The number of liberal arts majors in the investment industry has diminished in recent decades. The industry and universities need to do more to promote the career path.
I should have added in the post that NYU professor Aswath Damodaran's corporate finance and valuation courses, which he's generously shared for almost two decades now, were an invaluable resource to me early in my career. https://pages.stern.nyu.edu/~adamodar/New_Home_Page/onlineclass.htm
It often feels like fundamental analysis is being eclipsed by indexing and algo trading these days. How many more job listings do you see for quant analysts (Citadel hiring meteorologists!) vs those with a rich analytical background well suited toward fundamental analysis?
That's been the trend for sure in the last few decades. There are myriad reasons for the shift, but there are also plenty of opportunities for students, investment firms, and universities to do more to promote the career path. Active equity investing isn't the only end, either.
Damodaran’s book Narrative and Numbers does an excellent job at depicting the importance of hybrid skillsets. Narrative without numbers lacks rigor, numbers without narrative lacks soul.
I should have added in the post that NYU professor Aswath Damodaran's corporate finance and valuation courses, which he's generously shared for almost two decades now, were an invaluable resource to me early in my career. https://pages.stern.nyu.edu/~adamodar/New_Home_Page/onlineclass.htm
It often feels like fundamental analysis is being eclipsed by indexing and algo trading these days. How many more job listings do you see for quant analysts (Citadel hiring meteorologists!) vs those with a rich analytical background well suited toward fundamental analysis?
That's been the trend for sure in the last few decades. There are myriad reasons for the shift, but there are also plenty of opportunities for students, investment firms, and universities to do more to promote the career path. Active equity investing isn't the only end, either.
Damodaran’s book Narrative and Numbers does an excellent job at depicting the importance of hybrid skillsets. Narrative without numbers lacks rigor, numbers without narrative lacks soul.