I have PhD in Electrical Engineer. I have both academic and industrial. Now I am thinking about switching to finance. I think that many corporate could use my technical experience in engineering in evaluating companies and their stocks with respect to their product. But I do not know how to start the search.
2006-07-27 12:56:20 · 2 answers · asked by need to know 2 in Business & Finance ➔ Investing
Why dont you try getting a Masters in Financial Engineering. A number of universities offer it. With your educatoion already it shouldnt take much. And it should be a good transition. You might also consider taking the Chartered Financial Analyst exam.
2006-07-27 13:56:11 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
Corporations are rigid when it comes to experimentation like trying an electrical engineer for finance positions. It rarely happens.
The starting point for you would be security analysis companies. Ameritrade, e trade, Schwab, and big banks involved in securities would be interested in your type of background.
Suggest that you analyze a few companies based on your electrical engineering knowledge and transform that to security analysis. You need to show a compelling reason as to why your analysis is any better in the long run. Derivatives( options), bonds and foreign currency markets constantly look for analysts who can come up with a better system of analysis. If you can write a white paper on that and attach it to your introductory letter to various companies similar to a few I have mentioned, you may have a better reception.
Good luck.
2006-07-27 13:13:51 · answer #2 · answered by zitti 2 · 0⤊ 0⤋