High Finance Thread

Originally Posted by Unregistered

My point was that if you have to pick between a M7 MBA and MFin, MFin would be a more viable option for OP given his age and professional background, due to reasons which i have emphasized in my original post.

The key to breaking in will be to network and demonstrate serious interest by developing relevant skills and taking relevant certifications (ie CFA). A local MFin is a simply another value-add to the part of displaying interest. The main advantage of a local program is that it allows for geographical flexibility, easier for physical meet-ups or interviews, which would greatly facilitate the networking process.

It is almost impossible to break into larger or midsize funds/banks/IM companies for OP at this point, M7 MBA or MFin regardless. Best bet would be boutique shops in which an M7 MBA/overseas MFin does not really hold any significant advantage over a local MFin and might even count against a candidate.

Am more aligned with this post
Was wondering for the OP, as opposed to doing nothing, wouldn’t some post grad help to indicate commitment and interest (though I agree too it wouldn’t be of exceedingly great help)

What else would you have the OP do, if not for some post grad qualifications

Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?

Originally Posted by Unregistered

Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?

need more info - how many years out of school are you - mba or not mba? any carry? new fund or longstanding fund?

Originally Posted by Unregistered

need more info - how many years out of school are you - mba or not mba? any carry? new fund or longstanding fund?

the firm is on fund 2 now. 3 yrs out of undergrad and no mba (don't plan to).

Originally Posted by Unregistered

Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?

you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well

Originally Posted by Unregistered

My point was that if you have to pick between a M7 MBA and MFin, MFin would be a more viable option for OP given his age and professional background, due to reasons which i have emphasized in my original post.

The key to breaking in will be to network and demonstrate serious interest by developing relevant skills and taking relevant certifications (ie CFA). A local MFin is a simply another value-add to the part of displaying interest. The main advantage of a local program is that it allows for geographical flexibility, easier for physical meet-ups or interviews, which would greatly facilitate the networking process.

It is almost impossible to break into larger or midsize funds/banks/IM companies for OP at this point, M7 MBA or MFin regardless. Best bet would be boutique shops in which an M7 MBA/overseas MFin does not really hold any significant advantage over a local MFin and might even count against a candidate.

Troll posting trying to eliminate competition in the job market?... What's your position in the industry and level of experience? Or are you a marketer with one of the programmes?

Originally Posted by Unregistered

you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well

....ok and that is relevant because?

Originally Posted by Unregistered

Am more aligned with this post
Was wondering for the OP, as opposed to doing nothing, wouldn’t some post grad help to indicate commitment and interest (though I agree too it wouldn’t be of exceedingly great help)

What else would you have the OP do, if not for some post grad qualifications

I have pretty much listed every route that is feasible for OP at this point in time. It is already tough as it is, with a rapidly shrinking ER industry since MIFID II.

His best bet would be to lateral into the Transaction Services / Valuation group since he is already in a Big 4, as i mentioned earlier. If he manages to do so, he would be able to acquire the all-important relevant work experience. The rest of the Breaking in is another tall order in itself.

If not, then he would simply have to work much harder on the other aspects.

If you are really hellbent on an MBA and don't mind shelling out SGD130K+, i would suggest giving INSEAD a look. In terms of prestige, it is probably on par with the M7s. It has a campus in Singapore and unlike M7s, it only requires one year to complete.

Originally Posted by Unregistered

you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well

Oh really? Now i feel i am underpaid lol. Currently i work as quant analyst/developer for a medium sized global AM. Total 10 years of experience working as software engineer for BB IB but this is my first FO role thought. How much is the market rate given my exp?

I recently got admitted into top 3 US MBA (Wharton, Harvard, Stanford) that costs SGD$250k for two years. Will definitely have to take a significant loan to attend.

I would like to ask if anyone has a similar experience and can advise on whether it will be worth it to attend if goal is to be back in Singapore to be in PE/ hedge funds, and what will be the starting remuneration of an associate then.

Thanks in advance!