October 18th, 2015, 8:11 am
bearish is right that online degrees are less valued on that at physical universities, partly because to get into a good university you have to pass a filter, whereas with online they will take pretty much anyone who feels up to it.However the supply/demand for analytics is pretty favourable to sellers at this moment and there are a lot more open positions than people.That means buyers of labour have to hire people that in other circumstances they'd never never even interview. Also vice, you're a trader and presumably have insights into financial markets that someone with a more prestigious degree won't have because you have to have done your job to get them.That means a firm who sells into financial markets for alpha generation, compliance, risk et al will often see you as more desirable.Also, there is hedging and improving your position in your current firm...There are various slots where a trading background would be very desirable, one thought I have is that you could be the best person in the whole firm to lead a project to predict major operational failures or even spot who is going to be the next rogue trader. This is because as a practitioner you can see through the "correlation == causation" fallacy because of your domain knowledge. <<1% of Big data grads have trading experience and the game theory of jobs is that being in a 1% is a strong amplification term, but note I'm not saying whether that is positive or negative amplification.Also note that above I write of a clear state in the market today, as a trader you will be aware that following a trend after the information that caused it has entered the market is not exactly a risk free strategy and you'd be graduating a few years from now. On balance I see your plan as rational.