Will working at a private financial advisory firm benefit me at all?
(Monkey, 43
Points)
on 12/30/11 at 2:53pm
Im on my last year of college at a non target. My major is biology but minority in business. I have very limited finance experience but have the option of working at a financial advising firm ( it's private). Would this help me at all on my resume to eventually getting into investment banking? My long term goal is hedge funds and I do a lot of trading on my own. I can also just graduate and get a masters in finance. I would really appreciate any advice you guys have. Thanks a lot.






1.) To write well for
1.) To write well for business, you need to practice writing well. And try to do it ALL THE TIME. (in my last year, major is biology but getting a minor in business)
2.) Yes, it will help on your resume, but honestly, with this kind of market, why do you want to do banking? If you get deep enough into private wealth management, you will be laughing at the bankers.
In twenty years, "banking" will be back to 3-6-3-3. Borrow at 3, lend at 6, hit the golf course at 3, make three times the median income in the country.
Work hard, play hard.
to above - 3-6-3-3 that
to above - 3-6-3-3 that sounds like absolute bollocks
Say that again in 30 years.
Say that again in 30 years. 40 years ago, that was the general rule, following a 1920s market that looked much like the last 10 years.
Work hard, play hard.