Where can I move with this background - London
Hi guys,
Tell your opinion, do I have any chances in IB or HF?
Some background and a little of can do and can't do:
- BSc in Business, from non target school in the US, focus on Finance and MIS, 3.2 GPA, 3.7 during last year.
- 2+ years in consulting. Not Big 4 or other big name. The company specializes in industry research, but has consulting arm with some exciting projects from big names and governments in modelling, trade analysis, scenario planning, etc. Career progression to PM. A lot of of work with statistics, but not exactly statistical analysis in Matlab or R, more involved in design, qualitative stuff.
- Trading on own account for a year, pretty much full time. Had hands on experience with most of the things from fundamentals, to candlesticks, fibonaccis, pretty much all technical analysis, later settled with techical based momentum trading. Was doing quite well (5% monthly in 07), quit before 08, as market became less predictable. Could continue, but was not really worth it with funds I had and living expenses.
Can:
- Do good primary research on macroeconomic indicators. In depth knowledge of most sources, i.e. EuroStat, IMF, Fred. Advanced understanding of official methodogies, case studies, manuals, classifications, etc.
- Good sense or risk /return - fixed outcome events, statistical events, etc.
- Can comfortably play a positive game of Blackjack (cardcounting)
- Have good conceptual understanding of many academic models in economics/econometrics,
- Good at spotting weaknesses in other models/assumptions
Can't:
- write the actual code for an economic/financial model in SAS, Matlad or R. Lack the mathmetical skills diff. equations, etc..
- do extensive programming beyond Excel macros
- don't really see myself as a front office person driving the team, quite low on persuasion, especially talking to a random guy from other background, though quite good persuasion on proffesional level
- be good communicator due to some social anxiety
For the past couple of years I have been reading a lot about economics/econometrics/finance, and feel fairly comfortable with most concepts. But is it realistic for me to get into IB/HF without using an MBA or MSc as a platform?
