April 11th, 2003, 9:13 pm
HI param200,I apologize for the time it took me to reply. I will complete my MS from Illinois Institute of Technology this summer. I am currently in the field. I trade Soybean Meal options on the floor of the Chicago Board of Trade. I have been doing this for 7 years. I went back to school to expand my horizons and keep my options open. The market has been slow for a long time where I am at, and across the floor in general. A lot of Stock option traders at the Chicago Board Options Exchange are being let go by their firms. Not much happening. As all of this is happening, it might be the best time to pursue a higher education. IIT has a pretty new, and small, placement office. They are working on building up contacts within the business. It seems that they are getting along with it pretty good. On the other hand, U. of Chicago has the reputation, and a darn good placement office. My one friend who went through the MS Financial Math at U of Chicago got a job on the Corporate Bond desk with Banc One Capital Markets. Not a bad gig for coming right out of school. To sum things up, I think an MS is a smart route to take and would stronly suggest looking into it. I hope this helps, and good luck.UKY