Have a MSF, lvl 2 CFA, 3 years with GSE as a Port Mgr. Want FI asset mgmt job. Suggestions? MBA, PhD, other?
Asked by cehedd
Posted in Switching Sectors and Debt / Fixed Income
10 Sep 2008
Answer this question
Asked by cehedd
Posted in Switching Sectors and Debt / Fixed Income
10 Sep 2008
Answer this questionMSF is Master's of Science in Finance. Similar to a Master's in Finance Engineering, but broader in its coverage.
cehedd 12 Sep 2008
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PhD would honesty take you a really long time. Let's say you wanted to do Finance, it could easily take five years, if not longer. Depending on your financial and family situation, the PhD route is probably not feasible. Another issue is getting into a program, which since it is September you would have to wait until the start of the school year in 2009 to star the PhD.
Johnny A 12 Sep 2008
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If you already have a quant-oriented finance degree and 3 years as portfolio manager at a GSE (for you non-fixed-income users out there, that means Fannie, Freddie or one of a few other "government sponsored enterprises"), and are 2/3 of the way to earning a CFA charter, then you hardly need another degree to get a job in FI asset management. So many eFinancialCareers users seem to believe that sticking one more 3-letter acronym after their name will get them into career Heaven. The question that began this thread takes the cake. I'm starting to think there may be a psychological issue for many of these people who overlook the value of career assets they already have, and don't make a serious effort to leverage them. Going back to school instead of making a full-blown job search with all that entails (mainly a lot of networking), is psychologically comfortable, because you won't be risking failure and/or personal rejection. But in so many cases that crop up here, another degree would add little if any value to the career portfolio. The first answer in this thread put it best: "You obviously have the qualifications but you need to get out there and sell them."
Jon Jacobs 12 Sep 2008
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it's great you accomplished so much w/ studies but really, school is overrated in the real world. connections, experience, your gender are everything.
hegkim 23 Sep 2008
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Network. Network Network seems to be the solution. You obviously have the qualifications but you need to get out there and sell them. MBA would take you at least 2 years so its a cost-benefit analysis for you. I am in the FI Portfolio Management business, level 2, MBA but I dont think my MBA got me here. It was connections and contacts. Good Luck.
FinanceCandidate 10 Sep 2008
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