Anybody have a career related to markets, but no necessarily trading?

Quote from Ash1972:

But we've already agreed it's the NAME that matters. There are a thousand MBA courses that will teach you useful business skills, but when it comes to getting a prized job, it's coming from the top 5 schools (worldwide?) that matters. Hence we have an extremely narrow range of people making the key decisions in society. In fact
having a top tier MBA is necessary to show you belong to this club.

Nobody spending $150K on a Harvard MBA is doing it because the accounting or equity analysis courses are superior. It's to show they made it into the club.
More...

That's true. The content in a HBS program isn't any different from a Univ. of Kansas program. That name is worth pursuing.

If you can't get that name then the risk/rewards change drastically but they aren't strictly against doing it.

Its not quite top 5 worldwide, but it is very selective (maybe top 20?). Personally I think that getting into a top mba is a more fair process than getting into an Ivy as an undergrad. People who couldn't go to Ivy's (because of money for example) can get nice scholarships and loans to get into a top MBA if they did well in their undergrad and proved successful in their careers. And any loans you get from bschool can quickly be paid off with your salary which can easily be 150 in your first year. Many companies used to pay 1/2 your tuition as a signing bonus.
 
Quote from newwurldmn:

I still think a good job in Finance is research analyst: it has a good risk/reward and isn't too strenious and has a lot of longevity.

The second best job is risk manager. You get to work on interesting projects and have the ultimate career stability
More...

If I'm not mistaken they are risk management certification as well? How can I venture more into this?

I've been trying to get some exposure to interest rate risk at work.

Thanks
 
Quote from Ash1972:

I honestly think you're in the wrong part of the economic cycle to count on an MBA qualification getting you into a good job.

Have you considered IT/programming within banking? It's an oft overlooked career path. If you can master a programming language (C# is the one I would recommend) and get to know a couple of business areas/product lines really well you could have a seriously rewarding career working directly with end users such as traders and risk managers. The beauty is you end up with expertise in two areas: the technology and the business domain.
More...

I'm a ICS fall out. lol.
 
I really appreciate the genuine help here, as I want you folks to know I appreciate it. I know this is just an online thing and all, but talking it out and getting diff't feedback does help.

I've thought long and hard and here is what I'm planning on doing from 2012 and into 2013.

I plan on being a part time student for an MBA program, maybe 1-2 courses, along w/ studying for the CFA LEVEL 1 in 2013.

I've just ordered the CFA basic note to give myself a feel.

If I feel that the MBA course is too overwhelming, I'll shift out of it and focus on the CFA for June 2013.

I think this way, I can get the best of 3 worlds.

-Maintain Work Studies
-Dabble w/ CFA
-Dabble w/ MBA

Financial aid will only cover me if I take 2 courses, but I think that might actually be too overwhelming. I am not going to take a loan, or go that route.

My main priority is obviously maintaining my work and CFA.

What do you folks think?

Thanks.
 
Quote from Froglet:


-Maintain Work Studies
-Dabble w/ CFA
-Dabble w/ MBA
More...

try one at a time. your choice. but you will NOT pass all three levels of the cfa while dabbling in it - esp while doing two other things.

source: guy passed all three cfa levels the first time.
 
Quote from FrankSlaughtery:

try one at a time. your choice. but you will NOT pass all three levels of the cfa while dabbling in it - esp while doing two other things.

source: guy passed all three cfa levels the first time.
More...

Yeah, my thinking was if I find success w/ the CFA, I will shift my focus to it.

I just got my KAPLAN study booklet and I feel like I should focus on the CFA. I have 5 study books and I feel like that is more than sufficient for me in terms of workload. My heart is leaning with the CFA.

The MBA program is costly as well, even w/ FAFSA, but my heart is to achieve the CFA. I've talked to senior management and they told me the CFA is more comprehensive.
 
Hi everyone, I am from India, I have 15 years experience of Indian Equity, Actually I want to become a registered Equity trader of anyone of these exchange like Singapore, Hong Kong, NYSE, NASDAQ, Canada. what i have to clear as an exam? And how can I enroll and participate for exam? Please provide me details for the same... After that clear the exam is there any chance to get a job over there as a equity trader? What should I have to do to get a job in any of these exchanges?

I know something about FINRA but they want a sponsorship from Broker so it's difficult for me... any one suggest for any other option or any other exchange can provide me eligibility for the exam...

Please advice me what i have to do for the same?

Thanks
 
Study the material. Don't flunk the ethics part (they weigh it very heavily).

Quote from Froglet:

Got the CFA study sets. Could use some guidance. BOY am I LAZY!
More...
 
Quote from Froglet:

Got the CFA study sets. Could use some guidance. BOY am I LAZY!
More...

i hope you're kidding re being lazy. if you're not 110% committed to the test you will fail - period the end.

Read thru the study sets multiple times then take the practice tests then repeat til your eyes bleed then repeat...

Source: guy who passed levels 1-3 the first time by passing the tests the old fashioned way - studying his ass off
 
You must log in or register to reply here.
Back
Top