What does he not like about it? The culture there is rough, but the people I know who work there seem to like it a lot. Living in Newport Beach...
Generally speaking, this is true, although I'm not looking to get into PE. There is no doubt that PE is very tough to get into. I also agree...
Technically true although for the reasons I discussed earlier, I think the glory days of prop trading are over. More importantly, I want to do...
It was one of DRW/Wolverine/Optiver/SIG. Not gonna get more specific than that. I was under the impression that I would be doing a combination...
It really depends on the MBA and one's career goals. If we're talking about say a #30 ranked MBA program, yeah it's probably not worth it. Or if...
UPDATE I just quit my job at the new trading firm after a very short stint. Suffice it to say, they misled me on the nature of what I would be...
Yup. I already read it. Broughton is a good writer but has very little credibility on his negative views on HBS. The guy graduated in 2006, one...
This guy's blog is excellent. He is a budding entrepreneur heading to Wharton this fall and is turning 36 soon. Despite his age, he's going to...
Lol. So true. B-school is 2 years of nonstop networking/partying/travelling. WAY more fun than the "real" world.
I agree that sellside research is a lot of fluff, and I don't have any interest in that. DRW is a prop trading firm. They definitely have...
The last time I took it, I remember there were roughly a dozen questions that were quite tricky, and they all involved rules and regulations. The...
I agree. There are SO many more interesting finance jobs than prop trading, a dying industry.
I have spoken to a lot of MBA alums actually. All of them HIGHLY recommended it and said that even though the loans are rough, they had an...
To be honest, it's mostly about signaling. I agree that you actually don't learn THAT much in b-school academically. But the prestigious firms...
Depends on the school. At top ones, the job market is pretty good, and placement has been quite solid. The numbers don't lie....
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