Masters of Economics- S&T?

Hey I am currently an undergrad in Canada, and go to a top banking target; However, over my undergrad years I have come to realize I am more interested in doing S&T. I have taken some advanced economics courses and actually really enjoy economics, and was wondering if getting a Masters of Economics at UofT would help me land a trading role at one of the BB's in Canada.

(I have already looked at the UofT MFE but for arguements sake, please try to focus more on just the MA)

 

No matter how people may try and fight it, all forms of trading and almost all aspects of banking are going to the more quantitatively inclined. MA in economics is not far beyond undergraduate economics in terms of quantitative ability.

I love economics too but the reality is a computer can analyze large data sets more efficiently than humans. Also keep in mind that the more difficult to price products are more difficult to price because of the mathematics involved and you have no choice but to accept it, do the math/cs or be another idiot banker.

 
Best Response

Disregard to jktecon, he clearly has no idea about BB trading. What he says might be true of algo/HFT trading, but not for the typical desk at a BB. For example to work on a flow equity derivs desk you dont need to know any programming or too much maths (not more than you would find in a standard econ degree), and i know structured credit trading desks that hire econ majors all the time.

 

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