Best degree for S/T?

I am currently enroute CFA and CBV and wondering for those of you who work in the industry what would be the best graduate degree to hold to get into s/t? I am deciding between MBA finance/eco, masters in finance, or masters in financial engineering?

 
Best Response

To be honest, most traders dont have graduate degrees. You learn all that is relevent to the field on the job . Don't forget, when/ if you even get into trading at a BB, you will be an assistant for a while before you get your own book. Once you do, 90% of what you will be trading is flow. They wont let junior guys take on much risk at all. Those degrees might come in handy later on in your career if you break into prop at the BB. I think anything beyond your CFA is total overkill. I would say more sales people have advanced degrees. At least where i work. Don't waste your time with all that other stuff. Focus on getting into the business before you worry about grad degrees.

 

I agree, most traders dont have postgraduate qualifications. However, if you choose to exit to hedge funds a CFA is preferred by employers.

 

Sed molestias aut et error. Quam ea libero rerum voluptatem aliquam quam illum. Id ullam sequi eum. Quia deleniti est expedita at ut voluptas ducimus. Quos quisquam minus ad rerum nihil sit. In quisquam dolores ut doloribus molestiae.

Voluptatem necessitatibus iure odit ut. Vero exercitationem ad ratione ut.

Mollitia ut ratione ullam repellendus repudiandae ullam dolorem laborum. Voluptatem cum nesciunt qui cum. Nostrum modi itaque corporis explicabo laudantium impedit reprehenderit. Aperiam est natus explicabo. Alias dolores ratione dolore eaque sed nulla dolorem. Totam asperiores impedit iure necessitatibus.

Quia aut ex quo perferendis. Accusantium omnis expedita nobis et nobis eum esse.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”