These students must be the kids of corrupt government officials or corrupt businessmen who don't pay their taxes. These guys have lot of money(imagine you pay $200 USD to get a driving license) These guys can't show any $$$ in their bank account when they go to US consulate for student visa...
How many students do that? Only a stupid family will agree to this. Economy is booming in India and there are jobs everywhere for engineering/science graduates. Those who get such loans must be greedy.
This is really true. When I came to US for work I bought a new car for $20K within a week on borrowed money. Later I realized I am paying 10% interest. Got a credit card in week. The headhunter who brought me to US paid my apartment security deposit, so I stayed in a luxury apartment.
These days they deduct it from your pay check.
A friend of mine with student loan worked as a consultant for wall street banks for few years after college. As soon as he converted to full-time employee of a bank, they started deducting his student loans. HR said they can't do anything.
learn stochastic calculus and take the interview again.
part time will take three years to complete. even if you do part-time you will be trying for internal mobility. your university will not find you a job.
if you are more interested in trading and don't want to move out of Denver, get a job in ninja trader. they are located in Denver
there must be lot of other trading software companies or hedge funds near Denver
He already stopped working on Mathematics.
As of the spring of 2003, Perelman no longer worked at the Steklov Institute.<SUP class=reference id=cite_ref-telegraph_4-1></SUP> His friends are said to have stated that he currently finds mathematics a painful topic to discuss; some even say that...
This type of information is generally stored in relational databases like Sybase. But I have not seen a dedicated person maintaining these database. Each group (equities, derivatives ..) generally takes care of maintaining these database.
You must be talking about storing tick data or something similar. You must be using a high performance database like kdb+. Working on these types of databases like is totally different from working on databases like Oracle. Most of them have their own properitery language to query them. You...
Why are u specific about Huxley Associates? Also your comment is based not on your own experience and you started this thread and you mentioned that you and your friends don't need a headhunder to find a job.
Do you think, just by tuning some kernel parameters you can improve the performance of your high transaction application?
It is not so easy. You have to basically re-design and rewrite your application to take advantage of the multi-core processors. Search google for "Lock free data structures"
Even the risk management jobs are mostly related to IT. If you want more quantitative roles, then goto HongKong
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In IB the usual advancement in IT is VP->Director->MD->retire. How is MFE going to help...
Your comments show that you have not read Austern. You just read the reviews on Amazon. The book contains 100 pages of STL description and the rest contains STL manual.
According to you both books were published in 1997 so both were obsolete.
I prefer Austern because he wrote most(all?) of...
Even Josuttis book was published in 1999 http://www.amazon.com/Standard-Library-Tutorial-Reference/dp/0201379260/ref=pd_sim_b_6
What has changed since 1999 in STL?
You understand the same information in Josuttis book (about 850 pages) in about 100 pages in Austern's book.
Get a job in Singapore. Credit Suisse, Bank of America, Barclays and standard chartered are all hiring. Since you are interested in working in IT it does not make sense to do an MFE. You can learn finance while working on a project. If you are good at Java or C# you should be able to get some...
More U.S. job hunters look for work in other countries - USATODAY.com
At MIT's Sloan School of Management, 24% of 2009 graduates got jobs overseas, up from 19% last year. It's "tied to the (U.S.) economy," says career development head Jackie Wilbur.
A Java or C++ developer with Fixed Income product knowledge deserves 100k in NYC.
---------- Post added at 12:16 AM ---------- Previous post was at 12:13 AM ----------
Vikram Pandit's aparatment costs about 18million
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Your post also answered the question why you are not able to attract qualified developers for your team. With 100K in NYC you will just survive. Even a doorman in NYC makes 100k. And the hike you will get annually is very less. You will never be able to buy a good house or car. But if the...
There is also a strong supply of financial developers. CIOs are not scared about visas. They just move the job to India or Singapore. In fact most of the investment banks have half of their IT staff in India or Singapore working for US/Europe operations.
When did you interview with CS? It must be several years ago. They already started migrating the spreadsheets to C#.
It is surprising you had 7 rounds of interview for a Perl scripting job and only 4 rounds for C# job. Which one you want to do? Do you want to do advanced perl scripting or basic C#.
Is it difficult to get OPT? I have seen many H1Bs from India working in IT (in Finance) but they have various degrees like Civil Engineering, Biology, Chemistry. If it is easy to get H1B then you better apply for H1B.
What will be your exact role at CS? What language you will be programming etc? Do they have their own trading system? What do you mean by 'as close to Traders'. Sometimes traders may be just looking for some reports which can be written in perl.
It depends on where you work. I am not yet a quant developer. But know quants with few years of experience in firms like Freddie/Fannie dont' make anything more than $125K(incl bonus). Quants in big profitable hedge funds make around $500k