debt is fake. lets go! your loans will get forgiven!
my school just graduated its first pharmd/mba this year. another 100k debt + another year, and now he works for iqvia as a "consultant". glassdoor says it's a barely 100k job. i have no idea if the extra 3 letters made financial sense for him though
the dreammmmm. actually I decided to work in hedge fund for 3-5 years. Depending if I can retire on that money I will or go for Chief Risk Officer in the hospitals or C suites in one of these chains lol. My backup is software engineering cause its easy. CFO I wont mind either. But I just want a easy life lol
my school released a mba program for tableau with MBA, what do you think about it? Data analytics as a tool like robinhood LOL. well yeah it doesnt do anything, just helps you get a promotion maybe
part-time ms in ds + ms in cs will be another 3-4 years for me. officially done with all schooling by 2023?
To be frank I think you two could use a dose or two of humility.
oh come on, this forum is kinda like no man's land. full of pessimism and sarcasm, yet no one is trying to offer any sort of useful advice that realistically works.
Energy vampires
i get much more helpful input and career advises from applicants and other working data scientists graduated from the program on reddit in just a few clicks. here? i guess no one takes it seriously any more.
I can send you a pdf on how to start a tech company or hedge fund
There you go again 🙂 You're underestimating what it takes to go to a good hedge fund and overestimating both the average stay time of an analyst (2-3 years) and the value of your data skills. Where the PharmD would have most synergy is L/S hedge funds that don't incorporate much data science. The Jane Streets, DE Shaws and Optivers that favor HFT have an army full of T20 CS and PhD candidates to pick from.
Agreed - that doesn't really change what I wrote. You don't need to spend your time denigrating others. And as I recall you received advice in your own thread about next steps.
you probably didn't read the part of me having connections or being mentored by a phd in math who is in a hedge, already plus the combination of someone actually owning a hedge fund who is also showing me the ropes.
well, you have to put into perspective. snapchat interns earn 10k a month + benefits, and it's not the only company offering this kind of pay to interns.
For every person at Snap, Adobe, FAANG, etc making ~200k starting, you have another SWE at Goldman making 120k and another at HP making 80k. i.e. you are comparing the top of the distribution with the middle, and further undiscounting the CoL associated with living in SV.
I know and work with enough of the types of people you speak of to understand what it takes - that's all I'll say.
I said MBA is more for promotions. It depends on how you leverage it. But for most new grads it won't do anything
I said MBA is more for promotions. It depends on how you leverage it. But for most new grads it won't do anything
Well someone can always go project manager...
of course a harvard mba grad can always work as a janitor, but if you read carefully, i was referring to ROI of an mba on top of pharmd.
Except I don't, and I'm not. I've already spoken about the value of MBAs in other posts. Your point about CFA only applies to HF, ER and AM - it has little ROI anywhere else.
I don't think it's in contention that salaries for those firms are higher and I don't think that's ever been debatable. My point is - I don't think you need to spend your time denigrating others.
seriously, if he doesn't want a lucrative career, then why bothering go for mba, which carries 100k+ tuition cost and additional year? the time value of money concept is taught in every intro to finance course. as a iqvia consultant, he has to accumulate 3-4 years for the company just in order to start to match tech internship pay 3 years ago?
Works 1 day in retail & gets absolutely slaughtered...I've seen it plenty. Academics do not necessarily translate well into real-world skills/experiences. These type I notice tend to overthink everything initially & have decision fatigue initially until he/she gets the hang of things/learns how to adapt to the environment (that is if he/she can last long enough, not endure mutiny from veteran RPh/technicians, booted/turned into a floater by DM, etc.)
As a Vampire, I take major offense to your insensitive comment (type of reactions you will get from customers in retail)
I think you are seriously over-reacting. read my post again and tell me how i denigrated him. i said "i have no idea if the extra 3 letters made financial sense for him though.", and that was my only comment. The previous 2 sentences were just stating the fact. So what triggered you?
then you know your pharmacy p
then I don't think you know the industry well. As I said before I'm doing it everyday with them. What you do is see, I actually do
I know two military people who do really well in hedge funds. And he says he isn't the smartest but he has his own rules. The purpose of this thread is to see which combination fits. As I said earlier MBA does help, if you know how to leverage it. You can go into a lot of different fields but it doesn't always pay better
Possible I misinterpreted. 🙂
CFA > MBA in finance. Even a CPA > MBA. Marketing > MBA. MBA is a generalist, but its good to know a lot of different things
i think the most cost efficient way is still work from bottom. when time is right, let the company to pay for eMBA, or get it as cheap as possible.
I asked the students the curriculum, its basics. marketing, accounting and finance. Plus working in teams and managing, its really good for management and being a generalist. And its possible to branch out to different fields.
I actually took and passed CFA level 1 a few years back, before pharm school. I think it might be overvalued though. level 1 was just read balance sheet, some micro/macro econ stuff, some calculation and ethics.
yes unfortunately... the system is there just to make money.
and there is many people taking CFA for fun now. I did, and the guy who sat next to me during the exam was a Salesforce SDE also did.
The FRM maybe where its at. Corporate Risk
A students work for B students, C students run the business, and D students dedicate the buildings 😛
actually some techs brought a pharmacy and made pharmacist run it... you just need the basics of MBA... since the dual programs are new there is no network. You can also find a bunch of MBA new grads who don't know how to leverage the MBA in their favor
www.wsj.com
I think you are missing the point...what others have said, getting ahead of yourself & putting yourself in a leadership position/managing others. Good luck managing other people who have absolutely no respect for you. You may do great with a non-patient centered position
