Vote: Chicago or Wharton or a US hedge fund

hissom

不过有一点stq说得对，这个圈子这么小，如果你做得好大家都会知道你的，根本不用去network。

hissom

还有performance fee呀，那个才是大头

maomaosi

既然你有那么高薪了,为什么要去读书? 我认为拿多少钱一定程度上可以证明你的能耐. 我想,既然你可以"a USD 15bilion AUM US hedge fund's offer",那证明你并不是一个草包.如果你不是草包,那么你应该是对自己的未来和职业有规划的人,否则你也走不到这一步. 如果你很有规划很有想法,我SUPPOSELY去猜想说,你不会幼稚到为了要个WHARTON的REPUTATION去读书,而且从你的言语里看,WHARTON是个小庙,给不了你太多ADDED VALUE.那么问题就饶回去了,你的CHICAGO OR WHARTON OR US HEDGE FUND这个CONCERN,根本就是自相矛盾.

Matrixrl

why not work with the hf firm to gain a proven track record, the degree is just a title, if you really want network with guys having big bucks to raise your own fund, just try to display a good record. ppl will come to you once you're a justified cash cow.

REgirl07

I don't disagree with you.  If you read my original post, I clearly said that if he's set on HF, he should go to HF.

My comment above, which you responded to, was more about raising capital in an institutional setting and the value of your degree in that process.  I have always said previous experience is a must, but having the complete package definitely helps as well.  It's not about a MBA instead of your track record, it's about having a brand in addition to your track record.  It also depends on his work experience (which I also alluded to).  If he has Goldman and Citadel on his resume, then yea, adding Wharton doesn't really make a difference.  But if it's not a well-known name, then just having the numbers won't be as ideal.  Moreover, it's not just about the brand; it's also about the network....

As for taking two years off to go get a MBA, that's a personal decision.  In my opinion, two years is a short time if you took the long term perspective of your career.  Back in 2007, people right out of analyst programs were being promised $500K - $1MM at various funds.  The attitude was definitely anti-business school.  Even H/S/W MBAs were being questioned about their decision to get the degree in the first place.  It was almost like "did you not get a promotion? couldn't find a job?".  Of course, that was all before the financial crisis.  Half of those funds are non-existent today.  My point is, working for next two years has its own risks as well.  He could make it big, or it could go belly up fast.  In the end, the person has to decide what he wants to put on the table.

hissom

totally agree with regirl.

A mba is a plus on your package not like other kids as a brisk to the door.
And two yrs are short if you took the long term perspective of your career.
If you want to prepare your package to be the fullest it does not hurt to get a degree. And for network, you do not know in 10yrs whether some of your wharton friends in other sectors would already be rich enough to give you seeding.
Hf is such a volatile industry once you fail you might never be able to get back in door. I saw many funds closed during financial crisis and a lot talents still out of job if they do not want to settle on other "less prestigious" sector. I mean what can you do if you are not trading?
So I think getting a degree is one more layer of insurance.

nspyhk

yyferboy, excuse me, but you are totally a Red Neck.

First, I am a trader+investment anlayst

Second, performance fee is the key. HF gets 20% cut and the trader normally gets 5-10%

Third, IBD is ranked the lowest in the fianance industry and we buyside see them as stupid jokes. IBD MD is nobody to us, not to mention their pay.

Fourth, my boss' package is USD 40m last year FYI. I am a small potato in comparison

Last but not least, if you don't have constructive advice, and you don't know a shit, pls shut up.

nspyhk

Hissom, agree with you. Trading is not a life long career. My edge will decline as I pass certain age. In this sense, longer term gain from a MBA is that it acts like a safety net and open more alternatives.

Ken_Hsu

申请这件事真是有意思，有像Lz这样优秀的人才可以进Wharton,也有没有文凭的人也能进Wharton

Yunemma

回帖真犀利。笑死我了。
支持去Warton~~~杀敌敌~~~