What specific job title are you talking about here? A risk management position? That's generally considered middle office at best (at bulge bracket banks) and back office somewhere like Wells. Definitely a significant step below front office i-banking of buy-side jobs both in salary and advancement opportunities. Again nothing wrong with the job, just given the choice between that and a front-office i-banking job I've never heard of someone going for risk management, especially at the associate level where most MBA grads enter. Again, maybe I'm confused on the position you're talking about though?
Is there any university that offers graduate degree that includes stock trading?
- Thread starter curiousv
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We seem to continue to speak different languages 
Or has terminology changed since I went independent?
Managing risk is/was generally referred to as managing a risk book as trader in a principal capacity as opposed to being a trader that acts in an agency capacity such as an execution trader.
Or has terminology changed since I went independent?
Managing risk is/was generally referred to as managing a risk book as trader in a principal capacity as opposed to being a trader that acts in an agency capacity such as an execution trader.
Maybe just different types of entities? You're not going to get that kind of position as a new MBA grad at the associate level at, say GS or on the buy side unless you're returning to the fund where you worked prior to the MBA maybe? I guess maybe at a family office, although again probably only if you'd worked there before? Could be wrong though.We seem to continue to speak different languages
Or has terminology changed since I went independent?
Managing risk is/was generally referred to as managing a risk book as trader in a principal capacity as opposed to being a trader that acts in an agency capacity such as an execution trader.
There are lots of good books that can be borrowed free of charge from the library. Forums such as elitetraders are also good educational resources. You don't have to get into student debt to get an education in stocks trading.
Yeah, especially lib genesis. My favourite library. And sci-hub.
A good rule of thumb for a quant-oriented trader is to always know which sci-hub link is working on a given day.
I was not saying a new grad would be placed in such position straight away. But it is the expected trajectory of a new grad with an MBA degree who started out at a sell side trading desk or started on the trading side at a hedge fund. But back to my main point, I still don't see a whole lot different jobs in any industry or areas within finance that have a higher salary potential than growing into the role of running a proprietary risk book on the trading side. I guess there is a reason that MBAs still line up at banks and hedge funds with application to acceptance ratios in the high hundreds to even thousands. Those ratio levels even the Amazons or Googles or private equity funds envy.
You can also often get access to articles through an alumni membership to your university. I'm able to get Ebsco, AMI/Inform, and OneSource, among others, which gets you almost any article or paper.
We're saying the same thing then, I agree.
Papers you can almost always get ahold of, if nothing else emailing the author will usually get you the paper and potentially some interesting side comments as well. Articles are a little harder, especially the ones in obscure journals like IEEE Transactions on Advanced Packaging or something. Surprising number of those out there, which inevitably have exactly 1 article I'm interested in out of everything they've ever published.