Career Advice - Work out the gate then MFE or MFE first?
I'm in my fifth year at a University in Ottawa (Canada (brb kms)) in Finance and definitely didn't apply myself to the extent I know I should've as the coursework was utter garbage and I felt more like I was an advanced English Major than a Finance major where I had been hoping for higher level maths so I had no motivation to study or pay attention and was busy day trading options for myself lmao which I do semi-decently at and learning VBA and Python.
I've done 3 internships one of which was semi-finance related where I was doing Underwriting for a firm on Bay Street. The other two was a trash government coop and a crown corporation coop. I also did an exchange in Europe.
Sitting on a 7.2 which is equivalent to a 76/78% average out of 100% give or take so a 3.3
If I go balls to the wall in my upcoming final term I can pull off an 8.0 final so a 3.7 but at minimum I know I can definitely get to the 3.5.
Applied to numerous S&T and IB Internships over the years and never got anywhere as I wasn't chosen for the school's student run investment fund because my exchange got in the way and the year I applied they were going ham on gender equalization and took in tonnes of girls at the expense of better qualified guys. Still my fault though and I take ownership.
The IB dream never appealed to me but since first year I've really wanted to get into S&T but now I'm aiming for something quantitative or mathematical since that's the direction the fields going.
Is it better to pick up some bullshit generic tech job or advisory/consulting job or internal job with some Fortune 500 and work for a few years and then go get a Masters in Financial Engineering / Financial Mathematics and end up working as a quant or should I go direct to the MFE?
Been debating this for 2 months now internally and can't conclude what the better EV play is.
Time for some second opinions
Thanks
FIrst, maybe have a look at Xinfeng Zhou's quant interview book and see if you can handle it.
Could I handle it if I took the interview this month? 100% not
Could I handle it 1.5-2 years from now after studying this niche more in depth and undergoing a math & programming intensive Masters compared to a Liberal Arts-esque Finance Undergrad? Most definitely
bare in mind you're going to have interviews on the 1st semester of your master program
That's a good point, in the process of getting into MSc's and MFRM's at the moment and I've been digging deep into the book to break into S&T or a more quantitative role
Thanks
I am currently in UO and having the same problem as you had. I wonder if I can networking with you to talk more! how’s going on!
incoming mfe student here. I would go straight for mfe but you might have some trouble getting into a good program because of the lack of math courses. At the minimum you need up to calc III, linear algebra, calculus-based probability, and some programming courses.
imo, it's only worth doing the top programs because they place you in quant trading or developer roles at a bank or hedge fund. Otherwise many lower tier programs place you in "back-office" quant roles like risk, model validation, etc. Nothing wrong with those fields but depends what you're looking for.
I would try to do some sort of trading project that uses quantitative techniques, kill the GRE if you're applying to US schools, and shoot your shot.
Ut maxime qui esse dolorum asperiores recusandae est. Omnis minima ut ab rem. Est est ut et at. Rerum suscipit illo deserunt mollitia. Repellendus quo voluptate eos sunt eos rerum quia.
Et odio omnis qui deleniti aliquid velit. Est illo veritatis sint mollitia quisquam pariatur quasi.
Ea quae et facilis vero. Inventore numquam necessitatibus est eos. Quia possimus vel dignissimos omnis provident.
Nobis necessitatibus quo labore voluptatem est qui enim molestias. Unde sequi labore amet quo. Autem quos possimus eum rerum expedita. Nesciunt alias incidunt aut aut. Consequatur libero dolores et ut consequatur veritatis cupiditate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...