I think he does understand it what he meant is that he can't predict the fluctuations in the market thus it's basically gambling. And no matter how much academia he does he can never predict something of that scale. Teaching provides more stability rather than investing hours and hours reading Patterns f for something so uncertain. Thus it's better to be a professor. Most who actually benifit from stock market are rich. You can be a shareholder in your own company and grow it it. You can scam customer like Wells Fargo and get rich. Or you can grow it time through diverse stocks ( index funds). But usually will require lots of time and most importantly a looot of money. Lesson of the day: it's complicated
It's sad that your professor put it that way. It's misleading because it's misleads people to think people are professors because it's a life of luxury when in reality they just love what they do.
@@MrGrenade121 it as a joke referencing when they had to testify to Congress because they were making fake accounts to lie to investors that so many new accounts were being made thus increase their stock prices. If there stock prices increase there millions of currents stocks would be worth more. I'm not sure which bank is the most secure I would be lying if I tried. But Im not sure wells fargo is the best option after watching all the congress footage
swuuggs qualifying you comment yourself as you work at a bulge bracket... nice. Wow man you really are something lol. Same with you Alhussein you guys seem to be top tier elite guys. Hats off to you both and thank you for blessing the TH-cam comments with your qualifications and wit. Truly honored lol
The problem with Bear and Lehman, wasn't that they didn't have plucky grads in their Risk Management Department, it was that regardless of who was there, they were ignored.
@@obscure913 Who? Me? Lolno. I've actually had trouble capitalizing all my networth into the market in a manner that gives me what I consider "acceptable risk exposure", so I've started switching over to real estate and precious metals as far back as 2018. So, yeah, that's performing ridiculously well right now. I could literally stop day trading if I wanted, but I'm a bit addicted to it. If you know you can make money, it's hard to pass it up.
Carlos His trading record really doesnt matter because he was there thanks to his academic merit, which may not be relevant to his trading track record.
@Damnit Bobby You do not understand the difference between buyside and sell side trading. Banks don't trade directionally for profit, they trade client orders and have to mitigate risk in the process. The buyside like a quantitative hedge fund takes directional trade to profit. It doesn't make sense to ask a bank risk manager/trader to show his personal trading records because that's not what banks do..
@Lawrence L. My point was how good people skills and abilities can get you higher than diploma/some unique math/eco/programming knowledge. Nothing else.
I have an MFE from NYU, I work in corporate finance in a big tech company.. The degree is pretty useless to get into banks and only a few make it because you will compete with actual Quant PHD's and mathematics degrees.. It's an overpriced finance degree, you can get the same material for half the price.. if you still want to make it there I suggest certificates, they are cheaper and almost same result.
I guess they use the degree to break into the industry, which is much difficult to do with certificates. I do agree that all the material is not worth the price they pay
But u said the main reason why ppl wont make it is because we are competing with Phds and mathematicians. If we gonna downgrade to just certificates, thats way worse isnt it?
This was an awesome reply @Mo 7. I just graduated with a finance degree from the University of Arkansas Walton Honors Program. I’m currently applying to a few graduate programs because I’ve decided staying in school may be my best option at this very moment in the economy. Corporate finance has always been one of my hopeful “end goals” for my education, I think I wrote about it in my scholarship essays around 5 years ago haha. Would you care to specify what certificates I should focus on achieving to strengthen my resume for future employment in corporate finance?
Ironic to see myself on this video. I'll admit im one of the lucky ones (started as a kid of a low class family just barely making it to become an army veteran and a wall street trader) but I cant say that all those guys had it so easy. They worked hard to get to the school at Columbia and believe it or not most did not make it to become the bankers that this clip would lead you to believe. Its easy to judge but difficult to relate that goes for all people
@@grsslgcy32 I made millions selling subprime commercial real estate loans as CDOs and let's not forget CDO squared instruments to banks who ate them up like the sucker they are... Nah, i'm still grinding it as a trader. Not doing anything silly just honest to goodness relative value trading lol.
I was seriously watching that video because I am a normal quantitative finance student until the very end when I heard POPPY HARLOW, PEWPEWPEWPEWPEWPEW
I don't like it how they don't even have enough seats to support everyone who want to take the course. Either restrict the amount of people who can register for it, or move it to a bigger classroom. I mean damn this is Columbia, even my current university doesn't have this problem. It just feels unprofessional to me, like the students aren't valued at all.
i am a columbia student. This happens because the waiting list of a course can be over 100 students, and most people on the list will show up anyways. However, Columbia have shitty classroom is a undeniable fact
The video is fairly miss leading. Most financial engineering graduates don't end up creating derivatives or make $150,000 right out of school, even in NYC.
+Andrew MacFie they work in consulting, risk management, corporate finance, marketing, and a variety of other business jobs. The statistics, math, and programming are easily applied to other jobs and industries.
Original map of Mexico I agree with you. I also thought they would make a lot because they are ivy league students. Some do go on to million dollar jobs however it isn't very common.
These guys have starting salaries higher than the guys working in IB. If you get into the top funds, you're making 2x to 3x of the guy doing IB at a bulge bracket.
Wall Street is generating billions of dollars for ordinary shareholders (people like you and me). Medicine and engineering isn’t the only way to help people.
Medicine is a difficult path and you don't really earn anything until you are in you 30s. Engineering doesn't make you as much money as hedge funds either.
Like Literally - not to mention, maybe he finds more satisfaction in helping cultivate young minds toward success and watching them grow with his instruction. Some people prefer to be a mentor rather than just chasing dollars. A lot of wall street people get so caught up in pursuit of the almighty dollar that they can become somewhat soulless. Maybe this guy just wanted to help people instead of that.
John C you guys are over analyzing my comment and on top of that the video over exaggerated the major, cultivating young minds Lol, how much do they pay to go there and 0:08 he’s more eager for the class to be smaller, and imagine paying over 60k a year and not being able to take a course, most of the titans are networked into it or your either mostly self taught , that’s the reality. Lol being ethical at wall street , everything is profit driven and high returns, ethics are up to the auditors... and the companies themselves...no one would invest their money if there aren’t returns... if the so call people are not money hungry they wouldn’t be in a profession where the main purpose is making a lot of money lol
I didn't say risk management was wrong. I was implying that risk management today is essentially the Fed's printer. What's the point of risk management when you have the Fed backstopping all of these equities that have no business coming back so quickly. Anyhow, if you are educated in risk management at a top institution like that one, then congratulations. You have the tools necessary to get a good job or trade on your own account with great skill.
Was working for a bank this 2008 era, scary time but very interesting especially with obama coming in.. 24 yrs old just making my bones and in comes AIG "too big to fail"
Wish I could study this, too bad my Math skills are doomed for life. Plus Compsci is such a headache as a newbie. Not to mention I never even reached Calculus in High School. I blame inequality
There are many more soul sucking jobs out there that people take and keep for years simply because they wouldn't know how to progress in their professional careers.
@@rmstitanic8607 I mean if making money brings you fulfillment, then go for it I guess. I just think there are greater and better things in life. The measure of a man is not the size of their bank account.
I feel sorry for these kids, the jobs just aren't there. Maybe in 2001 but the banking world has moved on, nobody wants silly derivatives anymore. Banking is no longer sexy. If you want to change the world, work in a tech company or do something you enjoy for a reasonable amount of money and be happy (happy people generally have fewer problems in life, money included). If you want to wear a suit, work in wall street. I was a 'quant'/financial engineer now I run a tech company... all that being said, wall street was a good way to earn a bit of cash without much hard work in the beginning of my career, for that opportunity I am grateful, but still, I wouldn't recommend it, least not long term as a career.
I studied finance major and I know what the finance is. We do not need so many people in finance. Engine of world economy is engineering technology, not finance. It is insane to borrow physics and chemistry concepts to finance. How can people use the same concepts in total different fields?
Warren Buffet has already given us some rules for good return in stock investment. If students want to be a good investor, just follow Warren Buffet advice. It is wasting money and time to go to school to learn this craft!
These posts against students going into finance are wrong in my view. I can confirm that finance is an important component of the American economy and fosters economic growth. I hold an economics graduate degree.
Why America always feels the need to exaggerate? I am math finance student working as a quantitative analyst in an index company in Europe and even without too much of an experience I can tell you something: "Financial Engineer", "Data Scientist", "Quant", "Megamind" or whatever the hell you want to call it are not a specific job, but a huge collection of different ones.
There is probably a demand for brokerage customer service, though. Pay's probably not 6 figures, but there will always be demand so long as work-at-home stock traders exist and/or grow in number.
Let's suppose you did it and have all the knowledge, how are you going to be employed as a Quant then ? unless you're applying it for yourself no Quant oriented bank is going to hired you , even those MSc struggle to get job as Quant as they compete again PhD Math and Physics guy so just imagine your case...
Major in "business" or finance --> 5 figure salary Major in statistics or computer science --> at least 6 figure salary Learning "business" isn't profitable anymore. You need to learn something concrete and difficult now to make money, like math.
Trading stocks and learning by 'winging it': 7+ figure salary It helps to know how business deductions work, as well as knowing how to file for corporation status.
@@-scrim You can find the caucasians in the gender studies class. No shit that the high paying majors are full of Asians. There's a reason why they're the wealthiest demographic. They're not idiots.
So many Chinese! looks like a little China Town that classroom!. Chinese are good at maths and hence they do well in Financial Engineering and Quantitative Methods. Also reveals that the balance of economic power is shifting away from the USA.The 21st century will be an Asian Century where nations such as South Korea, Singapore, China(including Hongkong) and Taiwan shall dominate markets and money centers.
Warren Buffet has already given us some rules for good return in stock investment. If students want to be a good investor, just follow Warren Buffet advice. It is wasting money and time to go to school to learn this craft!
Jing Yun He Don't be butthurt, let people follow their passions and interests. By the way, Mr.Buffet INVESTS (not the same as trading) in quantities around the millions which not many do. People like you always told me bullshit like "drop out of finance" or "why are you wasting your time doing that program" and I didn't listen to them. Now it feels great to have a 700K/year income as company CFO. Think before you comment, please.
I once asked my economics professor if he understood the stock market and his response was, “If I understood it, I wouldn’t be teaching.”
That's like asking a surfer if he knows about the diverse biology of the deep sea
I think he does understand it what he meant is that he can't predict the fluctuations in the market thus it's basically gambling. And no matter how much academia he does he can never predict something of that scale.
Teaching provides more stability rather than investing hours and hours reading Patterns f for something so uncertain. Thus it's better to be a professor.
Most who actually benifit from stock market are rich. You can be a shareholder in your own company and grow it it. You can scam customer like Wells Fargo and get rich. Or you can grow it time through diverse stocks ( index funds). But usually will require lots of time and most importantly a looot of money.
Lesson of the day: it's complicated
It's sad that your professor put it that way. It's misleading because it's misleads people to think people are professors because it's a life of luxury when in reality they just love what they do.
@@Coolguy-mk7hg Wells Fargo scams it customer?? I thought they were the most honest bank out there
@@MrGrenade121 it as a joke referencing when they had to testify to Congress because they were making fake accounts to lie to investors that so many new accounts were being made thus increase their stock prices. If there stock prices increase there millions of currents stocks would be worth more.
I'm not sure which bank is the most secure I would be lying if I tried. But Im not sure wells fargo is the best option after watching all the congress footage
"He's my quant."
Look at his eyes
"My math specialist"
My quan-ti-ta-tive
He doesn't even speak english
Look at him! do you notice something different ?
Sorry but a financial engineer is never going to be a “titan of Wall Street”. They might work for someone who works for a titan of Wall Street.
they're making millions while your struggling 80 hours a week for a $100K max salary
swuuggs I agree, what roles are those who work in the front office?
@@Robert-Sacamano Quants at Jane Street are pulling half a million in their first year. Source: I know some guys and I also work at a BB
.
swuuggs qualifying you comment yourself as you work at a bulge bracket... nice. Wow man you really are something lol. Same with you Alhussein you guys seem to be top tier elite guys. Hats off to you both and thank you for blessing the TH-cam comments with your qualifications and wit. Truly honored lol
Henry Dervishi who hurt you?
The problem with Bear and Lehman, wasn't that they didn't have plucky grads in their Risk Management Department, it was that regardless of who was there, they were ignored.
😆
The video title is very misleading: A job in the risk management function is not now -- nor will it ever be -- "the most wanted job on Wall Street".
That's the risk they have to take.
Most wanted job: Self-employed millionaire who's 'work day' consists of a few mouse-clicks a few hours a day.
If it were that simple
manictiger lol its more than that
You must be minimum wage
@@obscure913
Who? Me? Lolno. I've actually had trouble capitalizing all my networth into the market in a manner that gives me what I consider "acceptable risk exposure", so I've started switching over to real estate and precious metals as far back as 2018. So, yeah, that's performing ridiculously well right now. I could literally stop day trading if I wanted, but I'm a bit addicted to it. If you know you can make money, it's hard to pass it up.
@@manictiger I am going into actuarial science
I would love to see that professor's trading track record.
Carlos His trading record really doesnt matter because he was there thanks to his academic merit, which may not be relevant to his trading track record.
You don't need track record. You just need an Ivy League diploma to get in to prestigious banks and then you'll learn everything on the job itself
@Damnit Bobby You do not understand the difference between buyside and sell side trading. Banks don't trade directionally for profit, they trade client orders and have to mitigate risk in the process. The buyside like a quantitative hedge fund takes directional trade to profit. It doesn't make sense to ask a bank risk manager/trader to show his personal trading records because that's not what banks do..
@Lawrence L. People skills & connections ultimately > all other skills
@Lawrence L. My point was how good people skills and abilities can get you higher than diploma/some unique math/eco/programming knowledge.
Nothing else.
I have an MFE from NYU, I work in corporate finance in a big tech company.. The degree is pretty useless to get into banks and only a few make it because you will compete with actual Quant PHD's and mathematics degrees.. It's an overpriced finance degree, you can get the same material for half the price.. if you still want to make it there I suggest certificates, they are cheaper and almost same result.
I guess they use the degree to break into the industry, which is much difficult to do with certificates. I do agree that all the material is not worth the price they pay
But u said the main reason why ppl wont make it is because we are competing with Phds and mathematicians. If we gonna downgrade to just certificates, thats way worse isnt it?
This was an awesome reply @Mo 7. I just graduated with a finance degree from the University of Arkansas Walton Honors Program. I’m currently applying to a few graduate programs because I’ve decided staying in school may be my best option at this very moment in the economy. Corporate finance has always been one of my hopeful “end goals” for my education, I think I wrote about it in my scholarship essays around 5 years ago haha.
Would you care to specify what certificates I should focus on achieving to strengthen my resume for future employment in corporate finance?
What kind of certificates?
I would like to know what your undergraduate major was.
Ironic to see myself on this video. I'll admit im one of the lucky ones (started as a kid of a low class family just barely making it to become an army veteran and a wall street trader) but I cant say that all those guys had it so easy. They worked hard to get to the school at Columbia and believe it or not most did not make it to become the bankers that this clip would lead you to believe. Its easy to judge but difficult to relate that goes for all people
howd you turn out?
@@grsslgcy32 I made millions selling subprime commercial real estate loans as CDOs and let's not forget CDO squared instruments to banks who ate them up like the sucker they are... Nah, i'm still grinding it as a trader. Not doing anything silly just honest to goodness relative value trading lol.
Students paying hella money for Columbia and can’t get their classes
“Now that Wall Street is playing defense as regulations tighten” hahahahhahahahahahahhahahahahahah
PRINTER GO BRRRRRRRRRRR
I was seriously watching that video because I am a normal quantitative finance student until the very end when I heard POPPY HARLOW, PEWPEWPEWPEWPEWPEW
I don't like it how they don't even have enough seats to support everyone who want to take the course. Either restrict the amount of people who can register for it, or move it to a bigger classroom. I mean damn this is Columbia, even my current university doesn't have this problem. It just feels unprofessional to me, like the students aren't valued at all.
M Alc it's probably restricted, just a bunch of students who missed the registration show up hoping they can coerce the professor into adding them
I've heard Columbia's teacher's college is a lot like that too.
i am a columbia student. This happens because the waiting list of a course can be over 100 students, and most people on the list will show up anyways. However, Columbia have shitty classroom is a undeniable fact
english is my third language. As long as you understand what I mean then its good enough.
well my English is more fluent than some of my professors. You can judge my English when your third language is as good as mine.
The video is fairly miss leading. Most financial engineering graduates don't end up creating derivatives or make $150,000 right out of school, even in NYC.
What do they do instead?
+Andrew MacFie they work in consulting, risk management, corporate finance, marketing, and a variety of other business jobs. The statistics, math, and programming are easily applied to other jobs and industries.
but these are ivy league kids, i'd expect them to make more
Original map of Mexico I agree with you. I also thought they would make a lot because they are ivy league students. Some do go on to million dollar jobs however it isn't very common.
Not really. Most start out as analyst, and the salary while good, is not 150k starting...even for Ivy leagues.
why is this recommended for me now?
Lucas because you might be thinking about becoming a data scientist lol
@@grospipo20 ur a wizard
Because TH-cam knows that you want to work in wall street.
grospipo20 yes hahahaha
I
The algorithm is telling u to GET A JOB!! !!!
0:14 oh i see ryan from the office take the class.. i guess he wasn't done after mba😁
Wait poppy Harlow is a real reporter?
Life is a wonderful opportunity and an Amazing Journey.It must be Appreciated and Celebrated Happily, Hopefully and Abundantly.
They ended up working in San Jose/SF CA instead and made way more in the Sillicon Valley aka the new Wall Street
I thought this was going to be about investment bankers.
These guys have starting salaries higher than the guys working in IB. If you get into the top funds, you're making 2x to 3x of the guy doing IB at a bulge bracket.
Most of our brightest students don’t go into engineering or medicine. They go and become hedge fund managers or work on Wall Street. We are doomed.
No,they do hedge funds are a scam and are dying out
ikr, economics is a harder major.
It's not a zero sum game so we're never going to be doomed.
Wall Street is generating billions of dollars for ordinary shareholders (people like you and me). Medicine and engineering isn’t the only way to help people.
Medicine is a difficult path and you don't really earn anything until you are in you 30s. Engineering doesn't make you as much money as hedge funds either.
I tried the audio version book on Risk Management. But the dude on audio had my voice so I quit and had my protege read it for me 👍
Ovaltine...they should call it Roundtine. 😂
So why is the person creating Titans not insanely wealthy himself.
Did the man who invented college go to college
John C why would a professor who could possibly be a titan and rakes 7 million each year opt out for a professors salary, not a very titan move. 😂
I dont recall hearing his annual income, as a professor or otherwise. Can you elaborate? Where is it said that he doesn't have a worthy income?
Like Literally - not to mention, maybe he finds more satisfaction in helping cultivate young minds toward success and watching them grow with his instruction. Some people prefer to be a mentor rather than just chasing dollars. A lot of wall street people get so caught up in pursuit of the almighty dollar that they can become somewhat soulless. Maybe this guy just wanted to help people instead of that.
John C you guys are over analyzing my comment and on top of that the video over exaggerated the major, cultivating young minds Lol, how much do they pay to go there and 0:08 he’s more eager for the class to be smaller, and imagine paying over 60k a year and not being able to take a course, most of the titans are networked into it or your either mostly self taught , that’s the reality. Lol being ethical at wall street , everything is profit driven and high returns, ethics are up to the auditors... and the companies themselves...no one would invest their money if there aren’t returns... if the so call people are not money hungry they wouldn’t be in a profession where the main purpose is making a lot of money lol
I need a job in wall street
Glad I could take it !.
Life is just to Love and to be loved ❤️💜 Love alone can Conquer the World.
It's not the money they want it's the power
the ilusion of power
MIT = Made In Taiwan
Risk Management = BRRRRRRRRR
K K what’s wrong with risk management in your view
I didn't say risk management was wrong. I was implying that risk management today is essentially the Fed's printer. What's the point of risk management when you have the Fed backstopping all of these equities that have no business coming back so quickly. Anyhow, if you are educated in risk management at a top institution like that one, then congratulations. You have the tools necessary to get a good job or trade on your own account with great skill.
r/wallstreetbets is my education
These kids don't know Jack. Another history class.
These guys and gals are not "kids" At least recognize their age.
this was in 2012???
Martin Haugh in his Elusive Best
When classrooms used to be full
how are they now?
Online
Why was the faculty is not the Titan of wall street when students are global Titan of wall street
for fuck sake.
..i thought this was a recent video....when the marging call reference came in i checked the upload date ....
Was working for a bank this 2008 era, scary time but very interesting especially with obama coming in.. 24 yrs old just making my bones and in comes AIG "too big to fail"
Smarties
They look like they already know there gonna be working a shitty job for a high pay
GREETINGS AND LOVE FROM RAVINDER TALWAR JALANDHAR CITY PUNJAB INDIA
Thank good you tube has comment section.
Wish I could study this, too bad my Math skills are doomed for life. Plus Compsci is such a headache as a newbie. Not to mention I never even reached Calculus in High School. I blame inequality
The amount of Asians in there 😂
Poppy Harlow ceiling gang????
Best marketing to gain RM into Dow Jones custodian.
The asian quant stereotype is strong.
Do you guys realize this video is 6yrs old?
Oh shit
0:31 Tai Lopez?
lmao, nope just a dude that looks similar
Ai will replace them one day or their salary will drop due to machines
Good thing I’m majoring in robotics then 🤷♂️
@@prcytekuin5635 good choice
Besides making $, what contribution do these folks make to society? What an unfulfilling career (well, at least for me).
These guys work to live, not live to work
There are many more soul sucking jobs out there that people take and keep for years simply because they wouldn't know how to progress in their professional careers.
Not to mention that they also pay minimum wage.
They make a ton of money, how is that unfulfilling?
@@rmstitanic8607 I mean if making money brings you fulfillment, then go for it I guess. I just think there are greater and better things in life. The measure of a man is not the size of their bank account.
My goal
Poppy Harlow
The mistake is calling "kids" to people between the ages of 21 and 23.
Read Nassim Taleb's Incerto, it's all you need
Fellow NNT follower here. Your comment should have gotten more likes.
I see my Quant.
I might as well start a cartel and launder my money through one of these financial institutions. All these people will be miserable
Do not talk bullshit please
I feel sorry for these kids, the jobs just aren't there. Maybe in 2001 but the banking world has moved on, nobody wants silly derivatives anymore. Banking is no longer sexy. If you want to change the world, work in a tech company or do something you enjoy for a reasonable amount of money and be happy (happy people generally have fewer problems in life, money included). If you want to wear a suit, work in wall street.
I was a 'quant'/financial engineer now I run a tech company... all that being said, wall street was a good way to earn a bit of cash without much hard work in the beginning of my career, for that opportunity I am grateful, but still, I wouldn't recommend it, least not long term as a career.
It is not wise to go finance, but engineering that smart kids can build something physical and something useful.
Both of you have no clue what you are talking about.
I studied finance major and I know what the finance is. We do not need so many people in finance. Engine of world economy is engineering technology, not finance. It is insane to borrow physics and chemistry concepts to finance. How can people use the same concepts in total different fields?
Warren Buffet has already given us some rules for good return in stock investment. If students want to be a good investor, just follow Warren Buffet advice. It is wasting money and time to go to school to learn this craft!
These posts against students going into finance are wrong in my view. I can confirm that finance is an important component of the American economy and fosters economic growth. I hold an economics graduate degree.
and we still crashed here in 2020. Yes the COVID19 had something to do with it, but it was also too much risk and too long of a Bull Run
Wall Street hiring Zombies @ 0:16
Wait until they find out most quants have shit returns. Oh you work at AQR? That is cute..
The Bitch of Heaven brings me sugarless Chocolate on a stick
They make like a million a yr
Really???? Please answer my ques which job in wall street makes highest money
Markets are easy to read and I bet most of the people in that classroom, professor included, couldn’t read a simple TA.
They are the one creating the indicator you use on your chart (I used to be a Price Action Trader) so be careful with your assumptions.
Please don't call it engineering
Margin call😁
Why America always feels the need to exaggerate?
I am math finance student working as a quantitative analyst in an index company in Europe and even without too much of an experience I can tell you something: "Financial Engineer", "Data Scientist", "Quant", "Megamind" or whatever the hell you want to call it are not a specific job, but a huge collection of different ones.
Yeah but then you have to work on Wall st. with all the stuffed shirts suffering from anxiety.
RIP Poppy Harlow
Who would win?
The most wanted job on Wall Street
vs
Bat soup boi
haha I’m racist guys do you like me now? desperate much?
Paytick you’re openly racist?
wall st. jobs are dwindling, most of work is being automated.
There is probably a demand for brokerage customer service, though. Pay's probably not 6 figures, but there will always be demand so long as work-at-home stock traders exist and/or grow in number.
except stock traders are being replaced by algorithmic software.
Why not just search online for the course then read the material for free fools. Schools are business that charge way too much.
Let's suppose you did it and have all the knowledge, how are you going to be employed as a Quant then ? unless you're applying it for yourself no Quant oriented bank is going to hired you , even those MSc struggle to get job as Quant as they compete again PhD Math and Physics guy so just imagine your case...
Pew news
So much asians
So?
these blokes dont need jobs, they have hindsight
Major in "business" or finance --> 5 figure salary
Major in statistics or computer science --> at least 6 figure salary
Learning "business" isn't profitable anymore. You need to learn something concrete and difficult now to make money, like math.
that's false my dude. work on the street and you'll understand.
Fræ
You are 1000% correct
Trading stocks and learning by 'winging it': 7+ figure salary
It helps to know how business deductions work, as well as knowing how to file for corporation status.
manictiger
care to elaborate mate? sazcash39@gmail.com thank you
No elite schools have business degrees dumbass. Nobody in this room has a business degree
Don’t do this only for money. This job is too difficult
Are you a quant?
Ok
Are you sure this is America? It doesn't look much like it.
It's not their fault that they're smarter than others.
@@mrnotfhacof837 Irrelevant.
@@-scrim well you guys try to remove asians from schools with affirmative action so I guess we need more democrats:)
@@-scrim You can find the caucasians in the gender studies class. No shit that the high paying majors are full of Asians. There's a reason why they're the wealthiest demographic. They're not idiots.
@@animerocks2468 Irrelevant.
$$$$$$$$
🌶️ 🌙
2 late ha
Such a waste of intellectual talent.
Look kids, i'm gonna give you a good advice, the secret of trading is taming.
“Financial Engineer” = Invent Money
So many Chinese! looks like a little China Town that classroom!. Chinese are good at maths and hence they do well in Financial Engineering and Quantitative Methods. Also reveals that the balance of economic power is shifting away from the USA.The 21st century will be an Asian Century where nations such as South Korea, Singapore, China(including Hongkong) and Taiwan shall dominate markets and money centers.
why, you think India is dogS***?
Fuck u
Good maybe we can become more like Denmark and stop getting involved in war after war.
They need Chinese bankers because they will be deployed in China for investment banking.
looks like Chinatown? I think u are either too stupid or ignorant.
No while kids
they should get a real job which would create value, money as we know it is losing it's sole reason for existing - people's trust
Warren Buffet has already given us some rules for good return in stock investment. If students want to be a good investor, just follow Warren Buffet advice. It is wasting money and time to go to school to learn this craft!
Jing Yun He Don't be butthurt, let people follow their passions and interests. By the way, Mr.Buffet INVESTS (not the same as trading) in quantities around the millions which not many do. People like you always told me bullshit like "drop out of finance" or "why are you wasting your time doing that program" and I didn't listen to them. Now it feels great to have a 700K/year income as company CFO. Think before you comment, please.
He does not take risks. You can do that with money of your clients, but not if you want to start trading with a low budget...
I agree!!! I follow Warren Buffet and new to dividends
Jay Zee bullshit, you only make 7 grand a year. This is America zee, go home!! Trump owns you. :p
Jay Z. ...
Xb. ...........
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Lmao as a profitable trader, reading the comments about salaries are really funny
Fake news.
Is this China or New York ? What a joke
Jealous
Clickbaited I was here for the Waifu on the thumbnail