Does anyone know whether this is a good career to have, I mean as a gas scheduler. I don't know too much about it but I have an interview. What are the exit opps?
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not positive, but i'd think general career path would be similar to that of the electricity business. if you do well as a scheduler, you can bump up to trading, and if you do well at that, you can bump up to trading different terms/products/options. exit opps would include the aforementioned trading roles, as well as commodity/risk management for a corporation (assuming you can spin the relevance of the knowledge gained from working in natty), or a ton of other commodity linked roles.
..and is it different working for a public utilities company than a bank in terms of scheduling?
if you want to trade nat gas it is a great first job. lot of gas traders spend a little time gas schl first. the hours are pretty money and if in houston you will have a lot of social outings.
Thanks for the info. Anyone know if the interviews are technical at all and what to expect?
most likely the interview won't be technical. unless you have experience (which it doesn't sound like), there's really NO WAY for you to know much about gas scheduling (as far as actually doing it). That said, you can definitely have a point of view for what you think about spot gas and the forward curve, underlying fundamentals, commodities in general, etc. Make sure to express your eagerness and willingness to learn, because the faster you get up to speed, the greater asset you will be.
As far as utility vs. bank - in my experience, utilities view the trading role as more of a risk management function instead of pure profit. Less risk and reward. That said, once you develop the skill set, you'll be pretty valuable as the number of people who know much about the power business is pretty small.
oh, and the lifestyle rocks. i get one out of every five weeks off, and if I feel like burning some vacation, can have two off. Little bit different than M&A...
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