My profile - Tushar K

[tuskul]

Hi Everyone !

I have been a latent member of the forum, would look forward to becoming an active member now. My profile is below, I welcome any feedback/suggestions:


Work Experience: I have been working in foreign exchange and fixed income derivatives for the last 3.5 years with Private Sector Banks in India.

Academics:
MBA (Finance): SPJain Institute of Mgmt and Research, Mumbai
Graduation : BA(Econ-Statistics), St. Xavier's College, Mumbai
Completed Financial Risk Manager (FRM) Certification organized by Global Association of risk Professional (GARP) in Nov 2003.

C++ Programming – Intermediate

GRE : Q:780; V:580; AWA:5.5

Cheers!
Tushar

[RussianMike]

Sounds like an interesting, strong profile. Why are you interested in MFE? What do you expect from this program?

[Yan He]

HI, Tushar, I think you've already stepped into the world of IB. You have a strong profile and good luck. Welcome to the board.

[woody]

Hi Tushar, from your profile, you seem to be a good fit for the program. I think you would like what we do. I'd be interested in hearing how you think a MFE would further your career.

[tuskul]

Hi Yan He, Woody, Russian Mike

Thanks for your appreciative and encouraging welcome.

About my career plans, I believe MFE would help me to deepen my knowledge base into derivatives. Though I have been actively associated with the field and have studied many of the subjects during my undergraduation/MBA - I feel it is only through focussed study I would be able to gain expertise in the field. I also intend to pursue a Ph D at a later stage.

Also, I believe MFE would be a catalyst to speeden up my career growth.

Woody, I understand that approx. 8% of the students target a Ph D after graduating from Baruch. What are the options available if one wishes to pursue Ph D after 1-2 years post-MFE? Does the industry support research initiatives ?

and Yan He, I would keep my fingers crossed for good luck :)

cheers
Tushar

[dstefan]

Woody, I understand that approx. 8% of the students target a Ph D after graduating from Baruch. What are the options available if one wishes to pursue Ph D after 1-2 years post-MFE? Does the industry support research initiatives ?

Usually, people go full time for a PhD, so there is no question about industry support. Our graduates actually went for a PhD directly out of the MFE. The profile of our students is evolving, and I do not expect anyone from the current class to do so.

Some of our alumni, successful in their work in the financial industry, keep contemplating going for a PhD (in Finance or mathematics). They are not acting on it just yet, the better the compensation, the harder it is to give up the income for four-six years.

Bottom line: go into the MFE with an open mind, work in industry upon graduation for a couple of years, and make a more informed decision after that.

[luso]

Welcome Tuskul,
Dan is very right about that. The MFE opens a window for you. You will get a taste about different things, they ranged from very hands-on stuff like derivative programming, or very practical investment operation, to some very research based mathematical/financial topics. After that, you will know better what do you really like to do. For most of us, MFE maybe our final degree in our life. :) Of course some of us after completing MFE, and feeling it is not enough, so they went on for their PhD study.

Remember most of the PhDs working on the Street (someone told me more than 75%), had their PhD degrees (mainly hardcore science/engineering) way before they know they will work in financial industry.

Unless you are very sure that you heard such a call in your life:" I want to get a PhD in XXXX, because I really love XXXXX." If not, I won't suggest you to go for a PhD directly.