Cambridge Associates, LLC Photos
- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at Cambridge Associates, LLC full-time (more than 3 years)Pros
Business casual. Management doesn't really want to deal with you, so if you do you your job people will generally leave you alone.Cons
Boring job. Micromanaged. You don't learn much. Promotions based on relationships rather than work achieved. Increasing workload on analysts. High turnover.Advice to ManagementAdvice
Be honest to the people you are hiring in that this is a very repetitive and mind-numbing job.Doesn't RecommendNeutral OutlookNo opinion of CEO
Getting an Interview
Getting an Interview
1 person found this helpfulApplication Details
I applied through college or university. The process took 2 weeks – interviewed at Cambridge Associates, LLC.Interview Details
Recent college grad from a top tier liberal arts school. Submitted my cover letter, resume, and transcript to C|A through my school's career website. Little to no financial services/investment management experience and majored in a non-finance field of study, but I received an email for a short (20-30 min) first round phone interview shortly after (<1 week). The phone interview was very conversational, easy-going, and only contained behavioral questions. Just make sure you prepare and know why you want to work for C|A and in the position you applied for. Also asked me about why I chose my school and my major. Immediately after my interviewer finished asking her questions and I asked some of my own, she invited me to C|A's Super Day in Boston.
C|A's Boston office was incredibly easy to find and when I arrived there was a short wait in the lobby with about 6-7 other candidates. The first step was a bagel breakfast, where the candidates listened to a short presentation about C|A by an Investment Director (~15 mins). Then the floor was opened for a short Q&A with the ID and the some current Investment Associates who were also in the room, and who were also going to be interviewing the candidates. Make sure you ask a question, as it will make you standout. I was originally told the first step would be a 45-60 min powerpoint on the firm, so I was a bit surprised by this departure.
After the ID presentation was over, each candidate split off with a current IA/interviewer for a 1-1 30 min interview. Over the course of the day, I had 4-30 min interviews. The first was behavioral (very informal/conversational) that focused on my educational background. The second was a case component. The third was also a case component. The last was another behavioral that focused on why I wanted to work at C|A and as an IA (interviewer was visibly disinterested/standoffish). I read beforehand that each interviewer adopts a different persona (very nice, neutral, uninterested/brash) and I definitely saw it during the interviews. Don't let it rile you though, it is a way for them to see how you handle stress/different personalities. After I was finished with those, I went on a 40 min lunch with a current IA to speak more with someone who has firsthand experience with the position.
Despite what I thought was a very good Super Day performance (I had scoured the web for insights on the process and had learned all the technical concepts I knew were coming in the interview), I unfortunately was called back about 3 business days after my interview and told that they were moving in a different direction. Overall, it was a very pleasant and educational experience, but I am very disappointed and a bit confused as to why I didn't get an offer. Live and learn, though.Interview Questions
No OfferPositive ExperienceDifficult Interview
- While C|A doesn't expect prospective IA's to have a lot of financial/investment management experience (a ton of their IA's are liberal arts grads from non-finance backgrounds), there is a significant case component to the Super Day. Make sure you understand correlation, standard deviation, and the Sharpe Ratio very well. Being well read on recent financial news is always a good idea as well. Answer Question
We are a leading global investment firm that delivers innovative portfolio management services to institutional and private investors. For more than 40 years, we have focused on discovering new ways to add long-term value to our clients’ portfolios based on their unique objectives.
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