Take the job or MFE?

[MathMan]

Hello! I have just received an offer from a prop firm. However, it is not quant, and it is much more discretionary trading. Those who do well within the first two years tend to make a great career out of it, but if you don't, it's likely you'll leave and have to find a new job. I am a senior in college so I am still young. Should I continue with my applications for MFE programs or take the job? Am I too late if I don't get an MFE right away?

 

[Andy Nguyen]

Congratulations. My advice is to take the job and learn everything you can on the job. MFE programs are always there and you will have a much stronger profile when you apply. Most importantly, with some work experience you will know which skills and knowledge you need to develop.

 

[MikeLawrence]

I would take the job. No brainer. Most mfe students would give much to have that opportunity, and it is probably better than the vast majority of mfe students will get upon graduation. If it doesn't work out you can transition into school and return to the job market with a grad degree and wonderful experience.

 

[MathMan]

I would take the job. No brainer. Most mfe students would give much to have that opportunity, and it is probably better than the vast majority of mfe students will get upon graduation. If it doesn't work out you can transition into school and return to the job market with a grad degree and wonderful experience.

Awesome thanks so much. Also, what are some exit opportunities for a position like a discretionary prop trader?

 

[MikeLawrence]

Awesome thanks so much. Also, what are some exit opportunities for a position like a discretionary prop trader?

Not a clue. Depends on who you know and what you make of it.

 

[kombuchalover]

Take the job 1000%! Don’t waste the opportunity!

 

[MRoss]

Take the job.

If it doesn't work out, join an MFE down the road. The experience won't go away and you'll yield a higher starting salary.

Side note: Take the job but take the Baruch Pre-MFE courses on the side. If you're passionate about MFE there is no reason to completely cast it aside.