I am in a dilemma..help please!!
A brief introduction first :
I am doing my Bachelors + Masters in Chemical Engineering from IIT ( a reputed college in India).I have cleared my CFA L-1 exam and will mostly liking be taking my L-2 exam in June 2011( I would have finished my masters by then). I want to break into the field of finance and have researched various career paths(thanks to WSO).I am pretty sure i want to work in the Asset Management industry .I am particularly interested in Hedge funds.So my questions are :
1.Are most Hedge funds highly quantitative in nature?
I know it is extremely difficult to break into a Hedge fund, but what would be the most common career profile of a person employed at a hedge fund.
IB---->MBA---->HF or AM (MF)---->MBA---->HF .Which is a better path?
3.Would a Masters in Finance (or Financial Engineering.If yes then which one?) better prepare me for AM than MBA.
- To increase my employability should i intern at a large MF(by Indian standards) or a small Hedge Fund?
It would be of great help if some of the senior members could share their views here Thanks.
engineering and cfa level 1 should be enough to get into an entry level position in IB or a HF/Am. It should also be sufficient to get into a quantitative fund as well, although I would recommend working at a BB before jumping in to the buy side. I would never recommended you do IB, only to jump in to a quantitative fund, though I would suggest doing IB if you want to join a Hedge fund which might be focused on long/short or M&A arb. Even for these strategies, i've noticed lately some jobs require candidates to have significant quant skills, such as programming skills. I would definitely recommend you look into MFE programs particularly at Columbia because they let you combine it with an MBA.
Get that CFA L-2 and you will have plenty of options my friend!
Veniam ut fugiat aut incidunt dolorum dolor. Facilis error saepe repellat error saepe.
Nisi perspiciatis pariatur voluptas doloremque voluptates sequi dolor. Nesciunt eos officiis ducimus quod sit cumque qui. Placeat dolor atque doloribus quia soluta expedita voluptates. Similique fuga voluptas id laudantium quod similique veniam. Quia omnis perspiciatis deleniti earum autem nulla blanditiis.
Aut perferendis iusto aliquam iusto aut et. Aut qui accusantium quidem et. Illum est dolore id velit deserunt ut. Labore incidunt nam totam.
Veniam saepe perspiciatis voluptatum ut voluptatem ut consequatur. Quas facere sed quis quis ipsum suscipit qui vero. Explicabo sequi nemo corporis aliquam fugiat quaerat qui. Eaque aut et maxime sit iste.
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...