Decision Advice Please!

[Kyle Johnson]

Hi,

I am graduating in a couple weeks from undergrad and currently have a job offer as an equity trader at a small firm in NYC. The only problem is the base salary for the first year is very minimal, and it isn't expected to make many bonuses for the first 8-10 months. I am not originally from anywhere near the metropolitan area, so living expenses for the first year would me more than extremely difficult.
I have also been admitted to Fordham's Quantitative Finance program for the fall, where given enough financial aid, it seems like a better situation currently. I also believe the degree will open other doors that weren't available to me during undergrad. Any advice or suggestions would be greatly appreciated.

Thank you,
Kyle

 

[Yike Lu]

Sounds like you're going to be working for a prop shop. NY is reasonably affordable away from Manhattan, or in Upper Manhattan.

I can't vouch for Fordham's program, but when you have no work experience, experience is more important to get.