Looking for my first job in Investment Management

[rascal07]

Hi guys, just looking for a bit of advise. I'm currently looking for a graduate job in Investment Management/proprietary trading in the financial meltdown. I have a 2:1 BSc Economics from University of Sheffield.

I have applied to about 30 positions and I'm still waiting for replies. I was thinking that if my applications were unsuccessful I would start taking either the Financial regulations, securities and derivatives exams or the Investment Management Certificate to make myself more employable.

I was wondering if this was a good plan of action or not?

 

[ns1000]

Everywhere I know of has a hiring freeze at the moment. I doubt there'll be too many jobs of that sort going. No harm doing the exams, but you might be better off looking to start down another career path which mght get you some relevant experience to put you ahead of next year's fresh grads. Maybe look at one fo the spread betting firms - they may pay for you to do some exams, and at least teach you a little about how the markets work.

 

[rascal07]

Thanks for the advise. I am looking at spread betting companies as well. I saw a course advertised by 7city, Introduction to Investment Management its £1100 and only 2 days long. sounds a little steep for my liking and Im not even sure how good that will look on my CV. Anyone else done it or thinking about doing it?

 

[arabianights]

It's spelled 'advice' you wanker.

Apart from that, don't pay for anything.

Investment Management is for *****. Try prop trading. Your best hope there is either hope for a bit of luck and know how to capitalise on it (this is the essence of trading, actually) or alternatively just carpet bomb prop houses with your CV. No one in prop trading gives a **** about pointless qualifications like you've listed. I bought SII books after I got my job, but only because I'm a ****. You can have them off me for free if you live in London and you'll see how much ******** they are.

Tried trading, if even only on demo yet?

 

[wasp]

It's spelled 'advice' you wanker.

Apart from that, don't pay for anything.

Investment Management is for *****. Try prop trading. Your best hope there is either hope for a bit of luck and know how to capitalise on it (this is the essence of trading, actually) or alternatively just carpet bomb prop houses with your CV. No one in prop trading gives a **** about pointless qualifications like you've listed. I bought SII books after I got my job, but only because I'm a ****. You can have them off me for free if you live in London and you'll see how much ******** they are.

Tried trading, if even only on demo yet?

You are such a pleasant chap, aren't you Arab!

 

[arabianights]

You are such a pleasant chap, aren't you Arab!

I didn't mean any of that in a nasty way wasp, you have to picture me as a happy smily bearded chap calling you a **** while grinning and buying you a drink, not an unpleasant shaven head cockney wide boy calling you a **** while grimacing and murdering your wife.

I'm a chap, I am

 

[wasp]

I didn't mean any of that in a nasty way wasp, you have to picture me as a happy smily bearded chap calling you a **** while grinning and buying you a drink, not an unpleasant shaven head cockney wide boy calling you a **** while grimacing and murdering your wife.

I'm a chap, I am

Too late anyhow, murdered her last week, wouldn't shut up about the local dodgy bearded chaps buying people drinks and pretending to be happy and friendly!

 

[rascal07]

Thanks for the adviCe guys, as I posted in another thread I just completed some work experience with Investec and a few of the guys advised me against prop houses saying they re not all they re cracked up to be and the training I'll receive will be poor in comparison to an IB, why is that?
Im still going to apply anyway.

Whats wrong with Investment Management Arab you lary ******?

Also can anyone recommend a good book on the basics trading.
I was thinking of O'Neils book purely because I read his chapter in Market Wizards.

 

[arabianights]

Whats wrong with Investment Management Arab you lary ******?

It's a rare manager who outperforms the index consistently... and there's no way of telling if he's actually any good. This makes the industry to be functionally a con

I'm a mellow guy anyway, lots of people here have met me and will agree with that, I just say things how they are