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dxvid
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#81
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#81
Hi there,

Thank you for starting this thread. JPM offer a 4 year apprenticeship scheme which includes a BSc from Exeter (Finance), couple of CISI qualifications as well as those years of back/middle office experience. For a job in Sales & Trading, how would this opportunity compare to the typical pathway of studying economics at a ‘target’ university?

Thanks
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username4249996
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#82
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Opinion on University of York? Hit me with the truth, if it's bad it's bad.
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orangegoat
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#83
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(Original post by Lancaster University)
Well maybe not want you want to hear.It is very hard these days to make that move - 25 years ago no problem.So I think you need to consider it on the basis it will not take you to Front Office.However, no doubt a very good career could be built there PLUS who knows what career oportunities will exist in 10+ years time e.g. there must be a combined 40,000 + people working in the two sectors of electronic trading and compliance.Neither sector existed 15/20 years ago. Once you in a firm there will be many migration options.
What do you think differentiates Analysts and MD's in a firm (aside from age lol)? Ops is only worthwhile (IMO) if you're able to move up the hierarchy quicker.
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orangegoat
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(Original post by yoink)
Opinion on University of York? Hit me with the truth, if it's bad it's bad.
Quite a few friends from York in IBD/Markets
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nani215
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Hi, what degrees would you say are best for a career in mathematical finance, ie quantitative analysis? And also, who are the main recruiters of quantitative analysts?
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orangegoat
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(Original post by Lancaster University)
26
How old were you when you hit 7 figures?
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bee264
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#87
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Hi I'm doing a degree in Pharmacy at King's College and I'm not that keen anymore into working as a pharmacist and was wondering whether there is any chance for me to go into a career in IB or something similar. What steps would I need to take and how can I get experience and what would I need to do??
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Lancaster University
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(Original post by Presence)
its just being like a real investor but investing virtual money into FTSE 100 companies every day in the real stock market ^-^
What is the sales/revenue momentum like..is it showing signs of acceleration?
If you put money into marketing has that had a positive effect on your company results in previous rounds?
If you lower/increase product prices, how sensitive to sales is that?
(Sorry bit I don't want to get too side-tracked from main discussion)
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Lancaster University
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Brown Guy
You need Work Experience- WP is a 'favour' ..you need to ask friends, family, alumni, sports club fellow members etc...
Volunteering also reads well.
Job/Part-time job as another option ideally combined with above two.
i.e. fill the summer.
.
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Lancaster University
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#90
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(Original post by BlueIndigoViolet)
I know a lot go into IB (im guessing 95% of people in my school) for the money, how much do you make (sorry if thats a bit blunt), and what is the range of salaries open to an individual in the field.
That's a huge question and will vary a lot...but as a ballpark.
BB base starting salary graduate programme £50,000 plus small £5K relocation.
After 2 years as an Analyst £75/80,000 all in pay.
After 5 years as an Associate or moving to Vice President you should be looking at £150,000 possibly heading to £200,000.
After that anything is possible.
How well the bank does overall will effect bonus figures and above numbers.
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Lancaster University
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#91
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#91
(Original post by dxvid)
Hi there,

Thank you for starting this thread. JPM offer a 4 year apprenticeship scheme which includes a BSc from Exeter (Finance), couple of CISI qualifications as well as those years of back/middle office experience. For a job in Sales & Trading, how would this opportunity compare to the typical pathway of studying economics at a ‘target’ university?

Thanks
I don't know the details of that scheme but I would seriously question whether you could move from it into S&T.
So if you want S&T the latter might be a better option BUT remember S&T is not expamnding as a sector as:
- Banks are not able to take as much risk as they used to due to regulation and stringent capital requirements
- Trading is more and more automated and conduced electronically (but not all trading by any means).
With so many students wanting S&T you are trying to secure a spot with a very limited number of places.
Good to have a Plan B !
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Calm1237
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#92
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(Original post by Lancaster University)
Brown Guy
You need Work Experience- WP is a 'favour' ..you need to ask friends, family, alumni, sports club fellow members etc...
Volunteering also reads well.
Job/Part-time job as another option ideally combined with above two.
i.e. fill the summer.
.
Hello, I would like to say thank you for starting the thread in advance.
I will be sending my UCAS off at the end of this week- pretty late but I can not say much about that.
I am currently unsure about my 5th uni option and wanted some advice:
Do you know of a good uni with BBB/BBC requirements as my predicted grades are ABB, but ofc I need 1/2 safe choices as well.
The uni I am considering is from : Keele, UEW Bristol, Buckingham, London South Bank, City of London, nottingham trent, Manchester Met...and I am open to any other suggestions. I really want to know which of those unis would be the 'best option' as I am interesting in pursuing accountancy or other finance roles.
Another thing, i forgot to mention I am interested in A & F.
Thanks
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Lancaster University
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#93
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(Original post by yoink)
Opinion on University of York? Hit me with the truth, if it's bad it's bad.
Going to York does not exclude you from anything. If you're a strong candidate, work very hard at this, learn what is required, and live and breathe financial markets /IB then you can either secure an IB role or at least one of several related sectors already discussed.
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Lancaster University
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#94
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(Original post by orangegoat)
What do you think differentiates Analysts and MD's in a firm (aside from age lol)? Ops is only worthwhile (IMO) if you're able to move up the hierarchy quicker.
I don't disagree with your Ops comment. I'd do Ops if you like the idea of logistics/transaction processing/systems etc..I would not do Ops 'just to get into IB'...that could be miserable.

What differentiates Analysts..purely the quality/skill level and committment of the candidiate.But Analysts will vary massively from business division they work in i.e. the skills and competence required in IBD, S&T, Research & Risk are very different.

It might take you 15 years to get to MD -these guys tend to spend little time in the office rather fly round the world seeing clients hoping to be in the right place at the right time when e.g. their client wishes to make a strategic corporate move.
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Lancaster University
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#95
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(Original post by nani215)
Hi, what degrees would you say are best for a career in mathematical finance, ie quantitative analysis? And also, who are the main recruiters of quantitative analysts?
Financial Mathematics would seem a good fit.
IB Risk Management requires these skills as does
Investment Consultants like AON/Mercer/Hymans Robersons..that world is all about pension assets & liabilities..a huge issue in the UK.
Then there are Actuary firms themselves...
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Lancaster University
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#96
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#96
(Original post by orangegoat)
How old were you when you hit 7 figures?
Too much detail
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username4217900
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#97
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How would one go about learning the world of IB when still in sixth form?
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Lancaster University
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#98
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(Original post by bee264)
Hi I'm doing a degree in Pharmacy at King's College and I'm not that keen anymore into working as a pharmacist and was wondering whether there is any chance for me to go into a career in IB or something similar. What steps would I need to take and how can I get experience and what would I need to do??
Whether you could go into IB or not might be a stretch but clearly I have already mentioned several sectors that would be a possibility for you.
Clearly you'd have to justify your move out of Pharmacy...which is do-able.
I do think you ned to balance your CV with some financial items ie
-Join and get involved with your Finance Society
-Try and get some financial work experience (the latter is a favour)
-Read some financial blogs and list on your CV
Look at Vendors or Retail & Commercial Banking where the classic IB CV will not be required.
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Lancaster University
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#99
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(Original post by Calm1237)
Hello, I would like to say thank you for starting the thread in advance.
I will be sending my UCAS off at the end of this week- pretty late but I can not say much about that.
I am currently unsure about my 5th uni option and wanted some advice:
Do you know of a good uni with BBB/BBC requirements as my predicted grades are ABB, but ofc I need 1/2 safe choices as well.
The uni I am considering is from : Keele, UEW Bristol, Buckingham, London South Bank, City of London, nottingham trent, Manchester Met...and I am open to any other suggestions. I really want to know which of those unis would be the 'best option' as I am interesting in pursuing accountancy or other finance roles.
Another thing, i forgot to mention I am interested in A & F.
Thanks
Its hard for me to distinguish from those universities.From an employment point of view I do not think it will make too much difference.
Stick Lancaster down as one of your higher choices and I'll work with you when you get here
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Lancaster University
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#100
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(Original post by rumatar)
How would one go about learning the world of IB when still in sixth form?
1) Look at Opening City Doors website.
2) Use the 'Contact Me' button and I'll send you some Lancaster Uni IB & Financial Landscape PDFs written by myself.
Includes various URL links to other sources.

Offer only open to school leavers.
Last edited by Lancaster University; 10 months ago
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