You want to work as a trader for an investment bank, but you lack trading expertise, and your application for a financial job was rejected. Is it worthwhile to pay for trading education alternatively? Yes, spending money on education is worthwhile. Amplify Trading is a specialized trading business that also offers trader development programs. A week-long Boot Camp led by Amplify, worldwide financial trading, and teaching corporation, in partnership with the University of Stirling Management School, allows you to simulate trading in the stock market using a series of incredibly convincing computer-based simulators.
Facts About The Amplify Trading
1. Amplify Provides 180 Persons With Training Sessions Each Year
Amplify has a 2-month trading course and it enrolls 12 to 15 individuals each month in this course. According to Amplify trading co-founder Will De Lucy, “the 1st month of the curriculum is a little more conceptual. The rules of trading are learned during this time. Then the focus of the 2nd month is on putting those ideas into practice and evaluating your progress.”
2. Amplify’s Trading Course Is High In Demand
De Lucy said that they are essentially sold out for the current year and are twice over-subscribed. However, there are a few openings in the coming year.
3. It’s Quite Unlikely That You Will Be Hired By Amplify As A Trader
Amplify has a staff of 35 traders working at the office, but only one or two from each intake usually complete the training program, so it isn’t always a way to join them.
They typically have a mix of trainees in each 12-person group, some of whom are serious about trading and intend to continue with them, while others are more focused on gaining experience in the financial markets.
4. The Amplify Trading Course Is Expensive
The fee of Amplify training courses for one month is £1.4k for students or £2.8k for the entire two-month period. The three-month course costs £1.6k per month for a non-student or graduate.
5. Amplify Offers Students To Take Its Course As A Summer Internship
They offer their educational courses throughout the summer months of June, July, and August for students who did not receive a trading internship. For these individuals, their program would be very useful.
6. Most Interns Get Jobs In Financial Institutes
They estimated that at least 20% of students who completed their courses at Amplify got jobs in financial firms. However, it’s unclear if they all hold positions at the front desk.
7. Anyone May Join Amplify
De Lucy claims that in trading, the intellectual achievement is overvalued. He mentioned about himself that he graduated with a 2.2 Cgpa from the University of Leeds. Also when he first started working as a bond trader 16 years ago, he had a coworker who had earned a 1st division in mechanical engineering from Imperial. He also joined Amplify however, his trading strategy was considerably different from his.
8. Try Out Various Trade Activities
With Amplify trading course, you can communicate with other people in another simulation while executing various trading roles within investment banks and hedge funds. The simulation creates a dynamic trading environment and asks you to set rates for your clients.
9. Oversee A Worldwide Portfolio Of Different Assets
You may manage a $20 million global multi-asset strategy comprising equities, treasuries, gold, petrol, and treasury bonds during 2 months of actual macro volatility using an asset manager simulation.
Based on your evaluation of the information you have learned about the financial outlook in various parts of the world, you choose an initial asset allocation. Then, in reaction to fresh market information, you purchase and sell assets. The simulation is based on real-world price history and activities, but time has been sped up so that one hour represents a year’s worth of price movement and news flow. In this simulation, two crucial success variables are the capacity to anticipate how markets will react to significant events and the ability to have a diverse portfolio.
Amplify Trading provides an outstanding chance for college students and even professional candidates studying banking to obtain priceless hands-on knowledge of the elements of trading that shape the financial system of today. However, you can use profit revolution to execute trades and invest in virtual currencies like bitcoin.