August 27th, 2004, 9:24 pm
I´m a citizen of a Latin American Country (Peru, being more accurate). I currently work in a local private bank, as a junior investment manager . I have 24 years old. I have a BS in economics from a local university.I wan´t to work as a Fixed Income Trader in a international bank or a hedge fund (that one actually is my dream!). The problem of working as a Trader here is that..there isn´t a fixed income market (well, there is one, but is like it doesn`t exist, i remember that the trader of the bank spend all of his time chatting through Msn Messenger!) and the equity market is a little better, but not much. Derivatives? Please!!Heres the deal: My original plan was to get an MBA in an Ivy League School of the US o a top european school and then all the doors would magically open for me in any G-7 country with a developed market right?...NO!! More research has show that the trading business requieres a deep knowledge of math and sciences (i think i don´t need to say that in my country there is very little math involved in the finance business). Now, my plan changed. Get here a MSc in math from a local university (because, believe or not, they are good and cheap), then get a MBA (why still the MBA? Because an MBA in Wharton, Chicago or Columbia would became my presentation in the international finantial markets, and also, i love finance, but i believe in being a round person and want to became a CEO sometime, not just an star trader, quant or whatever). Do you think that this is a reasonable plan?. Why not get directly an Msc in math or finance from a top school? because i believe my work experience doesn´t give me the necesary qualifications for one.Does this plan make sense? is brilliant? idiotic? Do you have a better idea? Should i pursue this or look for another line of work? Would people value the mix Msc Math in a little known university + MBA in prestigious school? Has someone gone through something similar? Please, any input would be good and appreciated.