I need guidance please.

Hi guys,

I am new to this forum and I will be new to wall street as well. I have a passion for finance and I am looking to break in to the Asset Management Industry (Buy-side). Although I have cleared CFA Level 2 exam, I do not have work experience in this industry. I got admission in two programs and I am contemplating which one should I go with. both are from the same university i.e. Stevens Institute of Technology. One is MS in Finance and the other one in MS in Financial Engineering. Which one according to you guys will be useful if my goal is to become a portfolio manager in the future. Also, if you could share some insights about the university that I have applied to. I keep seeing articles stating that almost every opportunity is swept by the ivy league students and we do not have much opportunities out there.

What do you guys suggest? looking at my profile, where do you think I should start and what pay should I expect for a starting position. I heard the earnings potential in this industry is amazing so I wanted to know what to expect. 

3 Comments
 
Most Helpful

Although the IVY league may represent a heavy concentration in banking and AM, there is plenty of opportunity those from many other colleges. I wouldn't worry about that at all. It may take you a bit more networking to get a feel for the industry but you'll be fine. I would contact your career services office ASAP and see what programming they have, events you can attend (at least virtually). They may have a database of alumni in the industry you seek. If not, you can find a lot of info from Linkedin. Start reaching out to folks for informational interviews. The first few will be awkward but you'll get a hang of it after a while. My advice for those conversations is to be a really good listener. You really want to learn about an industry, getting started, perhaps recommended courses, skills needed, etc. That requires listening. Be interested AND interesting.

Best of luck!

 

Thanks! How much can one expect to earn as an analyst (Equities, Credit or Investments) if he/she is to start their career after masters degree from a non target. A lot of websites give different figures so I don't really know what to expect. 

 

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