What would you do in finance with poor quant skills ?

TheSquale's picture
Rank: Gorilla | 507

Hello,

I'm considering breaking into Finance but I don't exactely what to do yet. I like everything involving econ and understanding how to run a business, solving problems and teamwork.
My biggest weakness is that my quantitative skills are quite poor so I don't think that S&T would be a good path for me... What do you think ?
I thought that maybe restrucuring could fit well with my skills and what I would like to do ? Is there anyone here doing restructuring ? it's quite hard to find information on the day to day job, the pay, the hours. Any insight ? Why would you do restructuring instead of M&A for example ?

Regards,

Comments (21)

Nov 21, 2011

sales

Nov 21, 2011

Does all trading really require quant genius? Aren't there trading styles that don't require you to be a quantitative genius?

Nov 21, 2011
TheSquale:

I'm considering breaking into Finance but I don't exactely what to do yet. I like everything involving econ and understanding how to run a business, solving problems and teamwork.

Have you considered going into consulting? Seems like it might be a better fit for you.

Nov 21, 2011

@ivoteforthatguy: I think that sales-even if it's not as quant heavy as a trader position- involve being very fast with numbers, it's not something I will be a better than other people. So not a good bet if I already know that I won't be able to compete with the best.

@Domino: No I haven't. Money is part of my motivation too, so consulting doesn't sound like a great deal anymore. I have to pay back students loans.

Jul 30, 2015

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Nov 21, 2011

Banking

Nov 21, 2011

not sure where this finance needs quant skills comes from.

I know chicks in sales who can barely tie their own shoes.

you can also do banking, requires no intellectual capability whatsoever, any independent thought may actually hurt you as you may start questioning the sheer stupidity of it.

Nov 22, 2011

if you can use the SUM function in excel your quant skills are good enough to be an ibanker

Nov 22, 2011

Investment Banking

Nov 22, 2011

You could always be a trader for UBS

just kidding

Sales, IBD, PWM, ops, most research. The only thing that ABSOLUTELY requires heavy math is quant trading, and most traders arent' math gurus. Theoretically, you could also go to law school and approach it from that angle...but I don't know anything about how to actually do that.

Nov 22, 2011

Thanks guys for all you answers. I will try to do an internship in S&T and see if I like it.

@Domino: No problem I understand, maybe you're right. I will do some research on consulting, I think you're right when you say that you shouldn't choose your job for the money but you know, it's pretty hard to understand it when you're still in school and you see all your peers making 6figures and you're not.

Nov 22, 2011
TheSquale:

it's pretty hard to understand it when you're still in school and you see all your peers making 6figures and you're not.

Hating your life every day sucks more.

Nov 22, 2011
UFOinsider:
TheSquale:

it's pretty hard to understand it when you're still in school and you see all your peers making 6figures and you're not.

Hating your life every day sucks more.

You nailed it !

The problem with consulting and IBD is that it's not econ related at all, am I wrong ?
I love to open the newspaper everyday and see what happened in the world and trying to understand why it happened, what would happen next...

Nov 22, 2011

Investment Banking.

Nov 22, 2011

I'm serious you can laught but "what if" is a very funny games and the more you play the better you're.

Nov 22, 2011
TheSquale:

I'm serious you can laught but "what if" is a very funny games and the more you play the better you're.

I honestly don't even know what you're talking about.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Nov 22, 2011
happypantsmcgee:
TheSquale:

I'm serious you can laught but "what if" is a very funny games and the more you play the better you're.

I honestly don't even know what you're talking about.

Long story short I said that I like reading the newspaper everyday and trying to figure out what makes the world goes round.

Nov 22, 2011
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