Do business school professors need business experience?
Many #PhDs / #DBA's end up in teaching and/or academic business research.
Both are different areas.
For teaching, you have to have practical experiences that you are supposed to share with the classroom.
Many corporate world leaders are the most sought after when it comes to teaching business courses in an #MBA program!
Most of these corporate bigwigs don't have Doctorate degrees, but, even then, universities would like to bring them on board because they have an adequate amount of insights.
It's time topics such as data science, analytics, machine learning and artificial intelligence are made a compulsory part of the higher secondary educational curriculum, everywhere; in addition to teaching regular CS Computer Science distinctly in labs.
Educationists and Educational Technologists must play their due roles in transforming pedantic environments.
Unfortunately, many nations have missed the boat, because they didn't introduce pedagogical cum didactic reforms at the right time.
Skill transfer is a must!
I see so many MBAs who still don't know how to use advanced XLS modelling techniques.
Most of them really suffer when they enter the workplace.
One of my students got sacked because he didn't know what #VLOOKUP or #Lookup#Excel functions are.
To wade off vulnerability, you have to overcome the sense of insecurity and helplessness.
Many individuals are overtaken by this psychological condition, which ruins both their professional and personal lives.
Be strong by commingling with the right people. #Anchoring
You can learn a lot from both negative and positive aspirations.
Negativity is not an abnormal feeling which we should avoid at all times. It just tells us to be watchful and careful.
Similarly, Positivity helps us to remain optimistic and open-minded.
I, as a middle office risk management professional, have become largely negative about everything.
That is how we work and are trained at firms.
Not a good profession to join if you would like to see the brighter aspects of life.
Regret becoming one!
Open-end or Closed-end Balanced Funds cannot find financial sponsors these days.
60-40 portfolio or 50-50 proportional mix is dying a slow death in Asset Management and other forms of Client Investment Portfolio Management.
Unit Trust Schemes have suffered much due to neg rates
Mutual funds usually around the world are not allowed to sell short or engage in derivative transactions and structured products.
Most of the regulators want collective investments schemes to remain prudent.
I guess they want to protect the unit holders from gamblers ruin risk?
But if you dislike volatility you would opt for a closed-end fund, whereas if you have a larger risk appetite you would have opted for open-end structures?
Close-end funds usually trade at a discount to the NAV and might have capital locks.
That is a challenge for the #EMH Theory
I have met many mathematicians, #engineers, and #statisticians, from different countries, but, the ones that are graduates of #French and Belgian Universities are probably the best that I have come across.
What makes these countries so proficient when it comes to teaching #maths?
During the early 1990s, most of the #Quants and Financial Engineers who joined the Financial Services industry in the City of #London came from France.
French Mathematicians changed the way banking & asset mgmt was done.
Actuaries at @CityUniLondon dominated Insurance
Neither @LBS nor @LSEEcon contributed to the development of the #Quantitative Finance or #Actuarial Science Professional Cultures in the City.
The major contributors were @hwugradfutures and @CityUniLondon
To date, LBS does not teach Financial Engineering as a pathway