Interesting Dilemma want some advice

I have an offer to join a BB's energy prop trading shop, but I would rather do trading in a more liquid product ( fixed income or something, or do something where I'm not pigeonholed and if I want to can exit to hedge funds eaisly).

I'm an engineer from a target school and I'm thinking of turning down the offer and getting a master's instead. Is it likely for me to get an SA position between senior year and master's program, or will I just get a weird stare and then be dinged.

The Master's would be at a target but in engineering.

9 Comments
 

You need 1-2 years work experience for master's in finance at a good institution, unless you're getting one of those weird ones in mgmt. science from Stanford

 

You should find out if there is sector transferability. And then hope that they aren't bsin you.

If you ain't buy side what are you doing on Wall St.? Gimme something good sport...
 
Best Response

If I understand correctly, this is your brilliant plan to become "rich hedge fund dude":

1) Turn down opportunity to trade at a BB 2) Immediately go back to school getting zero experience in any kind of trading 3) Spend 2 years or so studying about engineering (at a "target"!) 4) Completely drop the engineering world 5) Arrive in gleaming three piece wso/">suit to the reception desk of Citadel, where you will be whisked away to your plush seat on the trading floor and given your choice of non-pigeon-holing products to trade at your leisure.

My assessment: If you turn down the job to trade energy at the BB you are a straight up idiot.

 

...yes if u want to be a trader take a job as a trader. Nothing is garaunteed in a couple of years and a bird in the hand is worth about six in the bush in this case. Go back to college and I'll bet even money you never make it back into the industry as i know the type of person who always feels like they are "one step away" from their perfect job and they never end up anywhere. Just get in their and start getting experience.

 

What the hell is the original poster talking about? There is pretty deep liquidity on the major energy futures. Sounds to me like this is someone who wants to be a "trader" without really knowing why.

So, my question is: Do you really want to be a trader or is it a means to a different end?

 

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