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GUEST COMMENT: Being a financial journalist is like sitting in a Ferrari but never driving it

I'm about to embark on what I believe will be one of the most exhilarating chapters in my life: moving to London to study.

But first, a little about what I'm giving up. I was previously the finance correspondent for The Straits Times in Singapore. In my job, I was privy to the blistering economic growth that captured the imagination of the global finance industry, followed by the ripples of the crisis and the ensuing recession. Although Asia emerged much better than the West, the region was not spared from the bloodletting.

I had a front-row seat to view the financial carnage as it unfolded in Asia. I interviewed heavyweights like Sir Philip Hampton, chairman of RBS, and Mark Mobius, executive chairman of Templeton Asset Management's emerging markets group. And I often felt the adrenaline rush of bringing in a 'scoop' story.

I want to make rain, not watch it

The thrill of the chase was fun, but during my six-year business journalism career, I started to think how it would feel to be in the shoes of the rainmakers. Being embroiled in the worst crisis since the Great Depression isn't for the faint hearted, but I increasingly wanted to get my hands dirty and to live and breathe finance as a practitioner.

I envisioned myself analysing companies and managing portfolios for my clients, while advising them on the risks they were taking in search of higher returns. Being on the sidelines was getting passé for me; it's like sitting in a Ferrari, but never actually driving the car.

Could I have transitioned into finance - specifically investment management - straight from business journalism? I could have made a case, but I felt the time wasn't right, given my capabilities and my potential to add more value to future employers if I pursued a degree.

London calling

After speaking to several industry veterans and doing extensive research into the best postgraduate courses, I decided on London Business School's (LBS) Masters in Finance programme. Getting into the course is competitive and I was fortunate to be admitted after a battery of tests, interviews, and essays.

Financial services is at the forefront of changes in the increasingly dynamic global economy. I want the opportunity to challenge and be challenged by the perspectives of my classmates and faculty.

I expect to take subjects like portfolio management and financial analysis, in line with my career objectives. As I have a clear idea about my post-LBS plans, I seek a specialist degree that will give me depth and focus, rather than the general management expertise of an MBA.

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AUTHORGabriel Chen Insider Comment
  • JS
    JS
    21 July 2011

    Good move. Agree with you, I was an analyst, criticising and commenting on companies/management actions, and writing about it, but that wasn't enough, so I moved to the driver's seat. Now my working hours are hell, the stress-levels are much higher, but I enjoy making it happen rather than watching.

  • sm
    smoothie
    21 July 2011

    given your obvious admiration for bankers (not banks) you probably did an excellent job on objective journalism

  • Po
    Poot
    21 July 2011

    Journalism is win. You have to network. Understand the industry. Most importantly you learn how to sell ideas, but promote them, control the discourse

  • Hm
    Hmmm
    21 July 2011

    Was this one of your application essay for LBS? That is exactly how it reads...

  • wo
    worker
    20 July 2011

    1000-word CV.

    efinancialcareers - can I do the same??

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