Clueless after college!!!

First Post. I'm graduating soon from a UC with a projected GPA of 3.4. My major is Global Economic, in which its basically an Economics that forces students to have an area of focus (like China, Middle East, etc.) and study abroad. I'm going to start my FIRST internship as a sales intern at a radio station.

I reallllllyyyyy want to be trader one day, but I recently stumbled upon an "Assistant Trader", which seems suitable. What are the typical qualifications for becoming one or say, get hired by industry standards? What other entry-level jobs can I take that would eventually take me to becoming a man on wall street.

Help!!! Thanks!

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Comments (8)

Sep 9, 2012 - 11:00am

"I really want to be a trader one day"--honestly man, you need to do more research before you post something like this. There are a huge amount of differences among various types of trading roles, and saying that "you want to be a trader" is completely uninformed and far too vague. Look through the FAQ's on here, utilize the search function, and then we will be able to help you out more from there.

Sep 9, 2012 - 11:42am
leveRAGE.:
"I really want to be a trader one day"--honestly man, you need to do more research before you post something like this. There are a huge amount of differences among various types of trading roles, and saying that "you want to be a trader" is completely uninformed and far too vague. Look through the FAQ's on here, utilize the search function, and then we will be able to help you out more from there.

While the op does indeed seem clueless, I'm not sure this is where they went wrong.
Many analyst programs give generalist offers.
Coming right out and telling them you want to do fx structuring might decrease your chances as there is no guarantee that you will be placed there.

Sep 9, 2012 - 12:15pm

I was saying even more generally---he needs to figure out what kind of "trader" he wants to be, whether its flow trader at a BB, working in a reputable prop shop, working in one of those arcade shops, getting into more day trading/tech analysis type stuff etc. his end goal is "becoming a man on wall street", which is ridiculous in and of itself, but various trading roles have different entry hurdles even before he decides on what product he is interested in.

Sep 9, 2012 - 12:20pm
leveRAGE.:
I was saying even more generally---he needs to figure out what kind of "trader" he wants to be, whether its flow trader at a BB, working in a reputable prop shop, working in one of those arcade shops, getting into more day trading/tech analysis type stuff etc. his end goal is "becoming a man on wall street", which is ridiculous in and of itself, but various trading roles have different entry hurdles even before he decides on what product he is interested in.

haha, I just realized I sort of assumed he wanted to be a flow trader. His post just reeks of it.

Sep 9, 2012 - 4:49pm

Thanks guys! I will look into the FAQs. After posting this last night, I looked through the forums and more and more I realized I was really clueless on what exactly I wanted to do. I'll be sure to be more specific and actually think about it before I embarrass myself.

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Sep 9, 2012 - 5:42pm
axtg:
But what sort of jobs could I get hired based on my gpa, experience and school?

Gpa, experience and school are just starting points. This isn't like law school admissions where there is a set formula. There is no way for anyone to know.
If you insist on an answer though, judging by the questions your asking and your previous experience, you can't really afford to be too picky. Forget about a position as a trader and focus on getting any job at this point.

If you truly wanted to be a trader (which you obviously don't seeing as you don't even understand the job description), you would probably need to do a masters program. Even then, your path will be limited as it is unlikely that you have the background required to go to a MFE or anything else that's particularly quantitative. I'm not even sure you can get into an econ masters without real analysis and differential equations.

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