（8.17更新）新上任，开一个问答帖，有什么商科问题过来问，我有空尽量回答

cheesechanUID: 3505689

lucky010 发表于 2016-8-17 21:27
先谢谢回答。首先本人还没太研究，如有错误请指正。据我初步了解，HR Master TOP 5 should be Cornell, M ...

well..........this clearly shows that the top business school aren't offering any master in HRM.

4plus1UID: 3459836

cheesechan 发表于 2016-8-18 17:06
1. If I am the recruiter for a role in equity research, I am likely to throw the CV of those ...

Quote:didn't get a H1B and thus forced to go back home, and then being asked how much you spent to buy your US master certificate during interview (unless you get an internship in some really big names, i.e. doing things like ops.....)

^^really good point! Btw, do you really think that Baruch sounds like 野鸡学校...?If I come back to China, the HR will find Baruch's finance is quite good on Baidu...I mean, when the HRs see some schools that are not quite familiar, they will google it on website. But the situation could possibly be with this Baruch CUNY name,  my CV couldn't get through the online application then filtered by the computer....
I check its website: about 90% of MSF students will find the job after graduate, however, I don't know if the Internship counts in the figure or not.....
Its courses are suitable for me especially there are preliminary courses for those who haven't take any finance courses.
You are right.The school is more like a high-advanced financial trainning school than a UNIVERSIRY.

cheesechanUID: 3505689

4plus1 发表于 2016-8-18 19:54
Quote:didn't get a H1B and thus forced to go back home, and then being asked how much you spent to ...

Baruch is a good school herself, but:
- her reputation is limited in the region, well, not as big as US, but just the NY city.
- school that HR has to search something / look into some rankings to know if it is good is not a famous one itself.
- this process is not to show that the school is good, but just to ensure that the school is not a wild chicken. Good school is something that people all know it in the industry, without google at all.

90%....:
- most likely include internship, paid and non-paid one if not specified.
- make sure this is a figure for local student / international student / all student. and those experienced local part-time students.......
- well, where is the local of the job? a job in Africa is also a job.

in US, you don't need a master to work in the finance industry. MSF is just a degree to milk tuition from international students, or for those who is really far from finance to get a bit business sense.
You don't need a bachelor in finance to work in the financial industry too. indeed, most top university / business don't offer stand alone business major at undergraduate level. Finance is easy, and they expect applicant to take it up themselves. They prefer applicants from really top universities, and a relevant major (which matter less).

IannUID: 3675344

cheesechan 发表于 2016-8-18 17:35
1. smaller cohort size is always better, and thus it is also always much more difficult to get int ...

1) Yes, u r right. Given my limit bg, university reputation is more important. Wanna get everything always leads to nothing.
2) Sorry, I forgot to mention it. I just thought that work in the place I study maybe help to keep in touch with my references, considering how hard it is to enter a finance phd program. As for in financial industry, it's only for career continuity. In fact, I planed that if I failed in apply phd in the first year, then work there for three years and apply three more times, if all failed, then back home. Maybe it sounds silly, but I'm really not that confident to success in the first time.
3) Age is not a concern for me, and so is family. However, I don't know if it is a concern for the committee and professors?
And, yes, after talked with you on the forum these days, I began to think back and ask myself what I really want. I didn't take any advanced math/stat courses in my spare time, I know I should, but I delayed. Every time I open the website to enroll some quant courses, it's end up with the enrollment of some design courses... Maybe what I really need to change is not about degree, it's about major and career.
Anyway, Thank you to push me out of the "I thought" zone, I'll think again the way I gonna go.

cheesechanUID: 3505689

Iann 发表于 2016-8-18 20:51
1) Yes, u r right. Given my limit bg, university reputation is more important. Wanna get everythin ...

2. I think you better make up your idea first: either fighting for a finance job in US / overseas, or prepare for a PhD. you only have 24 hours a day.

3. Age is problem but not a obstacle.
Even you don't care about things like getting married and having baby on time, you need to have a solution when your dad and mom retire and get older. your need both time & money for that. Academics don't pay well (at least for early stage), and require a lot of commitment.
Professor wont care too much about that I guess, as long as you can show that you are capable.

4. Actually, it is mainly about interest.
PhD, and academics is about interest.
Your previous delay already shows that your interest are really limited. You like it a bit, but not like it that much.
If you really like XYZ, you will do that at the first moment possible.

落落尘烟UID: 2276569

4plus1 发表于 2016-8-13 01:39
捧场捧场！
我来问几个和自身相关的问题吧。
交代一些些背景：

1. math & stats is NOT NECESSARY for most domestic finance positions...
this is especially true for equity research...IPO...IBD etc.

2. for a typical research role, you will need excellent writing skills,  basic accounting & financial statement analysis, solid understanding of the industry you are assigned to (major players, cost curve, barrier of entry, competitive advantage etc..) However, NONE of above require any math, but you'd better be excellent at collecting information...frankly, what i've mentioned could be easily found on the internet....you've already failed the test to some extent...

IannUID: 3675344

cheesechan 发表于 2016-8-18 21:02
2. I think you better make up your idea first: either fighting for a finance job in US / oversea ...

4) "If you really like XYZ, you will do that at the first moment possible." I think I know what to study in phd now...and yes, not finance.
3) However, thank you to remind me age and parents' problem, I'll talk to my mom and dad first before make up my mind whether to take a phd or not.
2) And if the answer is yes, then I think I need to change a place to ask further questions; and if the answer is no, then the question changes to: if I wanna find a finance job oversea/ find a job in top financial institutions in china, which kind of programs should I take?

cheesechanUID: 3505689

落落尘烟 发表于 2016-8-18 21:14
1. math & stats is NOT NECESSARY for most domestic finance positions...
this is especially true ...

2. the logic for IBD (and etc.) is indeed somehow: if you have to ask how I can get in, you are out already.......

kuyigougouUID: 3066207

cheesechan 发表于 2016-8-18 17:12
but then the concern is then: 美國投行級別的target school就是那十幾家, 而當中開有樓主想申的MSF的 ...

所以我的意思就是很困难留下咯，美帝情况我知道，我哥在那边，所以MSF不如MFE/MMF,或者一起申请情况好点虽然也不多，但MFE和MMF属于STEM，情况稍微好那么一丢丢

cheesechanUID: 3505689

Iann 发表于 2016-8-18 21:44
4) "If you really like XYZ, you will do that at the first moment possible." I think I know what  ...

4. the math/stat requirement not only holds for finance, (or financial engineering), but also stuffs behind business analytics / data science: it is about statistics.

2. Finding a job overseas / preparing towards a PhD are both very time-consuming. You wont have time to do both, generally.
The solution can be the same: just take a quantitative program.
a quantitative program give you the edge as STEM, and lay the foundation for research.
the key difference is: you spend your time on searching different type of role (an academic researcher role vs an industry role)

cheesechanUID: 3505689

kuyigougou 发表于 2016-8-18 22:07
所以我的意思就是很困难留下咯，美帝情况我知道，我哥在那边，所以MSF不如MFE/MMF,或者一起申请情况好点虽 ...

不過以樓上那位的哲學背景, 是不可能申得上MFE的.

實際一點的話, 我會建議其考慮 S16級別的master in management, master in applied economics, or master in accounting. 印象中加起來總有十個八個可以申.
這樣找不到(好)internship, 回國也有名氣.

要不的話, go for regional top (e.g. UT Austin), in a region with strong economics (賭找到當地工作留下)
of course, an European top + local language is also a safe path. (e.g. HEC)

another possible choice, go to UK 名校鍍金, and then back home directly. At least their top school is offering MSF, which is not the case in US.



P.S. Given related area, finance用CFA補即可, no need restricted to MSF.

4plus1UID: 3459836

落落尘烟 发表于 2016-8-18 21:14
1. math & stats is NOT NECESSARY for most domestic finance positions...
this is especially true ...

1. 那就是我找错方向了吧。我看到的信息大部分requirement里总是理工+经济金融背景。
2. 是。这些我倒都知道，所以我也会辅申MKT方向，自己也喜欢分析，搜集信息。前文有笑我不了解MKT， both 市场推广和市场分析在我的工作中都有涉及到，不过不够细分，仅仅是在能完成不错的业绩层面。并且我觉得这两个部分相辅相成，所以自然有MKT analysis专业和integrated MKT。当然，为了客观起见，我承认我不懂市场营销方法和市场数据分析。这也是我希望系统学一下的原因之一。

相比本科就读了商科和金融专业的同学来说，我所有对这些的接触仅在我一年多的工作中，在那之前我的大学四年对括号里这些名词一窍不通，甚至也没想到能找到这工作，更别说知识的原理和运用了。
非非非非常感谢您的回答。I do appreciate that！关于数学软件之类的这个结，的确，没有人说靠几个公式就能做金融了，上面的人看下面，知道重要的是分析能力等，但是entry level 呢，看到的好多招工都需要数理软件技能，MFE CS就是需求量大，对于起步的我来说，工作中需要这个技能而我没有。
就比如我的专业哲学，都说什么老了很有用，可是我现在不老，心仪的工作需要技能而我没有，怎么用上哲学？I Really have no ideaaa.
可能版主之前回复我的，我的motivation 和career goal很重要。确定一个可行的方向，然后把我现在所拥有的能力与goal比对，列出需要弥补的gap，所缺的金融财会知识要学到什么程度，对目标工作的理解，得到的数值趋势都是什么关系，怎么去做判断，而不是纠结在已经没有的技能上吧。

4plus1UID: 3459836

cheesechan 发表于 2016-8-18 22:14
不過以樓上那位的哲學背景, 是不可能申得上MFE的.

實際一點的話, 我會建議其考慮 S16級別的master i ...

的确，MFE我也没考虑去读，比较这个gap差的太大，虽说高中读理科，这4、5年不学这些东西了，想要再赶上同level的MFE candidate也不可能。
我读研的目标仅仅是希望在工作上能有个提升吧，现在就算银行都要研究生了，当然不是说本科不行，反正是没啥优势。
我的考虑学校有
1 JHU Finance 镀金类 综排高。都说专业度不够，但总比我0基础的强一点吧
2 UT Austin 地区&排名都有，他家的MKT专业今年是新出的，50%Marketing Theory (Brand/Consumer) 50% Analytics (Data visualization) Target jobs BD MKT这种，跟我之前的工作内容倒也相像。在德州读finance在地理位置上不占优势，不知道您怎么看？
还有考虑USC的finance和Maryland 的marketing

你之前提到的 EU top+local language 我也考虑过， 之前和ESADE (就是又一个国内不出名的)的招生官有聊过他家的MS，而且我也学了一阵西班牙语了，之前工作中也能用来办办业务。但是我不理解你说的safe path 是指什么？

BTW，我也想有given related area,BUT我学了一个无任何形态的专业……现在国内做金融的，学历研究生也需要。

cheesechanUID: 3505689

4plus1 发表于 2016-8-19 01:20
的确，MFE我也没考虑去读，比较这个gap差的太大，虽说高中读理科，这4、5年不学这些东西了，想要再赶上 ...

1. JHU MSF 有的就只有JHU + Finance.
business school不要說US tier 1 / 2 , 隨時tier 3 都沒有.
至於Carey的MSF是批量印刷發售的程度, 估計全球能拿冠軍.

當然, 對你這個背景, 絕對也是有用的. 只是try for better one first only.

2. I guess first key point is: confirm you target industry (and type of role) and thus the major(s).

3. USC Financial , Maryland Marketing, JHU Finance, most likely outcome =
finish your study, cannot find a internship during OPT, go back home.

4. for your case, I will suggest France and Spain. The downside of France is you may need to pick up a new language. Downside of Spain is you need to go elsewhere in Europe for job search.
The good side is, if you go to a top regional school (ESADE for sure counts), and you speak the local language of the preferred working location, you dont have much problem about visa for working (internship and then full time).
Another safe point is that the master is generally longer (2 year), and thus you have more time for job search.
However, the risky side is the school are not famous back in far east, i.e. you must work hard to fight for a role there.

5. What i mean for related area is not your current area, but find an area related to your target role, e.g. for financial industry, accounting and etc for equity research, math and stat for quant and risk, law for compliance, and etc.
There are related to finance, and you can make up the finance part by self-studying CFA.

4plus1UID: 3459836

cheesechan 发表于 2016-8-19 02:56
1. JHU MSF 有的就只有JHU + Finance.
business school不要說US tier 1 / 2 , 隨時tier 3 都沒有.
至 ...

第五点简直好评！！！了解了！
1. 像 JHU USC Maryland这种，如果就回国“能”找到一些些券商的工作，那倒也没问题。还是说国内的HR也知道是这些批发商。不过US的批发应该比UK的好一点吧……
2. 关于regional school这点，我可能会优先考虑UT Austin.
哎，怎么说呢，关于HEC IE IESE ESADE Bocconi之类的，我其实觉得都很好。但是总觉得美国的学位会更好，竞争也更激烈。
艾玛，真是纠结啊。搞不好我真的可能为了visa的问题，跑到加拿大去读了……可是还是放不下美帝。让我再好好考虑一下下吧~拜谢拜谢~