays are now the backbone of my research framework.
Why does Fidelity place an important emphasis on diversity of thought?
Different perspectives enrich the decision-making process, fostering creativity and innovation. I think humanities graduates can bring unique approaches to problem-solving, while scientists and mathematicians offer precision and analytical prowess. This blend creates an environment where ideas can develop and be tested.
What advice would you give to students considering a career in finance?
For students hesitant to apply to investment firms, my advice is simple: just apply. Regardless of your academic background, the finance industry offers immense learning opportunities and growth. My journey demonstrates that you can enter in a field that values diverse skill sets.
How did you prepare for the application and interview process?
My preparation involved diving into the investment society at Edinburgh University and engaging in stock pitches—practical experiences that mirrored real-world finance roles. I encourage students to pursue their interests, explore industries, and go down rabbit holes of learning. Surround yourself with individuals who are a couple steps ahead of you, and you will naturally be pulled forward.
Did you have any misconceptions about the finance industry and have these changed?
Before joining the industry, I had misconceptions about hierarchy within finance organisations and the level of responsibility placed on graduates. Yet, I've discovered that young grads at Fidelity are entrusted with significant responsibilities, meeting top executives and pitching ideas. The fast-paced, collaborative environment allows us to thrive and make decisions that are acted on by our team. There is limited hierarchy, with real relationships between analysts and fund managers across the experience spectrum.
Have you felt pressure to justify your non-finance background since working as an Equity Research Analyst?
I've never felt the need to justify my humanities degree. In the finance world, skills and ideas matter more than the specific degree. My story is a testament that diverse educational backgrounds can pave the way for success, regardless of the industry.
Don't worry about your background; the finance industry is a great place to be. So, whether you study philosophy, mathematics or languages, your unique skills might just be the key to unlocking a rewarding career in finance.