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<p>No.</p>
<p>Google Cafe Pharma for more details.</p>
<p>My thought is banking. She likes her customers, likes math, wants a 40 hour work week, and likes to sell products. Some of the sales careers suggested won’t offer this package unfortunately.</p>
<p>I remember an older insurance agent telling me he made as much money as doctors and lawyers did when he was younger. He probably didn’t have very many student loans to pay back either.</p>
<p>This comes a bit from left field, but some hedge funds hire attractive women who have sell-side experience in investment banking to help market their funds. They’re smart and able as far as I can tell, just reasonably to very pretty also. It is a predominantly male field and at hedge fund conferences, you could see these women getting the attention of investors. That world has gone more institutional since I was involved, but I was always impressed by the ability the women had to get in the door. The firms still had to deliver and the women had to know what they were doing, but being female in that part of the universe is probably a big advantage. I’m sure it would be hard to rise to the top via that route, but I suspect that compensation would be very attractive if you could bring in significant investment.</p>
<p>Mom2CK - Another route in insurance would be in Reinsurance. I am an actuary, and I have worked with great people in reinsurance (that is where insurance companies buy insurance for their accumulated exposures, like for hurricanes or large risks). The two options for someone with a math background (if actuary is not her thing) would be reinsurance broker (for a company like Aon or Willis) or reinsurance underwriter (Munich Re, Swiss Re, etc.) There are lots of opportunities for people with applied math skills, even if they don’t want to take the actuarial exams. Even though the title underwriter does not seem like sales, it really is a client facing job with lots of technical challenges.</p>
<p>My son had a strong math background and was headed towards being a CPA when he realized it bored him and he liked sales. He got a job in specialized software and has done very well. The ability to understand the product and understand how it will fit in with the customers’ business is central to success in sales, and with stuff like that you have to be pretty sharp. If a person can succeed in sales they can do well. Success is not guaranteed, however. It takes talent and hard work, like most things.</p>
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<p>Not necessarily from hedge funds, but at financial conferences, my son calls them “booth girls.” When he was in Brazil, a “booth girl” volunteered to show him around and he must have spent a pretty sum on their outing.</p>
<p>cbreeze, the hedge funds typically didn’t have booths (service providers had the booths), and the marketing folks would often corral the investors they wanted to talk to for dinners. The women were better at corralling the investors than the men. Whether they were better at getting investments, I don’t have the data. But, it looked like a pretty effective strategy.</p>
<p>I guess my DH is less diplomatic. Dh calls the girls at the conferences “booth babes”. At his conferences there are the vendors and the users (customers), and now that he is back on the customer side, he is treated quite differently, as shawbridge describes. Lots of meals, etc.</p>
<p>So, we’ve gone from a bright young woman looking at career opps to being a booth girl? I have no objections to working trade shows, as a rep- or even as a temp- but it’s a big jump in concept to serve as a travel guide or escort on whom lots of money is spent. We should’t get too distracted by “pretty” here.</p>
<p>jym626, I wasn’t being diplomatic as the two positions are different. I was looking at a little industry where men are predominant and being a female who understands finance and is good-looking is an advantage. The “booth babes” are quite different than the kind of position I’m talking about. Booth babes are often are hired for the event. The people I’m talking about worked at Morgan Stanley or UBS as sell-side bankers before taking on a marketing function at a hedge fund. They are pretty capable and, in my experience, actually understand what their firms do (no mean trick in some hedge funds). Their gender and looks just make them more effective. Anyone who raises money for a hedge fund tends to be well-compensated; probably more than in most if not all of the other jobs listed in this thread, because of the profit incremental assets can bring to the firm. They also get interesting travel – Geneva, Monte Carlo, NY, Bermuda/Bahamas, probably Singapore or HK/China now. </p>
<p>lookingforward, I’m not advocating she be a booth babe. I was tossing into the ring a likely highly compensated sales position for someone who uses her math to learn finance.</p>
<p>I knew exactly what Shawbridge was saying, as I suggested she consider finance early on in the thread. He was referring to the polished young women who work in finance and are sharper on their worst day than most of us on our best. I’ve met a few of them and they are quite impressive young women. To be fair, and I’m sure SB would back me up, here, most of the GUYS who do this are also very good looking, as well. It’s a pretty industry. Plus they have the money for maintenance.</p>
<p>As for the “booth girls?” thank you for putting that in the trash can where it belongs, Lookingforward.</p>
<p>lol…I don’t thnk my niece wants to be a “booth babe”…she’s not like that. She’s a sweetheart who happens to be brainy and pretty.</p>
<p>I also totally understand the different roles, but was unclear in my post, as I was commenting about two different things (the booth babes, described by cbreeze and the sales/finance folks described by shawbridge). There are the booth babes at the conferences and there are the sales/marketing and tecchie folks. Was just posting quickly and before my morning coffee, and the 2 got conflated. My DH has been on both the sales and customer side, and all I was meaning to say was that as a customer the wining and dining is quite different. The booth babes are not the ones knowledgeable in the product nor the ones trying to close the deal.</p>
<p>Not to worry. It was the Brazilian booth girl thing that seemed out of place, the idea that a son “spent a pretty sum on their outing.” I almost got a job like that, fresh out of college, for another country’s consulate in the US. Later, I realized it would have been less about my brain than the rest of the story. </p>
<p>This thread is great- unlike the doomsayer other threads, it’s encouraging. There are many opps for bright young women. My oldest will be a senior and though she thinks she’s headed for grad school, I plan to cover this thread with her. I was in high tech support, then sales, and loved it. Sure, it included trade shows and the wining and dining. She knows some of my own experiences, but not this sort of range of opportunities. So, my thanks.</p>
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<p>I put that down to mean they had a good time touring and dining in one day.</p>
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<p>I guess trashy minds think trashy thoughts.</p>
<p>shawbridge, my son is a PM at a hedge fund and to my knowledge they don’t hire women to go around raising funds. They don’t need to. Most hedge funds are under the radar and they don’t even advertise. His firm is considered large and has 26 strategy groups, each managing >$1B.
I know a lot of women are in wealth management in banks and they are bright and attractive but most require an MBA credential.</p>
<p>cbreeze, I’m not connected with any hedge funds at this point, but in an earlier era, there were clearly firms that did and firms that undoubtedly didn’t. Hedge funds that have not gone public are not allowed to advertise. Some hedge funds don’t need to market. Some actually give back money because they don’t have any additional invest capacity for the strategies that they use. However, many do need to market or at least could make more money if they had more assets in the strategies that are employing, but the industry has changed from a focus on high net worth individuals to a focus on institutions, which probably has changed their marketing approach.</p>
<p>I am a sales analyst for the world’s largest manufacturer of home and personal goods. I sell to a HUGE retailer. My job consists of using data to construct a story for my Category Manager (buyer). I use indices such as %change year ago, Index Year Ago, Margin, Display and $ Share etc. I then create power points utilizing my research to sell in products. I get paid very well, have a company car, deal directly with the CMs and work from home 3-4 days a week. It is a terrific career if you like math and sales.</p>