Trading now taught in many Universities

turkeyneck · Mar 22, 2011

Quote from Maverick74:

I believe Tulane has one of the best. I think Paul Tudor Jones funded that one if my memory serves me correct.

PTJ didn't go to one. So trading really can't be taught. It has to be learned through experience.

wrbtrader · Mar 22, 2011

Quote from turkeyneck:

...It has to be learned through experience.

Some universities are doing just that...allowing students to get trading experience with the classes along with developing a network of contacts.

Will be interesting if there's a University out there that's preparing the foundation to offer a degree in trading to help those land jobs at institutions or to be better qualified for internships at firms.

Mark

Maverick74 · Mar 22, 2011

Quote from turkeyneck:

PTJ didn't go to one. So trading really can't be taught. It has to be learned through experience.

Two things here.

One, PTJ did attend Tulane.

Two, going to college is not about "learning" something. It's about discovering what you want to do with your life by exposing you to different things. By exposing students to trading in a university setting, they can decide if it's something they have an interest in and want to pursue. Versus turning down that 75k a year job out of school to work at a prop shop because they "might" be interested in trading.

twoshepards · Mar 22, 2011

Tulane has an excellent energy trading competition where students from multiple schools compete trading energy futures with their portfolio management skills evaluated by leading energy firms.

http://www.freeman.tulane.edu/trading/

Crispy · Mar 22, 2011

mmmmm.....tasty....

Kassz007 · Mar 22, 2011

Quote from Daal:

The failure rate of businesses I believe is upwards to 80% in 5 years(or something like that). Yet business degress and MBAs are taught everywhere. A trading course might get a talented trader a faster path towards contacts, capital, technical skills(like how to work a Bloomberg terminal), etc

My thoughts as well. Obviously they can't teach the holy grail, but there are many aspects of trading they can teach, which would normally take an aspiring trader much longer to figure out on his own.

Daal · Mar 22, 2011

Quote from Kassz007:

My thoughts as well. Obviously they can't teach the holy grail, but there are many aspects of trading they can teach, which would normally take an aspiring trader much longer to figure out on his own.

They would do a tremendous public service if they actually discouraged a certain people from pursuing this career while encouraging others

Gabfly1 · Mar 22, 2011

Quote from Daal:

They would do a tremendous public service if they actually discouraged a certain people from pursuing this career while encouraging others

But then who would be there to take the other side of the trade? It's not just a game of musical chairs. For the relatively small percentage of people who thrive in the markets, there must be a steady stream of those who come and go, risk and lose. That's why people like Jack provide such an invaluable service to the trading community, by always being on the lookout to lure unsuspecting potential donors into the markets. It's the circle of life.

stock777 · Mar 22, 2011

now traders can be proud.

kentraderstar · Mar 23, 2011

Quote from Pekelo:

http://www.thecrosshairstrader.com/2010/09/earning-your-stock-trading-degree-at-idiot-university/

The above link is a joke, of course. Here is a student organization that is probably the most relevant:

http://ucistat.com/

or

http://talk.collegeconfidential.com...032132-students-interested-stock-trading.html

I highly doubt there is anything official that comes close to their material...

you are a joke! teaching traders on how to trade while you can't even trade! Pekeloser