- Joined
- 8/6/09
- Messages
- 40
- Points
- 18
Hello everyone, first of all, thank you so much for your helps so that I could get my CMU admission today.
It has been a year with a lot of preparations, anxieties and excitements, and I have made so many good friends in this process. It has really been an invaluable experience!
In fact, besides CMU, I have also been offered a job in Chicago Fed as research assistant covering financial market research. I am having a hard time deciding if I should take the job or going to CMU.
The job itself is not very demanding, and not so much like what a typical quant job. However, I am thinking that I may possibly meet many top figures in the city if I network well, and there it is possible to transition into the private industry after 2-3 years. As Chicago is the clearing center for options, futures and some other derivatives, I feel it is highly likely I may get some first-hand experience on the development of financial regulations regarding those fields, and could possibly be useful in my later career.
However, as for CMU, I really like it so much. It has been my dream school since my sophomore year. I like its balanced focus on financial theories and financial computing. The job prospect is also excellent. But nevertheless, I worried a little about going there without any w/e will put me in disadvantage. Since a decent job is so hard to get nowadays, and whenever something is rare, it becomes a valuable asset.
In the future, I would like to work in derivative markets, maybe trading, maybe structuring. As more banks are cutting prop trading to comply with the new regulation, should I worry about the prospect of MFE?
I will thank you guys in advance for your generous help!
It has been a year with a lot of preparations, anxieties and excitements, and I have made so many good friends in this process. It has really been an invaluable experience!
In fact, besides CMU, I have also been offered a job in Chicago Fed as research assistant covering financial market research. I am having a hard time deciding if I should take the job or going to CMU.
The job itself is not very demanding, and not so much like what a typical quant job. However, I am thinking that I may possibly meet many top figures in the city if I network well, and there it is possible to transition into the private industry after 2-3 years. As Chicago is the clearing center for options, futures and some other derivatives, I feel it is highly likely I may get some first-hand experience on the development of financial regulations regarding those fields, and could possibly be useful in my later career.
However, as for CMU, I really like it so much. It has been my dream school since my sophomore year. I like its balanced focus on financial theories and financial computing. The job prospect is also excellent. But nevertheless, I worried a little about going there without any w/e will put me in disadvantage. Since a decent job is so hard to get nowadays, and whenever something is rare, it becomes a valuable asset.
In the future, I would like to work in derivative markets, maybe trading, maybe structuring. As more banks are cutting prop trading to comply with the new regulation, should I worry about the prospect of MFE?
I will thank you guys in advance for your generous help!
