QuoteOriginally posted by: FischerAccountsQuoteWhen quality of life is so much better there, why lose your health at these white collar sweat shops.I think most South Asians if they are honest with themselves with find it hard to agree with your above statement. In India, connections and family background are everything. If you are not from a wealthy and well connected family moving up in business is almost impossible. Add in massive child poverty, environmental degradation, police corruption and communal tension and you can see why most young people dream of a life in the US or Europe. I can see why this guy is so distraught.My statement wasn't meant to hurt your ego so I apologise for that. However, my statement was for those South Asian people who can get their daddies to pay for their education in pounds (or even dollars) and have the opportunity to take over their family businesses.

QuoteOriginally posted by: HyperGeometricQuoteOriginally posted by: FischerAccountsQuoteWhen quality of life is so much better there, why lose your health at these white collar sweat shops.I think most South Asians if they are honest with themselves with find it hard to agree with your above statement. In India, connections and family background are everything. If you are not from a wealthy and well connected family moving up in business is almost impossible. Add in massive child poverty, environmental degradation, police corruption and communal tension and you can see why most young people dream of a life in the US or Europe. I can see why this guy is so distraught.My statement wasn't meant to hurt your ego so I apologise for that. However, my statement was for those South Asian people who can get their daddies to pay for their education in pounds (or even dollars) and have the opportunity to take over their family businesses.I may be wrong but my impression is in line with HG here. People in developing countries, given the local cost of living and price levels, who can afford to fund their kids to study for 3-5 or more years in the UK or the US, with the respective high cost of living and tuition fees, cant be in the same class of people with their desperate copatriots who risk to get drown in the sea just to reach Europe.

With a 2.2 there will not be any big firms to take you as a grad trainee. There is always a filter and the first one is the grade. Your best bet is to get some experience from your dad's company / network from your dad's business and use it as a leverage to move into other big firms a few years later. By the stage of lateral hire the experience bit counts a lot towards being hired or not hired

I second all those who have suggested that you go back and work for Dad. A bit of neoptism is not to be sneered at. Also, dad would be happy to have you by his side. As others have pointed out you have a good chance of making big bucks back in the old country.

I think Daveangel is right, go home and work in the family business, at least your efforts will go towards making YOUR family richer, rather than someone elses. Might also be a good opportunity for you to bond with your dad - for all we know you could be the next Tata Steel!!!! In any event you owrk at the co for 4 years, during which you can use your position in the community and western education to form a not-for profit (like something microfinance) - dude you could get an MBA from HARVARD, not some bullshit PhD degree or MFE degree. Forget it, leave this country behind and go home to your destiny!!!

Agree with EscapeArtist999, UK uni sees international students as cash cow and doing MFE is just a waste of time

QuoteOriginally posted by: AnthisQuoteOriginally posted by: deadQuoteOriginally posted by: EscapeArtist999Dude, I am sorry for having been so harsh... we are all frying here (just to varying degrees)Its alright mate... its helping me... yes its a tough world out there... I got to face it sooner or later... what do you think I should do once I am back in India.. I can join my dad's business but I want to be independent... and work in a bank there... and after I have gained work experience probably apply to B-Schools...Never underestimate dad's business. You have a long straddle position and an insurance contract altogether. The call part of the straddle is the option to grow and expand this business. The put part is the option to screw it up...Mate I am not underestimating the business I know it must be awesome... coz the business got me here in the first place... not everybody can afford such educationI am scared I think I am not business minded and I will screw the business

That is why you will work hard and LEARN from the only person in the world who should WANT to teach you anything of value aka dad - have a little faith in yourself. Many successful people find math difficult - it is also irrelevant in most businesses... Forget about math and bullshit quant economics... you did well on A levels - should be good enough dude... get a few books on basic accounting, and things like bugeting business strategy, and LEARN the family busiess. Even Goldman Sachs was once a family business.

My major were Mathematics and Economics... yes education here is different and harder... and I didnt work hard enough... because I hated the course... I lots all interest... I wish I chose another course... I know basic programming C and C++ very basic just the start... Thats my plan... get work exp... learn programming and apply for mba in us, singapore and uk... just the best ones... I dont want to settle for anything below warwick... can't do that possiblyQuoteOriginally posted by: cryptic26Why did you score so low? Any reason that you can think of without trying to be defensive. What was your major , science or engineering?Perhaps new country did not suit you; you did not have friends to discuss problems; probably the accent was different; the weather lot more harsh? Probably your background and your undergrad were disconnected. For being a trader you don't need 5.0 GPA. Are you a good programmer? It is not hard to learn. Try and learn that as a starting point, even by taking some classes at a less expensive class. If you can't afford to do masters in Brit then see if you can do masters in your home country where it might be easier. If you do well, it would boost your confidence. There are plenty of finance jobs in India and China, especially HK or Singapore. If you are up to it then later you can move to Brit again. See if that helps. QuoteOriginally posted by: deadHi,I am a graduate from warwick university I only could manage a low 2.2 I am quite sad over that... looking back I got 5 As (80% and above) in A level equivalents... but who cares about A levels... I feel very depressed... and clueless about the future...I am not a british citizen so thats causes a major problem... as I need work permit in any company I want to apply I am interested in financial world (broking, asset management, investment banking, taxation)Big companies need 2.1 and small companies which accept 2.2 degree need the person to be british citizen so I am in a fixI have a moths work experience with an Indian asset management company... my role was based on sales... where I had to go to banks etc to tell them about our structured products so that they can further sell them to general publicI have CFA level 1 exam this December which I think will help me in finding a job... what should I do? I don't think my father will sponsor me for a masters... as I proved to be a bad investment for undergrad...how can I flip the situation to my advantage...?

QuoteOriginally posted by: EscapeArtist999That is why you will work hard and LEARN from the only person in the world who should WANT to teach you anything of value aka dad - have a little faith in yourself. Many successful people find math difficult - it is also irrelevant in most businesses... Forget about math and bullshit quant economics... you did well on A levels - should be good enough dude... get a few books on basic accounting, and things like bugeting business strategy, and LEARN the family busiess. Even Goldman Sachs was once a family business.Yes, I am the only one left to takeover the business now or later... just a matter of time... so its better if i learn and get my work experience from this and maybe with time I might have the balls to start something new supporting the current business or something altogether different...

QuoteOriginally posted by: EscapeArtist999I think Daveangel is right, go home and work in the family business, at least your efforts will go towards making YOUR family richer, rather than someone elses. Might also be a good opportunity for you to bond with your dad - for all we know you could be the next Tata Steel!!!! In any event you owrk at the co for 4 years, during which you can use your position in the community and western education to form a not-for profit (like something microfinance) - dude you could get an MBA from HARVARD, not some bullshit PhD degree or MFE degree. Forget it, leave this country behind and go home to your destiny!!!The idea seems nice to me, I would never give education second preference as I want to expand my knowledge and the good B-schools look at the qualifications plus work experience... I have to nail CFA and also work with my father

I feel ashamed though... as I would be joining the business not on my credentials... just coz he is my father... hmmm...

Work with your fathers business for a couple of years and then apply for a top 10 MBA in the US. US B schools like people with family business backgrounds, they have enough applicants who want to be bankers, traders, consultants but very few who have experience running their own business and intentd to do so after school. Belive Me family business in a developing country (India) is a great profile to have for a BSchool Application. Every BSchool wants an Ambani as an alumni

Did you feel shame being bankrolled to study in the UK rather than having to duke it out woith the masses for IIT? No, of course not, it is a gift from g-d or whatever you believe in, take it, be humble and grateful for it, and make a success of your life (mostly find out what that means to you)

QuoteOriginally posted by: deadI feel ashamed though... as I would be joining the business not on my credentials... just coz he is my father... hmmm... you'll get over it - its either that or what ?