Question for all you scholarly men and women.. I'm currently working for a hedge fund administration (almost 2 yrs) and still in school (undergrad) and would like to break into the hedge fund/banking industry in a couple years. Any advice on whether this experience will serve a use for me? And whether or not I should go down this path of banking... id like to hear some opinions from all you monkeys
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ask for an analyst position with your current HF if that's even possible.
if not, ask for a referral to another firm.
if 1 and 2 don't work, go to law school.
Suggestions 1 and 2 are fine but I would strongly recommend against suggesting law school as an alternative (unless of course you feel inclined to study law in which case your next action should be to schedule an appointment with your physician)
I graduated in 05', which means that all of my friends and my gf who had no idea what to do with their lives went to law school and are now preparing for the bar and the real world...I have never met a more miserable group of people in my entire life, they've invested 3 years to get involved in a field that few of them have any interest in pursuing
Your experience should provide at least 1 or 2 solid contacts from which to begin your networking...I did some back office stuff at a HF while in school and thats how I landed my first post grad job in PE...the world is a small place and relationships are the key to success in business
I was kidding about the law school comment, I should have put a smiley face or something.
On the law school point mentioned by JunkBond, I can vouch for a handful of friends who are fortunate to have gone to law school.
What people don't realize is that a JD is a very prestigious credential and shows others that you can think. That being said, if you are paying the tuition bill yourself (don't have a trust, parent's support, grandparent's support) then I understand that 200K in debt and no interest in law would be rather depressing.
A JD is prestigious if and only if it is attached to a lawyer from a prestigious school working at a prestigious firm. Otherwise it's a huge red flag.
You're absolutely wrong. I'm too busy to reply to your b.s with a lengthy explanation.
Ok, I feel a need to reply because you are the type of polluter this site doesn't need?
"A JD is prestigious if and only if" --- I wasn't saying a JD was prestigious. I was saying it signals to interviewers that you have what it takes to do post-graduate work (You may reply, postgrad work is easy...ok... then try it out yourself). It also says you can get through a rigorous program (don't even try to say law school is easy).
lawyer from a prestigious school working at a prestigious firm (given that the nature of law is local, your argument falls flat. a law school that is for example, in houston or los angeles is going to recruit heavily at places like u of houston, or whittier in la, or even southwestern in la). When i say recruit, both for oil and gas positions in oil companies or other positions.
i never said she would get a position in banking, i said she COULD get a position in industry easily with the JD credential.
go back to class, and pull up your abercrombie shorts ya idiot.
Ouch. I'll reply to your introduction at the end of my post, when I've made my points.
You did, in fact, say exactly that. You said it was very prestigious, in fact. You then proceeded to qualify this statement by suggesting it demonstrates an ability to think. While this seems like a reasonable conclusion to draw, provided the JD actually performed exceptionally well at one of the top 14 law schools, the degree itself, of course, only signifies that someone was accepted to and graduated from law school. Additionally, there are over 200 law schools in America with varying degrees of recognition by the American Bar Association. These cannot all be prestigious.
"Given that the nature of law is local" is a remarkably poorly worded clause. I can't be sure, but I will assume based on what follows in your reply that you mean that because lawyers are needed in various locations across the country, then law schools across the country will enjoy recruitment at the hands of local firms and companies. Sure. As long as you perform well at that "local" law school, otherwise not only are you a graduate from a non-prestigious law school but also an unexceptional graduate of an non-prestigious law school.
Additionally, whether or not my argument "fell flat," simply saying so doesn't make it true. I'm not sure how you could have believed that you debunked my argument by saying "the nature of law is local." Since my argument was that a JD is only prestigious if it comes from a prestigious school and leads to a prestigious career, you would have done better to argue that the widespread demand for lawyers in a variety of locations means that traditional definitions of prestige (i.e. prestige being linked to a school and not a degree) no longer apply. I would disagree, but at least you would have presented a rational argument that applied to the discussion.
And you base this on...what? Your experience as a JD? I would imagine that most JDs get jobs as public defenders. It seems silly to hire a JD for an industry position given that he is not necessarily more qualified than a BA/MA/MBA, but, hey, what do I know?
It's about 45 degrees outside...no shorts. Also, while the style of a statement has no bearing on whether or not the statement is logically sound, I cannot help but note the ironies here.
Which brings me back to your introduction. You tell a poster asking how to break into HF that going to Law School is a legitimate alternative. You may have been joking. Fine. All the same, you not only gave a poster worthless, unneeded advice, you then proceeded to fellate law schools in general by claiming that its degree was "very prestigious" even though people "don't realize it."
The problem, net worth or nothing, is that people DO think the JD is prestigious and, as a result, pursue it even though they have no interest in it. Your advice, net worth or nothing, more properly qualifies as dangerous pollution than does my warning.
Ridiculous! LOL
Stepping AWAY now from anything pertaining to LAW haha..id like to add that I am currently working full time and going to school full time so hopefully future employers will see that as an added bonus that i fully commit myself to multiple things?...also the current position I hold is not in the actual operations arena but in production support (babysitter to the ops/computer savvy female). Any advice on whether I will be able to get far with that type of experience?
Sorry for destroying your thread by making a joke about 'if 1 and 2 fail, go to law school'. It was a joke.
All praise Juwannaman, allow me to lease from you as you now own all my land.
Damn, net worth or nothing got owned. It's like when Jon Stewart kicked ass on Crossfire: http://www.thatvideosite.com/video/35
LOL
Juwannaman,
Do you really spend time double checking everything you write. I spent a minute or two getting a few random points across and you caught my gaps in reasoning. Lucky I'm not taking the LSAT>
congrats bro.
Back to work, now you get back to class.
Ok, troll, pull up your abercrombie shorts and get back to your corporate finance class.
Is there anyone who can actually answer my questionS??
P.S. ARGUING ON THE INTERNET IS LIKE RUNNING IN THE SPECIAL OLYMPICS...EVEN IF YOU WIN, YOU ARE STILL RETARDED!!
Hmm... some people who aren't retarded run in the special olympics (i.e.- veterans returning from war without a leg)... you can make your point, but don't hate on people who are retarded.
Anyway, good luck.
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