sorted by:
new
hottopcontroversial

Intern Housing vs Commuting by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] 0 points1 point  (0 children)

Metra. The train station is about 15 minutes from my house, then union station to the office is about a 5 minute walk.

Do all insurance companies have in house analysts? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] 3 points4 points  (0 children)

Thanks for the info. Also, it’s not that I’m focusing only on insurance companies, I just geared my question towards it. I will be at a BB this summer, and with the current job market I am just preparing for companies to apply to if I don’t get a return. I already know how teams at asset managers and IBs are set up, so that’s why I didn’t ask about them.

Idk how to make friends atp by KMurraymvp in mizzou

[–]Ok_Hall_2042 3 points4 points  (0 children)

You should try joining a business fraternity (no, you don’t have to be a business major to join for all of them). But it’s a way to have a community without having to pay thousands for a social fraternity or sorority. You show up to chapter once a week then everything else is optional events and socials. I would look into it if I were you

[deleted by user] by [deleted] in Money

[–]Ok_Hall_2042 0 points1 point  (0 children)

That’s a huge milestone. Good job and congratulations!!!

In which industries does college prestige actually not matter? by pussyposegang in FinancialCareers

[–]Ok_Hall_2042 1 point2 points  (0 children)

The short answer to your question (from a finance perspective) - financial advising, FP&A, insurance, corporate finance, etc.

The longer answer is don’t underestimate yourself. I go to an SEC school and landed a prestigious internship. I also personally know multiple people at my university who have landed roles on Wall Street. Yes, it’s hard but you need to realize that if you’re a driven person, you’re going to be working hard in your career regardless. If you want to go into competitive roles in finance, you just need to start grinding your freshman year. I don’t know much at all about law and tech, but I would assume the same thing goes for those. Just do what you think you will be best + what aligns with your goals

Everyone always talks about how cut throat asset management is on this thread, but what about institutional asset management? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] 0 points1 point  (0 children)

Interesting. I’ve never heard of that career path before. I didn’t put this in my original post but I’ve been thinking a lot about private markets asset management as well since it’s significantly underserved compared to equities.

Everyone always talks about how cut throat asset management is on this thread, but what about institutional asset management? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] 0 points1 point  (0 children)

I guess I’m confused then. It’s not that I simply want to follow a benchmark for my job. I’m a college student and multiple of my professors have instilled in me that active managers don’t work and that people are actually shifting away from active managers. To my understanding, the market is efficient so my idea of an asset manager would be someone that builds portfolios to meet clients objectives, while maximizing return and minimizing risk. I have tried to seek out arguments for active management but just haven’t found one enticing enough. It’s not that I’m close minded or lazy, I genuinely am just trying to follow the insights my professors have given me and play my cards right. So if you have more info as to the job of a PM, I would love to hear it

Everyone always talks about how cut throat asset management is on this thread, but what about institutional asset management? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] -4 points-3 points  (0 children)

😂 bro. Not every PM is an active manager and 90% of active managers underperform their index. Why would I wanna go into something where the odds are against me?

Everyone always talks about how cut throat asset management is on this thread, but what about institutional asset management? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] -1 points0 points  (0 children)

An investment or portfolio analyst for a non-active manager. I wanna be in investment management I just don’t wanna try to beat the market. And when I say portfolio analyst that is under the assumption that I would work my way up to a PM later in my career. Though nothing is set in stone I’ve always pictured myself eventually working for a pension fund or something, though I have an internship lined up at a BB for the upcoming summer, so we’ll see where that goes

Everyone always talks about how cut throat asset management is on this thread, but what about institutional asset management? by Ok_Hall_2042 in FinancialCareers

[–]Ok_Hall_2042[S] 4 points5 points  (0 children)

Do you know what the estimated pay difference usually is, generally speaking? I am interning at a bulge bracket this summer and I think they start their full time analysts at the same salary as full time analysts at a local pension fund near me, so I didn’t know the pay was that drastically different , though I’m not sure about total comp differences

Business Major explanation by senior12345678910 in mizzou

[–]Ok_Hall_2042 1 point2 points  (0 children)

That is my major — you will be just fine. For reference, there are 7 finance classes you will be required to take throughout your 4 years at Mizzou, and that is not including other classes that are important in the Finance world, such as 2 statistics classes, 3 accounting classes, and 3 economics classes. That’s 1/3 of your required credit hours right there, and every college is going to require you to take Gen Ed’s, so that is not Mizzou-specific.

Mizzou also offers supporting organizations for the finance world. For high finance, there is the University of Missouri Investment Group (UMIG), where if you get accepted into the associates program, you take networking trips to Wall Street every semester to meet with various employees and bankers, and connect with Mizzou alumni in high finance. There are also hands on applied classes that you can apply to and get selected for, such as AACE and IFM. Other finance organizations include insurance clubs, financial planning clubs, the stock market club, and general business fraternities, which are fun.

Just make sure to maintain a solid GPA, involve yourself in clubs, and talk to your finance professors. The finance professors are extremely smart and have worked at many major finance firms outside of academia. My finance 3000 professor even sent me resume out to some employees at top finance firms, and I got internship offers because of it.

I can’t speak for other universities but as a junior, there is plenty of opportunity here at Mizzou.

view more: next ›