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i have 4 yrs exp in equity trading,want to move to IT.any advice

Pls advice me considering my present experience as front office trading in equities & derivatives.

Asked by anand4tune

Posted in Qualifications and Capital Markets

25 Sep 2008

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Answers (8)

  • Well if you still have your job you should keep it till they cut you, the IT job market is pretty bad now and will be for awhile. Not sure what sort of IT you want to get into but if its anything except trading support type positions you will need some sort of training. But first figure out what you want to get into, IT is very broad. Then take whatever certifications apply to that position and keep training till someone hires you at entry level. Be advised the pay will probably be pathetic at first and this process may take a long time. If its trading support then its much easier, get certifications for whatever platform/software you are using currently and you should be all set.

    mrpetersan 27 Sep 2008

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  • are you crazy? seriously, why would you want to do that? i'd like to do the exact opposite, but i'm probably stuck in IT for life (or until i'm 50 when i'll be laid off -- too old )

    Jeff 01 Oct 2008

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  • Don't bother (you'll find it boring, it can be a challenging career if you pick the correct roles but the reward doesn't match the effort)

    bobthebuilder 01 Oct 2008

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  • How about the MSc conversion course in Financial Computing at University College London? It rocks!

    Timmo 01 Oct 2008

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  • If you are familiar with the trading systems then you should talk to the vendor and look for an internal support role. Your experience would be valued and you would be hired over a graduate with a MCSE or similar qualification. Need to capitalise on the business knowledge and understanding of the systems..

    Christian James 01 Oct 2008

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  • Agree with the comments made by 'mrpetersan' above. I'd make 2 additional points: 1. To shift direction in this market, focus most of your energy searching via your your network rather than recruiters and job sites. Recruiters and job sites have plenty of IT people with much more relevant experience than you - so it will be harder to stand out. Whereas you're more likely to get a foot in the door to an informal interview with a hiring manager via a contact. 2. Secondly, if you are really committed to a move into IT (and can afford it financially), you could go and work in another industry, build relevant IT experience, get your certifications if appropriate - and then return to FS in 18months time the sector may be in better shape. Best of luck, Sital Ruparelia, 6 Figure Career Management

    Sital Ruparelia 01 Oct 2008

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  • Speaking as someone who went from IT to trading and back again to IT (and regretting it), I would recommend: a) that you make very certain that you want to be involved with IT, because the likelihood of your returning to trading will be close to 0 b) that you look for IT work where you can really use your experience (i.e. e-trading sales or product management

    ken beatty 01 Oct 2008

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  • Can someone explain the reasons for wanting to move from trading to IT? I'm kind of amazed that someone would have difficulty doing so, IT is the easiest field to break into, which explains why so many people here are trying to get out.

    Stuck in IT 08 Oct 2008

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