View Full Version : Finance Sector: Trader / Technical Analyst

08-22-2010, 07:40 PM
Hi guys, wonder if anyone could give me advice on the following. My NS term is going to end in a few months time and I'll be entering uni soon. Currently I'm holding a place in NUS Biz Ad with a concurrent Masters of Science in Management and a NUS Biz School Study Award. However, I'm still unsure if it is the course for me in terms of what I hope to do in the future. During my 2 years in NS I've taken up trading courses, mainly Technical Analysis based and I realised I really like it. I hope to enter the finance sector in the future and hopefully during my uni time, I'll get to do Techinical Analysis (chart reading, future price prediction) related stuff.

Was wondering if a Biz Ad degree with a finance major would be beneficial for aspirations like mine or would a Economics/Mathematical degree be better? I'd fancy the Biz course because it revolves heavily around presentations and presentations are where my strengths lie.

Any advice would be greatly appreciated :)

08-22-2010, 11:29 PM
to be a quantitative analyst you need to have quantitative and often, programming skills - engineering, mathematics, mathematical economics, computer science etc are all good. a trader also requires quantitative skills. i highly doubt a bizad degree would do the trick.

09-05-2010, 04:12 PM
A major in finance in the Biz Ad course? Would that provide the neccessary quantitative skills?

09-05-2010, 06:36 PM
I hope to enter the finance sector in the future
hello, may i ask if which part of the finance sector are you talking about? stocks trading, wealth management, consultancy, investment banking or real estate? there are lots of different roles people assume in the finance sector, so you have to be a little more specific.

as for NUS biz ad, I think it's a degree which would enable you to meet more people and network. If you are looking for quantitative skills and not soft skills (which you are already strong in), go for mathematics and economics degrees, which put you in a better stead than someone, with lets say, only a business degree.

During my 2 years in NS I've taken up trading courses, mainly Technical Analysis based and I realised I really like it.

based on what you said on technical analysis, price prediction and futures trading, I am giving a guess that you are aiming for investment banking (where all the $$$ lie). For that kind of job, I am quite sure a local uni just doesn't cut it. Only the top students get to have interviews with the banks and they must have prior internship experience, where you have to network your ass off and pull some strings to get during your school holidays. Even so, banks only take a select few under their internship wing (they can afford that because of the 8k starting pay they dangle before you) . banks tend to look more on the prestige of the university itself rather than the degree and are well-known for focusing their recruitment to only ivy-leagues and a few target schools in the UK and asia-pacific region, you might want to google "target schools for investment banking" . I have heard of history and ethics students from yale and princeton getting into investment banking although they have no prior knowledge or whatsoever. All that said, do try to widen your options and do a more specialised undergrad degree such as mathematics or economics, you would be better off with an MBA after your undergraduate studies.

09-06-2010, 07:08 PM
what if say I'm looking into the consultancy or corporate training fields? wpuld the biz ad degree be more useful then?

09-14-2010, 10:21 PM

sorry for hijacking this thread, but may I ask what's the trading course which you took?
If possible can I have a link?

thanks lots!

09-19-2010, 10:41 PM
Hi I think im in a similar situation as u. I am interested in a job as a financial controller or analyst.

I am currently offered the choice of double degrees in business and Accountancy, or a double major programme in business (specialise in finance) and economics.

The difference between a double degree and double major is that a double degree will have another degree scroll, while the double major will only be a reflection in my transcripts.

Personally, I have more interest for economics. I believe the macroeconomics perspectives will help me a lot as an analyst. However, my family have advised me to take up accountancy, as it is more "practical", and will be more relevant should I decide to be a financial controller.

May I know what are the industry requirements for both careers, and which of the 2 choices do you think will have more career opportunities, and perhaps more sought after when i apply for grad school?

Thanks in advance (: