Quote:
Originally Posted by JoeClark
Hello,
I am soon to finish up my undergrad studies and am trying to choose a profession for myself. My interests tend to shift over time but currently I am strongly considering a career in Asset Management and had some questions about that field.
I am looking for an occupation with a decent work-life balance. I don't need to work 9-5 but I want to have time during evenings and weekends to enjoy life (family, movies, sports, exercise...) and don't only want to focus on my profession (although I am willing to work very very hard for the first 5-10 years). Is this possible in asset management? Can one become a portfolio manager in a mutual fund (I understand that HF's tend to have longer hours), for example, and work regular and normal hours? Are their any other asset management roles that you think would be a good fit for me? I went through many resourses [URL="://blog.advids.co/20-video-examples-from-it-asset-management-software-solution-and-services/"]Asset Management Video[/ for help but,did not find any help.
Please help me out.
Any help will be appreciated.
Thank you .
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My friend, you have zero chances of becoming a PM be it a mutual fund or hedge fund whatsoever. Firstly, PMS are traders with many years of record pnL who are experts at not only betting but making winning bets on the market. Secondly if you are non ivy league graduate your chances of becoming even a trading assistant is hugely diminished. TAs in my firm are from imperial college London. Do you know anything about the market? Trading? Managing risks? Portfolio rebalancing? If you are not near any of the above, then resign to fate and go into other functions within finance, you still can make a decent living if you are good.