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Topic Review (Newest First)
10-04-2011 01:51 PM
Unregistered
Quote:
Originally Posted by DF-- View Post

Lastly, when I surf the websites, e.g. Barclay's, their minimum requirement for a quantitative analyst is a PhD in a technical subject. Is there any way to bypass that requirement, ie get into a lower-level job-scope that is related to quantitative analysis, and then rising up after becoming proficient at it (assuming that one does become proficient)?

Or is formal qualification the only way there? (and does it involve superlative grades and achievements, or will some work on projects related to financial/similar models work as a substitute)
Nope.
Yes.
10-04-2011 12:43 AM
Unregistered
Quote:
Originally Posted by Vincent Loo-- View Post
I am a 23 years old guy.

With the qualifications and experience i am having, is investment banking a suitable career for me?
Should I pursue further into MBA?

I am currently working as a financial consultant and corporate restructuring adviser.
Advices are much needed here. Thanks a lot...

-Vincent Loo, Chartered Accountant with SAP FICO experience and CFA
wats ur basic degree? class of hons?
28-02-2009 04:46 PM
Vincent Loo--
4196

I am a 23 years old guy.

With the qualifications and experience i am having, is investment banking a suitable career for me?
Should I pursue further into MBA?

I am currently working as a financial consultant and corporate restructuring adviser.
Advices are much needed here. Thanks a lot...

-Vincent Loo, Chartered Accountant with SAP FICO experience and CFA
13-09-2008 01:11 AM
DF--
2656

Hi, I am an undergrad doing economics, and I've heard about the monetary rewards of an investment banking career. However, the equity research and other analytical positions receive much less attention. Seeing that this post is filled with helpful and kind comments, I venture to ask about something I've wanted to know...

I have little interest in an investment banking job, but I enjoy analytical problems, especially the quantitative side. So, I'm wondering, do the analytical jobs in finance have as much demand as the investment banking (and other operations) jobs? Is the pay decent (compared to normal jobs, like those in the 3k to 10k/mth range, and not investment bankers), and the working hours mildly sane?

I've also heard that the hardcore quantitative and computing stuff are done in hedge funds and the such (for Economics majors). Since that's where the money (and resources/funding) is, I suppose it might be true. But I'm quite worried that I'm mistaken and choose the wrong career. (Academic route does offer decent theoretical stuff that's similar.)

Lastly, when I surf the websites, e.g. Barclay's, their minimum requirement for a quantitative analyst is a PhD in a technical subject. Is there any way to bypass that requirement, ie get into a lower-level job-scope that is related to quantitative analysis, and then rising up after becoming proficient at it (assuming that one does become proficient)? Or is formal qualification the only way there? (and does it involve superlative grades and achievements, or will some work on projects related to financial/similar models work as a substitute)

Thanks for the time spent reading this, and any thought and advice given!
05-09-2008 04:14 PM
tokai--
2598

To James and other investment veterans
hi your comments are really insightful. Btw i am IT specialist in SAP FICO/FI module, however lately i realized that
my true interests likes in financial investment, and am contemplating in switching to either equity research, private equity,
assest managemrnt or private banking. i am currently taking CFA1 this dec and has being offered a place for an US MBA (top 25 ranked
by EIU)My plan is to do both concurrently. Hoever, i am now 32 and has no formal financial job experience. Is it late for me to
switch now and would any investment firm hire me due to my age? Your advice would be greatly appreciated. Thank you
02-09-2008 12:55 AM
peabrain--
2571

e, no carry yet. IRR hurdle high. wouldn't say we're top quartile but previous funds (before I joined) managed pretty decent returns. however, i've done my sums and even if we hit carry this year, i will probably see only the lower end of $180-200k, unlike the $200-300k range that you BB guys got last year.
01-09-2008 07:58 AM
e--
2557

hello, what is investment banking? why do you aspire to be one?

better overseas than local, in the ivys, top state Unis or top UK ones. your gpa should be high - more than 3.5 or someting and you need to show an interst in finance. in terms of courses its varied but it always helps to have some finance thrown in. also, if you can speak/write mandarin & have gone to a top uni with a reasonable GPA, you should get interviews with the BB in HK...
01-09-2008 01:20 AM
hello--
2555

hello,
To a jc student like me who aspires to be an investment banker, haha, what is the ideal university courses/degree to take? Business? Finance? Accounting? Economics? Maths and Stats? and which university if it is in Singapore; or overseas?
31-08-2008 02:56 PM
e--
2550

peabrain, first time i've really heard that sentiment...i presume you are not getting carry/phantom carry? what quartile is your fund in?
29-08-2008 02:17 PM
peabrain--
2531

I'm an analyst at a private equity fund. I can tell you the comp ain't that great -- we may get a higher base, but i-bankers definitely pull in more bonus.
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