your Finance Career Shortcut

Equity Research Training program

From Invisible Applicant to

Equity Research Associate in Just 3 Months

Are you a student with NO EXPERINCE struggling to get your first finance internship?

Transform from 'an invisible applicant' to a published researcher with institutional investor presentation experience in just 3 months by
joining the Equity Research Training
Summer 2025 cohort!

This program is designed to help ambitious students bypass the “no experience” barrier in finance recruiting!

in this program you become a co-author

1️⃣ Unlike typical courses, you will get to co-author a 40 page CLSA commissioned research report made available on CLSA research website and distributed through its sales network

2️⃣ Receive hard copies of the published report with your name listed as a co-author serving as evidence in future interviews

3️⃣ You will present key report findings to >50 global investors (TBD - but expect Wellington, Blackrock) over two global calls

4️⃣ You will collaborate with Head of CLSA X and CLSA publication team in Hong Kong during the publishing process

5️⃣ You will join a research team led by YR, an ex-equity analyst at CLSA who will provide daily mentorship and training throughout the entire process

PROGRAM BONUS SESSIONS!

✅ Resume Transformation Session: Craft a finance-ready resume that is proven to get interviews

✅ Interview Workshop: Prepare key questions that are asked in finance interviews

✅ AMA Session with CLSA Senior Analyst: Speak directly with an analyst who is currently working in the field

✅ Lifetime Alumni Network: Join a growing community of YR School graduates

YR PRODUCES TOP FINANCE TALENT

“Thank to YR, not only was I able to secure a banking internship in 2024 but he was especially helpful with interview & self presentation preparation”

Mentee who got his first finance internship in 2024

“I learned how to think long-term and maintain a positive attitude when things don’t go according to plan, thanks to YR”

Analyst at Big 4 FAS team (full-time) who was mentored by YR

looking for 3 committed students

This program results in a published report with real stakes which means

1️⃣ There is an application process: CLSA has trusted YR as the lead analyst - with your name as co-author. Your work is a direct reflection of his reputation

2️⃣ You need to come into the office daily: There is a publication deadline (early July) so we need students that can come into the our office daily (9am to 6pm) for 3 months to ensure effective training and research quality

PROGRAM FEE & application process

Application due on April 30

〰️

Application due on April 30 〰️

PROGRAM FEE (please read)

  • To be part of this transformative experience you will have to make an initial investment of ₩1,000,000 and pay a future success fee of ₩4,000,000 ONLY IF you land your next internship (finance & consulting) in the next 12 months

  • The validity period is 12 months because some of you will go back to school but we will shorten the timeline to 6 months if you are taking a gap period to focus solely on recruiting. For your reference, this is 1/3 of the time it took YR to land his first finance internship (18 months) without any experience

  • This is our way of saying “you will get your next internship in just couple months after this program.” We are so confident in this experience that we are foregoing the success fee if it doesn’t happen within the validity period

  • The future success fee will likely be 66% or less of your next internship income. We designed this to be a fully self-sufficient program where you don’t have to ask your parents for money

YOUR SUCCESS is our success. We designed all aspects of the program to align the incentives

application process (please read)

  • Submit Application (Deadline April 30): Complete our application form (click link below)

  • Interview with YR (From April 24 to May 7):

    • Submit Program Fee: In order to work with serious candidates you will be asked to pay the ₩1,000,000 initial fee to secure your interview spot

    • Don’t worry if you don’t get accepted we will fully refund you by 7 May 2025

  • Result announcement: May 7

  • Program period: 12 May to 8 Aug 2025

    • You will be required to come into the office daily during this period

As you can see our emphasis is on COMMITTMENT not EXPERIENCE
Apply ONLY if you are SERIOUS about starting your finance career

Only 3 spots available

The Impossible Barrier in finance

➤ You need experience to get a finance job 🤯

➤ But you need a finance job to get experience 😡

This is why the first internship experience is the toughest

Every day, hundreds of ambitious students like you are rejected because they lack "relevant experience" - creating a frustrating loop that seems impossible to break

I know this cycle all too well - I faced over 100 rejections and it took over 18 months before landing my first role at CLSA, one of Asia's leading investment firms

Bypass that Barrier This Summer

We designed a unique solution especially for students with NO EXPERIENCE

YR School's Equity Research Training Program allow you to become a co-author of a real equity research report that will be published and presented to institutional investors like Blackrock and Wellington while working directly with an ex-CLSA analyst for 3 months

This isn't a simulation or case study. This is the real thing

7 core skills Your Future Employers Will See after this program

1️⃣ Your name as a published co-author on an institutional-grade research report
You'll receive hard copies of your published report to bring to future interviews - creating a powerful talking point that demonstrates your capabilities beyond a typical resume

2️⃣ End-top-end equity research capabilities from research to publication

3️⃣ Collaboration with Head of CLSA X and CLSA publication team in Hong Kong

4️⃣Presentation experience in front of global institutional investors (only for top performers)

5️⃣Power point making skills to visually communicate your ideas

6️⃣Insight into how the cutting edge AI tools and capabilities will reshape the job market

7️⃣Ability to find both listed and public beneficiaries of the rise in AI

you will also receive these bonus training sessions after the report is done

✅ Resume Transformation Session: Craft a finance-ready resume that is proven to get interviews

✅ Interview Workshop: Prepare key questions that are asked in finance interviews

✅ AMA Session with CLSA Senior Analyst: Speak directly with an analyst who is currently working in the field

✅ Lifetime Alumni Network: Join a growing community of YR School graduates

Scroll to see what you will be able to write in your resume after this program

My story: From 100 rejections to CLSA EQUITY ANALYST

FROM CLUELESS STUDENT

Like you, I was once a university student desperate to break into finance. Despite my best efforts, I faced rejection after rejection because I lacked the one thing everyone demanded: experience.

After my 100th rejection, I realized I needed to take a different approach. Through persistence and some fortunate connections, I eventually landed a research internship at CLSA Korea.

Click the image below to see my YouTube video explaining my tearjerking 18 month journey

TO CLSA analyst & startup CFO

That initial experience changed everything. I leveraged that to build a successful career as an equity analyst at CLSA in Seoul and Hong Kong, eventually becoming a CFO for a Korean eCommerce startup.

The most important lesson I learned:
You need to first break into the industry. Without it, doors remain closed. With it, possibilities open.

Now I've created the program I wish existed when I was starting out - a direct path to gaining the exact credential employers value most

YR PRODUCES TOP FINANCE TALENT

At CLSA, YR groomed more than 20 interns & full-time over 6 years. Now his mentees are working for firms like Goldman Sachs, HSBC, CLSA and Rays in Asia

mentee interviews and proofs (in Korean)

“One of the biggest learning from YR was how to think long-term and maintain a positive attitude when things don’t produce short-term outcome, thanks to YR”

Analyst at Big 4 FAS team (full-time) who was mentored by YR

“Thank to YR, not only was I able to secure a banking internship in 2024 but he was especially helpful with interview & self presentation preparation”

Mentee who got his first finance internship in 2024

AFTER LEAVING FINANCE, YR HELPED mentees brEAK into these companies

  • With the help from yr, i was able to choose my internship with mirae asset ibd after interviewing with various firms including affirma pe & stic pe

    Mentee who was able to choose his internships after YR’s help

Who is the program for?

good if you are…

University students with no finance experience who are struggling to get interviews
Students who have tried applying to finance roles but keep getting rejected
Ambitious individuals willing to invest in their future rather than continuing the cycle of rejections
Those who can commit to a full-time, in-office experience from May to August 2025

not ideal if you are…

People who already have finance internship experience
Those who cannot commit to daily in-office work in Seoul
Students seeking a classroom-based program

Students looking for technical skill developments (i.e. financial modelling and valuation)

looking for 3 committed students

Unlike typical courses, this program results in a published report

CLSA has trusted YR as the lead analyst - with your name as co-author - to produce a report that will be available on the CLSA website and distributed to their CLSA’s global institutional investor client base

This means:

1️⃣ YR can only work with high caliber students who he can train and trust to produce institutional-grade research report. This is why there is an application process

2️⃣ Your work will directly reflect on YR’s professional reputation as the lead analyst

3️⃣ You will have to come into the office daily (9am to 6pm) to work with YR and other RAs to ensure high quality research and production

4️⃣ There is a deadline for the report (early July) which means YR can only work with a small group (max 3 people) to train them into a functioning Research Associate (RA)

YR is willing to train people with NO EXPERIENCE but he has high standards

”It will be a tough program but at the end of the program, I assure you, this training will help you become one of the top performing worker in your future jobs”

From YR

How does the Equity Research Training Program Work?

Over 3 intensive months you will:

  1. Research: Dive deep into how AI will impact jobs, researching industry developments and testing various AI tools to understand their potential

  2. Create: Develop a professional equity research report that meets institutional standards

  3. Publish: Work with Head of CLSA X and the CLSA publication team to publish your report with your name as co-author

  4. Present: Participate in two global calls with institutional investors, with top performers having the opportunity to present directly (exact investors and date TBD)

  5. Prepare: Perfect your applications and interview skills for your future internships after the report has been sent to CLSA

PROGRAM FEE & APPLICATION PROCESS (PLEASE READ)

Application due on April 30

〰️

Application due on April 30 〰️

PROGRAM FEE

There is a program fee to be part of this transformative experience

✅Initial investment of ₩1,000,000

This covers your participation in the 3-month program.

✅Future success fee of ₩4,000,000

This is ONLY PAID IF you land your next internship (finance & consulting) in the next 12 months (or 6 months for some)

  • It is 12 months because some of you will go back to school but we will change the timeline to 6 months if you are taking a gap period to focus solely on recruiting. For your reference, this is 1/3 of the time it took YR to land his first finance internship (18 months) without any experience

  • This is our way of saying “you will get your next internship in just couple months after this program.” We are so confident in this experience that we are foregoing the success fee if it doesn’t happen within the validity period

  • The success fee of a ₩4,000,000 implies you will be paying about 66% of your pre-tax internship earnings. (finance internship in Korea pays approximately ₩2,000,000 per month for 3-month = so ₩6,000,000). This means it is a fully self-sufficient program where you don’t have to ask your parents for money

YOUR SUCCESS is our success. We designed all aspects of the program to align the incentives

application process

  • Submit Application (Deadline April 30): Complete our application form (click link below)

  • Interview with YR (From April 24 to May 7):

    • Submit Program Fee: In order to work with serious candidates you will be asked to pay the ₩1,000,000 initial fee to secure your interview spot

    • Don’t worry if you don’t get accepted we will fully refund you by 7 May 2025

  • Result announcement: May 7

  • Program period: 12 May to 8 Aug 2025

    • You will be required to come into the office daily during this period

As you can see our emphasis is on COMMITTMENT not EXPERIENCE
Apply ONLY if you are SERIOUS about starting your finance career

Only 3 spots available

Frequently asked questions

  • This program is specifically designed for students with no prior finance experience. Your willingness to learn is more important than prior knowledge

  • There are 3 differences

    1. This is real experience, not just training: Unlike courses that focus on theory or simulations, you'll be producing work that's actually delivered to institutional investors with your name on it

    2. Offline & interaction with institutional players: Those courses run their programs based on recorded online content whereas in YR School you get to work directly with YR receiving his mentorship daily in person and interacting with institutional players like CLSA and global investors

    3. No technical skills in this program: This program is about writing real equity research report but on a thematic topic. We do not do any technical work. I am aware that those courses are mainly about teaching financial modelling and valuation

  • No you will not. We are writing a thematic report on AI’s impact on jobs. We won’t be doing stock analysis and developing financial models. Most of the work will be PowerPoint based and we may use excel to make necessary charts to visually present our arguments

    However YR is willing to provide guidance and answer questions on technical skills if you decide to study on your own outside of program hours

  • Yes. This is a full-time program requiring daily in-office attendance in Seoul during business hours (9am-6pm, Monday-Friday) from 12 May to 8 Aug

  • This payment structure was designed to help students lower the financial burden for participating in the program and make sure every dollar you invest yourself leads to results. This is why the success fee is ONLY paid if this program help you land more internships in the industry

  • Yes. We will conduct two global calls with institutional investors, and top-performing participants will have the opportunity to present portions of the research. At the minimum, you will

  • YR used to work as an equity analyst at CLSA in Seoul and Hong Kong. That relationship allowed him to secure a research project through their CLSA U program where they commission external experts to write research content for them. This is why we are able to produce a research report that will be distributed to CLSA’s institutional investors

  • At the minimum, you need to have business fluency level of English. We will be researching global use cases of AI and writing the report in English. Presentation with global investors will also be in English. All of the application procedure will be done in English. However in the office we are expecting to use both English and Korean

  • We will be locking in on the office location before the program start. It will most likely be located near Itaewon station (이태원역 - 8호선)

  • Finance and consulting internships experience go hand-in-hand during finance recruiting. Interns in these industries do similar work (i.e. research, translation, making presentations and reports) and are considered extremely transferrable. Having a consulting experience on your resume will be very attractive during finance recruiting

  • Yes you can. Equity Research Training Program is open to anyone who is interested in developing a finance career. Having said that, please keep in mind that there is a financial commitment required to enroll in the program. If you are okay with that, please go ahead

  • You are co-authors so we will invite you all of you to the calls regardless of its dates. We will be presenting this as a team

Don't Spend Another Semester Sending Resumes That Go Nowhere

Break the experience barrier and jumpstart your finance career with real, published credentials that employers respect

Applications close 30 April 2025 - Only 3 spots available