Pure Econs or Stats + Econs + Finance

Hi WSOers,

I hope to be a trader / work in the field of Asset Management.

I was just wondering which will be better course at UCL for me to increase my shot as working as trader / work in the field of asset management in the future?

  1. Econs
  2. Econs with a Year Abroad (spend 3rd year at overseas unis like Chicago, Penn, Columbia + others)
  3. Stats, Econs, Finance
    (can't post the links to the course descriptions as I'm new to WSO)

I personally think that #3 (Stats, Econs, Finance) would be a good combination, but the course curriculum for it seems to be heavily (~75%) geared to Stats and only ~25% to Econs + Finance. As much as Stats is useful, wouldn't 75% be too much of a heavy weightage?

 
Best Response

I personally like the 2nd option, because overseas experience is good even outside of paper. cost can be steep though, and keep an eye on internship stuff and curriculum preps.

econ-wise, it's generally micro/quantitative econ or macro/policy econ. you may have 75% of econ but you could tailor your econ to capture more statistics. For example, econometrics (prerequisite for PhD in HBS and peers) is essentially loaded statistical applications in business economics, so you may have more room than you thought.

My limited feel for finance suggests that you probably only need 3 type of finance topics - asset pricing, corporate finance, and optionally, risk management (e.g. portfolio theories, market risk, etc). there're endless number of equations, and you can always collect 3 levels of CFA books if you need anything for a moment

 

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