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Was this man foolish to quit JP Morgan for an MBA?

On a relatively unknown student website, Business Because, we came across an interesting interview with Yu Tian, a JPMorgan associate who's voluntarily quitting his job in the current market to study an MBA at Imperial. In doing so, he is set to spend 80k on fees and living expenses.

To relieve you of the need to read the entire article, we've summarized the relevant points as follows:

Current position: Equity fund associate in JP Morgan's UK equity pricing team, based in Edinburgh

Position aspired to: Long term goal to set up 'own equity reporting firm.' Short term goal to get into 'international banking.'

Academics: Degree in finance and investment from University of Stirling.

Previous work experience: Junior business analyst at RBS in Edinburgh

Why an MBA?: "I see it as a process of expanding my knowledge, perspectives on life and getting closer to achieving my life goals. I always knew I would go back to school some day."

Would you do the same as Yu?

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AUTHORSarah Butcher Global Editor
  • Gf
    Gforce
    11 September 2009

    'Banking is a sunset industry and social networking is the next big thing?' Haha.

  • ma
    maa302
    3 September 2009

    Imperial MBA is overrated!

  • ra
    ratul
    10 August 2009

    Of course he made the right decision - he's back office, from Stirling university and in a non-core office. .Imperial at least gives him credibility if not a shot at FO in london which could give him an outside shot at front office. Definitely a right decision especially if he can network across imperial to make the move up front.

  • Sa
    Sarah, Editor, eFinancialCaree
    21 July 2009

    @MJ - This is a blog. That means that we write some original stuff and we also repeat things that we've found elsewhere on the web. All blogs do this. The article makes it very clear that this comes from BusinessBecause.com and we link into the original. Not sure what your issue is. Apologies for apparent superiority. Wouldn't usually consider myself lazy, but you are entitled to your own opinion.

  • MJ
    MJ
    21 July 2009

    Do you really call yourself a journalist, Sarah Butcher? All you've done here is rip off a story from www.businessbecause.com. To be credible, shouldn't you be researching and writing your own original material? You come across here as superior and lazy.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.