Advice Needed

[singh2jatt]

HI I have just graduated and finding hard to get a job, I graduated with a BSC (Hons) in Computer Science and Accounting (2:1), and as I cant find a job I am looking to go back and do a masters, But are masters really worth their money? or should i do professional studies such as CIMA, CEFA, CFA. I also have the options to study the following:

Money, Banking and Finance MSc (University of Birmingham £9,150)
Economics MSc (University of Birmingham £4,350)
or
MSc Finance and Accounting (University of Wolverhampton, around £6,000 )

Which option should I take? I am not really sure what I want to do may be going into banking, but is it wise investing a career into banking after the crises?

 

[Technically Fundamental]

You can't decide what course is right until you decide what you want to do as a career. "Banking" is a bit vague too mate.

 

[RealRaver]

Do a masters in financial mathematics

 

[RPEX]

If those are the only options i'd do MSc Econ at Brum. But that's just personal taste. If i could go back, i would do something as technical as possible without putting myself in such a niche that it precluded employment in loads of sectors. I'm mainly thinking about how engineers often end up in banking, and really good ones do top up courses in economics and end up in much higher places. Computer Science might be another good one i imagine.

 

[fantastic]

HI I have just graduated and finding hard to get a job, I graduated with a BSC (Hons) in Computer Science and Accounting (2:1), and as I cant find a job I am looking to go back and do a masters, But are masters really worth their money? or should i do professional studies such as CIMA, CEFA, CFA. I also have the options to study the following:

Money, Banking and Finance MSc (University of Birmingham £9,150)
Economics MSc (University of Birmingham £4,350)
or
MSc Finance and Accounting (University of Wolverhampton, around £6,000 )

Which option should I take? I am not really sure what I want to do may be going into banking, but is it wise investing a career into banking after the crises?

Take a one year gap and make sure you visit as many countries as you can.

 

[Jodh]

Take a one year gap and make sure you visit as many countries as you can.

Ha! Great advice. Taking a year off was the best choice I made coming out of school. Def. go for it!

Not that I'm an expert on trading or financial careers, so someone please correct me if I'm wrong here, but if I were to do my education over again, I'd get something practical.

A masters in Econ sounds like you're going to be able to write a thesis on the post-industrial revolution effects of the enclosure movement on the formation of capital formation...or something oh so impractical like that.

A degree in finance and accounting will likely do you much better, if there is a professional cert at the end of it (people/companies in crisis always need more help with their books!)

I also have a bunch of mates who went into IB from really odd fields. people who studies how to run non-profits ended up in oil and gas, people with engineering degrees ended up in commodities etc. Banking seems to be more about who you know and proving yourself than about your degree.

But I'm just a random dude on a forum, ask someone who actually knows

Jodh

 

[forevergalaxy]

if you want to work for IB or any trading firms, just get yourself some valuable experience (for example internship etc). They mostly do not value the master degree.

From what I know, all the smart people (or the people that IB looks for) they got hired before they graduate. Only those who don't get any offer would go for master.

So my advice is if you don't get IB offer straight after graduation, you still need to get a nice job in a nice international firm, that can be in any field. However, you still need to work very hard and keep looking for opportunites in IB and you need to be confident to show the interviewers you are the one they look for!