Cass Masters of Energy Trade& Finance

Having just finished up an internship with a mid market bank, I'm starting to look at opportunities for a masters of finance. I'm looking at quite a few UK universities, such as Edinburgh, Manchester, Bath, and Nottingham. ( inb4 someone writes " WHY NOT OXBRIDGE OR LSE?")

Having finally had the chance of experiencing what M&A is like, I feel i'm more suited towards an S&T environment. I've recently started looking into the idea of physical commodity and energy trading as a back up plan if I can't land equities/ fixed income. Cass has an energy trade and finance course, and its relatively new. I was wondering if any of you had any insight on it, and what type of other careers people go into if they don't make it into trading? How good is the career placement in comparison to Tulane's energy program here in the states? It's a bit too soon for an MBA, otherwise i would already have applied to the University of Texas/Rice. I know Cass has great Msc programs, and places well in the City.

On a side note, how competitive is the Oil industry/ physical commodities in comparison to banking? I know the Salaries are competitive, but don't know too much about the bonuses at most firms. I know Glencore, Vitol, and Trifigura handed out huge ones last year. It seems like most people are focused on banking, and I know far less people who know what Cargill is in comparison to Goldman. Thoughts?

 

@rj1443: Personally, I wouldn't go to a 100% energy focused program. You're still a tad young. You don't know fully yet what you want to do even if you think you do today. What if you go and "discover" that you prefer something else down the line but can't get out of energy. Also, what if you go and don't get a job at all because energy doesn't want you and then you can't re-brand your resume to something else?

 
Best Response
TraderDaily:

@rj1443: Personally, I wouldn't go to a 100% energy focused program. You're still a tad young. You don't know fully yet what you want to do even if you think you do today. What if you go and "discover" that you prefer something else down the line but can't get out of energy. Also, what if you go and don't get a job at all because energy doesn't want you and then you can't re-brand your resume to something else?

There are so many routes in energy finance ....from sales and trading to corporate dev. There are also roles like investment banking energy division, grain trading at places like cargill, bunker trading, and shipping trading. I could also do an mba after a few years if i need to transition. Im networking hard now to get an analyst role, but need to secure a back up plan.

 

@rj1443: I would network directly. I wouldn't go full-time to a program. Put that energy into reaching out to people who you can meet and help you get into the field, i.e. college alumni at high levels in energy. People in trade associations at high levels etc. Hit them up on LinkedIn and go from there.

 

I went to a nontarget too. I am in fixed income sales. You should hit up local finance organizations that are open to anyone in your city. Google them. Also, a professor can help you find local groups like this and get you on the list.

 
TraderDaily:

I went to a nontarget too. I am in fixed income sales. You should hit up local finance organizations that are open to anyone in your city. Google them. Also, a professor can help you find local groups like this and get you on the list.

Know any trader groups in miami/ Florida ? There are a few m&a groups but no larger organizations besides maybe Citi....and its only for Spanish speakers lol. I have a call lined up with pjc In march for fixed income
 

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