UKL Investment &amp; Finance Society

Yep trading is good if you are good at it. Good luck to you!

Reply 203

Madinina

What I would like to have as an ideal job :
be able to travel
something quite stressful but very interesting
something that is constantly moving, were I must think hard, no ready made answers
a lot of risk
good money
and possible be able to build my own company.
Is there anything in IB or something like that that ressembles what I have mentionned above?

Reply 204

pengangguran

mahras

Best UK schools for trading: LSE, Oxbridge, ISMA Centre-University of Reading. Personal picks: LSE and ISMA.

Mahras, can you explain a bit why ISMA? do they have a good course in finance (outside trading) as well? what about Manchester? :biggrin:

Reply 205

I wouldn't say ISMA for Finance if you were to make it a second choice but not far off. My top for FINANCE would be:

1. LSE
2. City (Cass Business School)
3. Reading (ISMA)
4. Oxbridge (Just for the Name and Rep)
5. Warwick
6. Birmingham
7. Manchester
8. Other London Uni's (Imp, UCL, KCL) Again just for the rep as there is no specialisation in Finance as a subject.

Reply 206

You

Is it better to buy shares when the market opens/closes?

Reply 207

Better when it open IMO because the trade goes through at the price you opt in at. (If you buy in at the close the broker will buy at best but it could continue to fall, whilst if you did it at the open you would have a slight clue on which way it is moving.)

Reply 208

You

Does anyone play bullbearings? Anyways, how come, lets say i buy £100,000 worth of stocks of a company, i immediately lose like £3000 after transaction? Is it because the price has dropped since before the transaction?

Reply 209

Noel

6

Hey everyone, I'm really interested in a career in IB and have been for years.
I'm doing my A levels this year, and in the summer holidays would it be possible to get any relevant work with any companies in Manchester? Does any1 know where I could look or any firms I could ring.
Also what book would give me a good insight into what it entales and basic knowledge on the subject?
Thanks.
P.S. Can I join? :biggrin:

Reply 210

RayOfHope

Well I know what I am interested in now!! IM seems brilliant. And I thought IB is risky. If given a choice IM is for me, though IB does not seems bad either.

Reply 211

TheWolf

15

You

Does anyone play bullbearings? Anyways, how come, lets say i buy £100,000 worth of stocks of a company, i immediately lose like £3000 after transaction? Is it because the price has dropped since before the transaction?

probably. + stamp duty...etc

Reply 212

ISMA centre is one of the best places in the UK for trading. Look at their career placement. Its solid in the undergrad level. I have heard of it even from over here in the US.

Regarding when to buy shares etc:

Depends on what your strategy is. If you are a long term trader (6months and above) small changes really should not concern you. However say you are a technical trader looking to get that .01 cent of a share. As most people here are starting I would suggest holding stocks for at least a quarter (3 months) instead of trading actively. I had quite a bit of loss in the beginning when I just began to arbitrarily trade shares.

As for why you get charged: Its called commissions and everyone has to pay it. And damn straight I hate them :frown:

. HOwever its part of the business so you have to play by it.

Regarding IB or IM:

Guys believe me the buy side (IM) is harder than the sell side (IB). The IB folks are usually the middle men guys so they have commissions and what not to fall on to. The IM guys actually have to make the decision and have to be responsible for it long afterwards. Its a double edged sword. There is no one way to do it.

Reply 213

Hey guys could you do me a favour and look at my signature for the offers i have and rank them in order of which would be best to accept for a financial career such as IB or IM.
Cheer Appreciate it. :smile:

Reply 214

TheWolf

15

I really can't separate them mate.

Reading - ISMA is pretty famous
Loughborough - 1 year in industry is very beneficial in terms of future job prospects, decent business school as well
City - Again, CASS business school is pretty decent

so probs:

1.Reading
2.Loughborough
3.City
4.Birmingham

Reply 215

JrW

14

jOnNy BoRrEll

Hey guys could you do me a favour and look at my signature for the offers i have and rank them in order of which would be best to accept for a financial career such as IB or IM.
Cheer Appreciate it. :smile:

I'd go for the Reading course if you are sure you want to go into IB/IM

Reply 216

Reading ISMA. To me its a no brainer :wink:

.

Reply 217

The dilema that i'm is that of the 70+ student that take the 4yr at city uni for the BIF course 92% go into employment in a top city investment bank (based in london - obviously lol)
These include: JP, PwC, Merrill, UBS etc etc.
None of the other unis can match that due to City's location.

Reply 218

Reading-ISMA is primarily a traders school. I am not really sure about City but if those numbers are right and you want to go into IB then i think it would be a good choice. Its pretty much up to you.

Reply 219