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All those jobs you listed are WAY more interesting than prop trading. I saw the job listing last year for google's currency trader position. Basically they wanted someone to make G10 currency trades and hedging for their large cash reserves. Intel is also cash rich, so it makes sense...

It's hard to get, but the top investment management firms (pimco, wellington, fidelity, templeton, t rowe price, state street, putnam, capital group, etc.) all recruit at top business schools. Getting an interview isn't that hard, but you definitely have to nail the interviews to get an offer...

Ok, fair enough. Miscommunication there. For what it's worth, I'm a trader at my firm, doing market making and arb on a variety of spot and futures products. Why do you think an MBA does not make sense for equity options or hft fx traders? The profit margins have diminished...

No offense but the more I read, the more it dawns on me that you don't know what you're talking about. Are you even in trading? If you knew anything about what's going on in the trading and regulatory landscape right now, you would know that the days of seven-figure bonuses in prop or...

A quant at a HFT shop, due to his strong technical skills, will have exit opps in tech/big data analytics. Aside from those types, I strongly disagree. What exit opps will an exotic derivatives trader have since he has an expertise in such a specific product/strategy? He could go to say a...

You claim that you went to the country's "best b-school." I assume that you went to either HBS or Stanford? Yes, the top guys at getco/jump/drw are smarter than MBA students in terms of raw brainpower. No doubt. But let me ask you this. Do you personally know any of these people? I do...

Absolutely. I have a lot of friends who did top MBA and then went to work at top consulting firms (mckinsey/bcg/bain) and they are doing interesting work, making great money, and have their pick of top jobs since unlike traders they actually have useful transferable business skillsets.

Even if we were strictly speaking about money, the opportunity for big bucks in prop trading has largely vanished.

AMEN. The hubris of traders is pretty incredible. The usual reaction of "why would you EVER want to go from trading to b-schools!" totally misses the point. It's not just the money; it's about finding a career that is a better fit for me and which I will find fulfilling. Trading doesn't do...

Yes, Booth does offer a part-time MBA, but part-time is not good for career transitions. They are designed for those who are being sponsored and wish to move up within their company. I'm looking for a clean break from prop trading and into investment management.

The MBA on the whole is indeed oversaturated. The top schools however (top 10, maybe top 15) are still worth it though. For MBA, the long-term value drops sharply as you go down the rankings.

No, I'm not a troll. I appreciate your input though; it's always great to hear multiple viewpoints.

You raise some very valid points, so I will address them. First, although it's theoretically possible for a superstar trader at a top prop shop to make seven-figures, those days of huge bonuses are pretty much gone. I mean I have friends who worked at these shops and made a killing during...

Well, there is certainly no substitute for actual work experience, but there's 2 factors driving my thought process. First, at a finance heavy school such as wharton or booth, I will be able to take some fascinating finance courses from great profs and be surrounded by classmates who are both...

Not at all. They look for totally different skillsets. Top prop shops want smart hard working people; while mba adcom certainly wants those qualities, it's less about raw brainpower and much more about being "interesting" and "different." Top MBA admissions is very much a politically-correct...

That is somewhat interesting, but being an execution trader does not translate into actual research skills. Although the CFA is a good thing to have knowledge wise, it's oversaturated, and not very useful for making transitions. In terms of my GMAT, grades, and extracurricular leadership...

As I said in an earlier post, I don't want to be a quant.

Evo, thanks for your input. Do you personally know prop traders from top firms who managed to get in? I know only 1, and I know a ton of traders. Due to the very nature of the job, it's very tough to demonstrate teamwork and leadership, at least to the extent that say consultants are able...

I'm currently at a top chicago prop shop (drw, jump, sig, wolverine, optiver, sig). Is it possible to go from that to a top MBA program? (wharton/booth/mit/columbia). I know MBA admissions officers don't like traders for multiple reasons, and i know of very few traders who managed to make such...

CBOE study guides are definitely not sufficient. I think a lot of people failed the series 56 on their first attempt because they only relied on the CBOE guide. You want to use both that and passperfect and do all the full-length practice tests on passperfect.