Hello community,
This is my first post here. In fact, I only recently learned about Quant when at a dinner party last week. I just picked up the book "The Quants" and thought that I'd learn more about this field where money seemingly grows on trees....
My background involves an undergraduate degree in physics and a graduate degree in computer science, both from reputable schools. Since then I've lived in Silicon Valley, working on some fairly well known projects.
While I have had some success here, the numbers that I have heard thrown around in relation to Quant dwarf the payscale for silicon valley engineers. To put this in perspective, the highest paid software engineer that I personally know makes about $150k / year. And this is a rare case.
Outside of salary, the path to wealth out here seems to involve some luck: joining a startup, getting a fraction of a percentage of stock options at the company, and having the company become worth an unusually large amount of money. However, I have known projects that sound great fail, and companies that seem to make no sense IPO or get acquired for absurd amounts of money.
So when I heard about Quant I became interested in learning more about this world. It seems like a way to financially move into a different world. Is this correct?
My main reason is writing this forum post is to understand:
1. Is my existing skillset of value to this industry?
2. Are there jobs for this field in Silicon Valley / the San Francisco Bay Area?
3. If there are jobs in this field in this location then:
a. Where can I find job postings for them?
b. Where can I find impartial data on salary / compensation?
This is my first post here. In fact, I only recently learned about Quant when at a dinner party last week. I just picked up the book "The Quants" and thought that I'd learn more about this field where money seemingly grows on trees....
My background involves an undergraduate degree in physics and a graduate degree in computer science, both from reputable schools. Since then I've lived in Silicon Valley, working on some fairly well known projects.
While I have had some success here, the numbers that I have heard thrown around in relation to Quant dwarf the payscale for silicon valley engineers. To put this in perspective, the highest paid software engineer that I personally know makes about $150k / year. And this is a rare case.
Outside of salary, the path to wealth out here seems to involve some luck: joining a startup, getting a fraction of a percentage of stock options at the company, and having the company become worth an unusually large amount of money. However, I have known projects that sound great fail, and companies that seem to make no sense IPO or get acquired for absurd amounts of money.
So when I heard about Quant I became interested in learning more about this world. It seems like a way to financially move into a different world. Is this correct?
My main reason is writing this forum post is to understand:
1. Is my existing skillset of value to this industry?
2. Are there jobs for this field in Silicon Valley / the San Francisco Bay Area?
3. If there are jobs in this field in this location then:
a. Where can I find job postings for them?
b. Where can I find impartial data on salary / compensation?