Trading in Sydney

I'm doing prop trading at a BB here. You think it would be easier to 1. Move to sydney and look for job 2. Get MBA at U of Sydney then find a job

I will try to move internally, but not sure if my group would like that..

Okay so your currently in the US?

Obviously I live in Sydney so I may be a bit biased, but I think its a great place to work. The culture and people are alot more relaxed.

I myself am currently doing my last year at UNSW, an honours in finance, and am looking to crack into graduate MM positions soon. Because I haven't worked in the industry long enough I am not too sure how far an MBA would take you. Amongst the prop shops, from people whom work in the industry I know its not necessary but it may be looked upon favourably by the big banks.If you do consider to do an MBA here in Sydney consider the MBA program offered at UNSW by the Australian School of Business as its the best in the country and currently ranked 37th best world-wide.

How are you liking it at UNSW? Is it difficult from someone in the US to get in? How much $ does it cost roughly?

Thanks for the help.

sydney is a good place to work, plus the beach as well..

Optiver is not too bad but they deal with the derivs side, so depends what you want.. IMO sydney is more for its fx flows,

I would say you should do ur mba in US since its more prestigious and all, and apply to an office in sydney..

Yeah I agree with isic06 to an extent to do your MBA in the US. You guys definitely have the best uni's over there, so by completing your MBA over there at a top-tie uni you will definitely make yourself look even better. But otherwise UNSWs MBA program is the best in Australia and employers will recognize that as well. If you want more info on the UNSW MBA check out:

http://www2.agsm.edu.au/agsm/web.nsf/Content/Home

It costs roughly AUD61,000 (or US53,000 at current rates) and I am not sure if it would be hard for an international to get in. I think if you meet their requirements and can pay the sum then it shouldnt be a problem, but the program is very competitive obviously.

As for the UNI itself, UNSW is probably one of the best uni's to be at! UNSW scored highly in the 2010 Good Universities Guide, being awarded the maximum five-star rating for seven key performance indicators: including research grants, research intensivity, student-staff ratio, staff qualifications, cultural diversity, graduate starting salary and positive graduate outcomes. It has state of the art technology in most of the rooms and is constantly developing to be bigger and better. If your a sports nut, we have cricket ovals, tennis counts etc. There are plenty of shops and bars and being so close to the beach (about 10min by bus) you can always go for a dip b/w classes or simply chill-out with friends. Its also about 20 min by bus to the Sydney CBD. For more info check out:

www.unsw.edu.au

Thx for the help. Makes me wanna quit my job now and move!

Are you taking any financial engineering classes or just pure finance?

I am doing Commerce with majors in Actuarial Studies and Finance. In my last year now finishing up with honours in finance. Although I got 5 exemptions from part 1 ACTL, I had no passion for it and hence my interest now for finance.

All the majors trade prop thru treasury or cio