Best path for investment research at bulge bracket banks?

I'm especially interested in global macro research teams at these banks that focus on currencies, rates, emerging markets. Is an econ masters or Phd required for these roles, or can one get in with an MBA from a strong finance program?

 

I recommend that you post your resume in the Resume Forum. You can remove the company names and school but the descriptions are important, especially whether they relate to investment research.

Also, regarding prop trading, it depends where you traded and what strategy was applied. If you churned your account doing discretionary trading trying to capture 10 cent moves at SMB capital then it is different than trading at a quantitative firm such as Jane Street..

 

There's just no recruiting at all out of any mfin/mfe programs and when I was considering MBA vs. Mfin/MFE the powers that be basically told me not to bother with the latter. I have no feelings either way, but there seems to be very little credibility for the degree here.

 
Best Response

NYC is tough. You'd think the city would have a ton of programs, but they don't.

I'd suggest you check out Baruch. I have a draft blog post ready on my site regarding their brand new program. It is in the approval process, but should be ready for fall of this year. Looks like a really good offering.

Outside of that you could check out Rochester. The have a NYC MSF and MiM. The MSF is really for people with some work experience, but the MiM would work if you were more junior.

Pace has a program, as does Houston. They aren't really programs that the schools focus on so you'll be on your own.

These are really what you have when looking for MSF's in NYC. There are other programs outside of NYC that place there, but in the city you are limited.

 

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