Agree, but spending about 100000$ for MBA "networking" is too much to start. I really want to learn, but do you think that to work on Edge F/ Asset Management / Trading are areas i doesn't need a "strong" and embracing knowledge?!
I think you are too concerned with what you need to know. Unfortunately, the finance world is 80% about networking, cultivating good relations and outright flattery. These are more important skills to learn. Brush up on those instead, learn how to make people feel good about themselves., take them out for coffee and meals at your expense.That's what gets you the job.
Take out loans. Many firms will pay them off for you as your signing bonus. Like I said before: find solutions to those issues above above you will get the job. Everyone has a different story. Though many are similar.
Thanks guys for your answers, were pretty clever and helpful! I will make my decision and then i will make u know...
You can always go this route. http://www.collective2.com/ It is good practice , you can earn some extra income and you will build a track record that shown what you can do. That is good, bad and everything in between.
I don't think this is a fair representation of the CFA curriculum (me, L2 exam in a few weeks). Santos, check out the curriculum and see if the topics interest you. At L2 you will get a better idea of whether you will enjoy the actual work. I have heard that an MBA from outside the top 10-20 programs does not get you noticed. One advantage of the CFA is that it is standardized around the world. Employers know what they are getting. Also keep in mind that the finance world attracts a certain type of individual. If that's your thing, great. It's not for everybody. -lf
I have my cfa. Good luck in June. Level two is a doozy. You are right about MBA schools. Finance jobs are uber competitive. If you aren't in top echelon or can prove it in opaque then it's extremely difficult. How will a cfa get an outsider access to recruiters?
Don't get me wrong. I'm not dissing on the CFA curriculum. I believe everyone should in finance should study it. I did it because as a derivatives trader, I wanted exposure to other aspects of the market. It helped a little with my brand value (I was viewed as harder working and more of a renaissance man). But the designation itself has dubious value. I didn't renew my membership after the first year.
Santos: First decide for yourself what role do you want to go in the financial service industry: sales, administration, portfolio management?