<p>hi guys well first I want to thank eeryone on this forum since you have all been so useful in assisting me in molding a proper path for my Studies in the field of finance.</p>
<p>Right now I am thinking of a path to creating my own financial firm pobably focusing on investments. My probable senario (Im senior in HS currently)</p>
<p>Graduation from baruch with BBA in finance/investments and a minor in accounting, work as a Financial or investment analyst or researcher at my uncle's firm (he made it 2 years ago so it's still fresh), graduate from Harvard, Wharton or such school with a MBA. </p>
<p>So I have questions about my employment and stuff. First of all to get into a top 10 MBA program, will I need to work somewhere else rather than my uncle's firm after I get my BBA? I mean it seems likely to me I should work at A bigger firm such as Morgan Stanley maybe as a analyst.
Question two, after I graduate from a top 10, what next? Do you think I will have enough experience to be a successful stock broker or portfolio manager?
Question three, is there any chance I can possiby become an investment banker or am I too late (I doubt I can get a investment analyst job at a top firm/bank while graduating from Baruch college with a BBA..</p>
<p>How big is your uncle's firm, and how large does he want it to get?</p>
<p>I personally feel that it's difficult to draw out a detailed strategy more than 5 years out. It's a good idea to have a lose knit strategy, which you do, and then be flexible enough in life so that all the curve balls that will be thrown your way don't hit you. Focus on doing good in your undergrad, networking with profs and peers, and resume writing. Get internships that are not at your uncle's firm and use his firm as a fall back. Do this, and then ask yourself what the next step should be in 4 years.</p>
<p>it has 2 offices right now (long island,NY and one somewhere in NJ) and he plans to open one in Houston and Chicago in the coming years. To be honest I don't quite know what people mean by networking so can you elaborate on that? Although I understan what you mean about not going in depth on creating a plan for my career I prefer to do it because I want to know what it's like if I were to pursue a career as a stock Broker, an investment banker, or something else in finance. What I really can't understand is how a person becomes a broker.. I saw pursuit of happiness and will smith started off in the streets and ended up as a broker.. My uncle come here 20 years ago and worked at a gas station, started selling insurance, then became vp in marketing and sales in metlife, then nationwide, now has a franchise with unify and his own financial firm and makes half a million a year.. So how would I become a broker if I come from Baruch, where would I work before I get it MBA and what will happen then? I read that a broker needs experience with the stock market, a good client base, and a good sales expertise before he can be successful as a broker.. What jobs would I have to do to build those things?</p>
<p>Honestly, it's not hard to become a broker. You'll find that many are pretty stupid.</p>
<p>Work with your uncle during the summer before college and going into your sophomore year. Take the chance to learn about the functions of the firm, what the different jobs are, etc. And ask him to sponsor you for a license-- To be a broker (or work in virtually any client side position in a financial firm), you need the Series 7 license. It takes a decent amount of preparation to get, costs a few hundred bucks (especially when you include the study materials), and requires sponsorship from a Finra member firm. If you get that before you even enter college (or sophomore year), you're already way ahead of the competition.</p>
<p>and in all honesty, you should really just spend some time talking to your uncle.. I'm sure he'll be able to help you and has a better grasp on your traits than any of us</p>
<p>ok thanks but don't I need sufficient knowledge of the stock market before I get the license? At the moment I'm clueless.. And I've never worked in a sales position. And how do u build a client base at my age lol?</p>