AboutPaul Henneman Expertise Stock forecasting and fair market valuations.
Experience
Past/Present clients CBSMarketwatch.com, Hoovers.com, Multexinvestor.com, Bank of NY, numerous hedge funds and institutions, other partners and clients can be viewed at http://www.valuengine.com/about/careers.html
I am 28 with a business school educational background (I havent validate several modules in my last year) and experienced in marketing and IT. That's said I have always been really into companies & market analysis.
Do you think that it could still be worth it to try joining one of these training program or to go through a master in Finance, for me in order to find a position as an analyst or trader, wether in a bank or in an investment firm?
Thanks,
John
Answer John,
Thank you for your question!
Deciding on what to do for your future is always a very difficult decision. It can so difficult to make, that many delay and continue to think about it, and the years tick by. My thoughts are below, but the most important thing is to give yourself a few weeks to think about your choices, research your options, talk with trusted family and friends to get their opinion, then most importantly act. When you do decide, throw yourself into it.
Both options you mention are good ones, and probably the answer would be different for different people. The training programs at investment firms would be a faster option, leading to an income in a shorter period of time. If your resources are very limited, and the cost of a masters in finance would be overwhelming for you, then this is a good route.
However, the financial industry is in turmoil right now. There may not be alot of opportunities out there, if any. Many firms may be tailoring back their training programs, I am not sure. In times like this, it may be very beneficial to improve your resume substantially through the masters degree in finance. This would put you way ahead of the crowd trying to gain employement in finance. Keep in mind that you would currently be competing with hundreds of thousands of very recently laid off financial professionals looking for work in a shrinking industry.
As the economy begins to recover in a few years, so will the financial industry. The timing could be very good for you, just as you are finishing a masters degree there may be growth returning to the industry.
Do what feels right to you. In the long term, over a career that spans a lifetime, the additional education would serve you very, very well, dramatically increasing your ability to find a good position, and the pay would be substantially higher with a masters degree. But, there is the other option of existing training programs should the cost and time of that extra schooling prove to be too much at this time.
I will conclude with my first point: Give yourself enough time to fully think about this, talk with people, and research the business as much as you can. But don't take too long, and when you do decide the most important thing is to throw yourself completely into the effort.
I hope that this helps! Please do not hesitate to follow up with me if I can be of any additional service,
Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com
