"It 's something very personal, very important thing. Hell, it's a family motto. Are you ready, Jerry?" I want to make sure you're ready, brother. Here it is: Show me the money. SHOW! ME! die! MONEY! Jerry is a pleasure to say this! Tell me again, Jerry. "
-Rod Tidwell, "Jerry Maguire" (1996)
"If I am an engineering major, how can I get funding? Show me the money!"
I find myself answering this question a lot, maybe because I am not a financial-Background myself. Or maybe just because everyone wants to receive funding.
How to use your technical background to land a job in the jungle of the financial world? As a technician directly from school, there are two ways of breaking in:
Get an Investment Banking Analyst position in the technology or the TMT (Technology, Media & Telecom) group in a bank. Do not use the quantitative / analytical background and instead his interest in the business / work ethicYou inside
Getting a job in a quantity or hedge funds to trade / Fixed Income at a bank. You get leverage on your skills and quantitative probability a.
Of the two, the second easiest for most engineers. Wall Street has never been more quantitative, and is always only as directed every day. Even with some current problems in the credit market funds and some high-profile difficulties Goldman known as Global Alpha, this trend does not stop at any timesoon.
Hedge funds and related jobs
On-campus recruiting for these positions is less common than it is for analysts the bank, but is there if one looks for them. Citadel, one of the largest hedge funds worldwide, the recruitment program for the Bachelor of rotation, and Jump Trading, Chicago.
The good news is that if you're an engineering major at a university, you have a good chance of landing one of these have a job, even without priorThe experience in the field of finance. If you are in that position and go through the on-campus recruitment is necessary to stress the interest in financing, Because this is how they select candidates. Here's a direct quote from a citadel Recruiter:
"To be honest, we know that they are all very well quantitatively ... you have a degree from a major engineering programs in the country. You need us, that you are interested in finance, because that point is different."
During interviewsYou can obtain quantitative issues, but it is important to show them that had a strong interest and consistent funding. These are some good stories ready to invest primarily on staff and because it is particularly suitable for a trader.
For trade to work, "fit" part of the interview is even more important than it is for banks. If the exchange of shares between classes every morning and wake up before their time reading financial news, gambling is a hobby right to speak.I was asked if I played video poker / online poker and casino gaming jobs survey of hedge funds. They want hobbies / interests that you think the risk reward compared to the stress shows.
No thanks, I really want to Be A Banker
Full disclosure: you can do, but hours to go too far worse than the market, which pays much better, and have very low, low value added work. The advantage is that you have a wider range of outputOptions - and then sit very well for engineering banking venture capital, for example. And the benefits are nice.
As a technical person, you have several things for you now: no one will question your intelligence, and probably will not ask questions and mathematical puzzles. If you can get a degree in electrical engineering, you can do Excel calculations in your sleep. And no one will question your attention to detail (or at least not so muchas if an English major).
What you need is to focus on recruitment and interviews show, is your 1) interest in finance and 2) the ability to set the time / stress of work, which are much lower than those of an engineering / tech companies to treat.
Some advice more specific when discussing your interest in funding is necessary to mention tech if you use a tech group are in a bank. And not to mention only Google or Facebook. These are the mosttech seen by far, but each can learn from reading TechCrunch and friends heard.
You need to tell genuine interest in the field, take the initiative and talk about it, companies are less known. Before my interview with Tech-groups in the banks, I have a list of lesser-known startups / other companies that I found interesting and had a story ready on them. You should do the same.
Regarding the second point of analysisStress / hours as a major engineering, you should have had many classes advanced project ... These are all good to remember, as no work experience, where there is a product that launched the "crunch time" at the end.
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