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Another life after mfe thread

Fin Eng

Joined
12/31/10
Messages
5
Points
11
Recently, I have been browsing through jobs for Quantitative Developers/Quantitative Analysts and surprisingly most/all of them require a doctorate degree in some quantitative field!

Am I missing something... Are their any exciting/lucrative career paths after MFE for people without a doctorate degree also? It will be nice if someone can list some possible careers (which I can google and thus know more about post MFE life)

By the way it's interesting to note how doing research on a topic that might not even be remotely related to finance privileges you with working as a quant developer ...just a random thought :D
 
If you browse jobs through a job site, chances are it's not real job but rather decoy setup by recruiters to harvest resume and contacts.
"PhD from top Ivy or top 10 in hard science field" is a well-used phrase to filter wannabe.
The secret is that for a real job, an MFE will get you in for an interview even the requirement asks specifically for "PhD from top Ivy". That's the perk of being in a "very good MFE program" who can bypass the HR droids.
And then there are firms obsessed with credentials like D.E Shaw where you have to place in Math Olympiad, perfect SAT, GRE or what have them.

Do not believe the hype and what you read.
 
Recently, I have been browsing through jobs for Quantitative Developers/Quantitative Analysts and surprisingly most/all of them require a doctorate degree in some quantitative field!

Am I missing something... Are their any exciting/lucrative career paths after MFE for people without a doctorate degree also? It will be nice if someone can list some possible careers (which I can google and thus know more about post MFE life)

By the way it's interesting to note how doing research on a topic that might not even be remotely related to finance privileges you with working as a quant developer ...just a random thought.
Click to expand...

As Andy indicates, the vast majority of them are from recruiters, the bulk of whom -- as in IT -- seem to have room temperature IQs. Which is part of the reason they list a blanket set of requirements. They collect resumes and pass them on, hoping to collect a fee -- and add just about no value to the process.
 
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