Trader to MBA
I am a 26 year old energy trader who has an UG in finance and an MFE from a top program. I've been trading for 2 years in physical energy at a top merchant trading firm such as glencore, trafigura, tenaska trading physical commodities (natural gas, oil etc. I don't want to mention specifics because the industry is small and I want to stay anonymous) I am considering going to get an MBA so I can more easily find financing to start my own merchant trading company. I was wondering if there are other traders (physical or financial) who have gone and gotten and MBA and what they think about its marginal value.
I am not an unsuccessful trader so the whole "only a bad trader goes and gets and MBA" isn't relevant. I am simply ambitious and want to own a merchant trading firm one day.
Also what programs have the best rates of acceptance of traders. I've read top programs look poorly in traders and feel the positions doesn't offer much of the skill set they desire. However, I disagree as physical trading is equal parts trading and deal making.
Thanks
Yes, You get MBA Then after stat trading.
wtf is getting an MBA going to teach you? save your shekels
I have always viewed formal education as a great way for High School leavers to experience the real world whilst still being grounded by the demands that such study requires. I believe that an undergraduate degree is still one of the most valuable things a school leaver can do with his / her time, providing the course is directly related to the career in which the student wants to spend his / her life working in.
Studies at post-graduate level, like an MBA, vary considerably in cost and what the course actually entails. In Australia, undergraduate degrees are funded through a Government loan program (Fee-Help) where as postgraduate study is not. As Australia does not therefore have "student loans" available from banking institutions, most post-graduate degrees are paid for by an employer as part of a leadership / management program.
Let's take a look at your particular situation: - 26 Years Old - Tertiary Qualified in Finance - 2 Years experience in a top merchant trading firm.
I think it would be a serious mistake to give up your work and return to study, which will cost you a considerable amount of money that you may not ever see back. Many people have completed MBA programs and describe their experience as life-changing - but I don't think this would apply in your particular situation. Your future career goals are clear in your mind.
Instead of putting in the time, energy and cost to complete an MBA program. Why not spend that time building up a network of like-minded individuals. Keep doing what you are doing - the two year itch is normal but if you push on through it begins to look excellent on your resume.
Nice information.
It is indeed a very small industry, sir. ...
Suscipit et praesentium commodi enim. Delectus ipsa nesciunt quis amet voluptas explicabo occaecati quod. Eaque ea omnis autem est qui delectus. Adipisci nesciunt nostrum autem odio ut corporis voluptas.
Nesciunt et architecto accusamus quibusdam dignissimos aut et. Voluptatem explicabo quo quis molestiae dicta tempore consequatur. Et aspernatur vel nisi est. Omnis explicabo ex consequatur. Recusandae libero sequi praesentium sunt.
Sit ad ut voluptate vero debitis ut inventore. Neque voluptatibus ut odio cupiditate vel. Eos atque architecto cum omnis libero modi ut. Quo omnis amet et quis et explicabo doloremque eum. Neque commodi ab ipsam non aperiam maxime. Illum sed dolor eveniet et soluta et iste.
Voluptatum voluptatem beatae enim adipisci ut voluptatem. Dolores sit non ipsum id. Qui enim ea est inventore odio ut. Impedit ducimus eos blanditiis vel voluptatem velit. Dicta est et est maiores. Libero sint atque totam dolorem doloribus inventore. Animi sed et dicta.
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...