Forums  > University  > Medical Complications - chances at S&T  
     
Page 1 of 1
Display using:  

dk2394


Total Posts: 3
Joined: Jun 2015
 
Posted: 2015-06-27 08:52
Hello,

I was in my junior year of university at Baruch College in NYC studying Statistics and Quantitative Modeling when I had some serious medical setbacks. For these reasons, it looks like I will not be able to attend school for the next 1 - 2 years. I have already missed one year of school.

I am currently reading Hulls Options, Futures, and Other Derivatives as well as Trading Option Greeks by Dan Passarelli and also am teaching myself some R and Python. Besides these things and trading (looking to open an Interactive Brokers account sometime next year) what can I do to increase my chances at getting a trading job at a BB or decent hedge fund/prop firm??


How would you expect recruiters or traders to feel that regarding the hiatus I am taking from school?

Thank you.

dgn2


Total Posts: 2043
Joined: May 2004
 
Posted: 2015-06-27 16:21
The reason for the hiatus is important. What any employer needs to know is whether you are healthy enough to work. An employer likely legally can’t ask you, but if you can provide something to demonstrate that you are able and willing to do good work that will go a long way. Think about it from the employers’ perspective. Hiring can be a very expensive proposition. How do you demonstrate that they are not taking too much risk in hiring you? The best way – in my opinion – is to demonstrate that you can excel doing the work they need from you.

In many respects, the hiring process at many places begins with a huge list that has to be reduced to a short list. The first step of that process often involves mechanical filters. When faced with a process like that, a gap in your CV can be a significant disadvantage. My advice would be to find a way around that sort of process (i.e., if you can't win that game, rotate the problem and find another way in). That probably means you need to network. I don't mean just talking to people, I mean find something useful to do for people who don't have time. If you have some time for study you have some time to work on small projects for others who don't have time. Time is a huge advantage. The trick is to do something with that time to get an edge.

Trading can be emotionally challenging. A person who has faced - and overcome - significant medical problems learns something you can't get from reading books. That is life experience. Use that experience. When you are sitting in a (relatively) big drawdown and you have to keep following your process to earn your way out it is likely very similar to working your way through any significant challenge, including a significant medical setback. In my opinion, medical problems - particularly when you are young - resemble the sort of challenge you may face in trading at times. If you have the resolve to work your way through medical problems you may have the resolve to trade. That is just one element of trading, but it – again in my opinion – is a very significant contributor to success.

...WARNING: I am an optimal f'er

dk2394


Total Posts: 3
Joined: Jun 2015
 
Posted: 2015-06-27 20:31
Thank you for your insight.

I am largely tied down to my home at the moment but I could see myself posting on craigslist or going to the occasional meetup group and seeking mentorship/tutoring in exchange for completing assignments. Does this sound like a valid idea? Currently I am telecommuting for a year long equity research internship, but once I am done with it I will be eager to seek more employment.

dgn2


Total Posts: 2043
Joined: May 2004
 
Posted: 2015-06-27 21:24
Yes. There is no reason why you can't telecommute, especially as you pick up more skills, although you gain a lot by being able to work physically alongside your co-workers. There is the potential that people on these boards will offer employment opportunities if you show a little initiative. This is particularly true if you are looking for project-based work. I personally am not in a position to hire you full-time at the moment, but I am looking for ways to free up some time. There simply aren’t enough hours in a day for me.

...WARNING: I am an optimal f'er

dgn2


Total Posts: 2043
Joined: May 2004
 
Posted: 2015-06-27 21:26
Send me an email if you have specific questions that you don't want to post.

...WARNING: I am an optimal f'er
Previous Thread :: Next Thread 
Page 1 of 1