Future of career in Risk Management

[exotic]

The industry is shrinking and many middle/back office jobs that can be exported are being outsourced or nearsourced. How do you think risk management career will fare for the next 10-20 years from what we know so far? Will increased regulations ensure expansion (or absence of contraction) of jobs in this space as risk management is perceived to be more important? How much of risk management jobs can be out/nearsourced? Sure no one has a crystal ball, but would appreciate your insights and opinions.

 

[markhobbus]

I'm interested in this as well. It seems to me that the increasing financial regulations resulting from the Great Recession will make risk management a steady/stable career for those with MFE type degrees.

http://www.fins.com/Finance/Article...dge-Funds-New-Boutiques-and-for-College-Grads

 

[Andy Nguyen]

Anything that helps with the mindset of fresh graduates coming into this degree thinking "trader/quant or bust" is a healthy change of perception in my opinion. More realistic expectation = happier MFE grads.