<p>So how long is the average life in the trading room? I've heard it it under four years. So maybe the question should be to find the college that trains a student for a life post-trading room?</p>
<p>Mini, are you talking the average life of a trader?</p>
<p>I'm hoping you can take a few classes in a trading room and a few classes that train a person for life.</p>
<p>Average life "as" a trader in a corporate trading environment.</p>
<p>Of course, on the Internet, you can do it forever, rather like posting on cc. (You might gain more "value" on cc, however.)</p>
<p>mini - one of my best friends had a long career on Wall Street and Wall Street "west" (Pacific Stock Exchange). It is true that his years in the pits/on the trading floor were only a part of that long career. However, he had significant roles in management of traders, developing technologies as trading became more automated (after all, we are geezers here), managing the "back office" operations etc. So, for someone who craves the action of the trading floor, there is a career path beyond that, should there be burnout. The point is well-taken, however, that one might want to use the college years to prepare for more than the hours "in the pits". Heck, I don't even know if there is such a thing or place anymore with the way trading is done today - I'm way out of my area here (Stanford MBA or not).</p>
<p>Mini, I'm not sure you gain more value being on cc. :)</p>
<p>jmmom, you are talking option floor, right? Did your friend trade on the PSE during the 80's and 90's?</p>
<p>Jeez, dstark, I don't even know whether option floor or what. He was a member of the PSE in the 80's (and before). Moved to San Diego in 1989.</p>
<p>Did he work in LA or SF? I know a George that moved to San Diego.</p>
<p>SF. Not George, though.</p>
<p>Jmmom, how many traders could have moved to San Diego? :)</p>
<p>I think we have officially hijacked this thread, dstark ;). but since you started it, I guess we get OP dispensation. :)</p>
<p>Hey, I can't find anyone with experience with the Wall Street 101 program so the least I can do is find out if we know the same person. :)</p>
<p>dstark </p>
<p>She is considering Marketing as a major. We looked at every school in the northeast that offered an undergraduate business degree that she had a chance at admission. Her grades are decent but her SATs are not stellar, so we were not considering schools like Penn and NYU/Stern. Boston College was impressive but probably out of reach.</p>
<p>Babson was the initial favorite, but we grew concerned about the
excessive workloads, especially for freshman year. The curriculum seemed well-conceived, but D was not ready for this (yet?).
I also did not want her to have to compete to get into the business program sometime in the middle of her studies, so this ruled out schools like Penn State.</p>
<p>This is her final list in order</p>
<p>Bentley (ED)
Northeastern
Quinnipiac
Susquehanna
Elizabethtown</p>
<p>nightfly, Those were all very good choices, but Elizabethtown does not have accreditation by the Association to Advance Collegiate Schools of Business.</p>
<p>Nightfly, good luck to your daughter.</p>
<p>northeastmom - yes, that is true. </p>
<p>AACSB is a useful benchmark, but it is strongly biased toward schools that have master's programs; certification is rare for programs not offering an MBA degree. In fact, Susquehanna is the only one of which I am aware. Elizabethtown is on the upswing and is in-route to getting this certification - it is apparently fairly arduous and takes time.</p>
<p>I was very impressed with the way Elizabethtown's Business department and the school as a whole was administered.</p>
<p>dstark -
Thanks for the support! It has been a long journey...</p>
<p>nightfly, I know of someone at Elizabethtown and very happy. She went in undeclared I believe (definitely not as a business major). </p>
<p>nightfly, what is so important about AACSB, besides its standards, is that if one wanted to go to grad school, coming out of a school with this accreditation counts (it is sometimes tougher for admission when one graduated from a school without the accreditation). I have, however, been informed that it does not have the same meaning that it used to.</p>
<p>good luck to your daughter nightfly and to you dstark as well!</p>
<p>Thanks Dunkaroo. I hope you find a school you like.</p>
<p>Dunkaroo- Ditto for you. I used to live in State College and loved it there. I am sorry that it is not to you liking.</p>
<p>Also, I appreciated hearing your take on Babson since it mirrored my own observations closely. I have no regrets passing on Babson.</p>