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Ask Ellen - Job Hunting and Career Development Advice
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<blockquote data-quote="Carl Morris" data-source="post: 95500" data-attributes="member: 17005"><p>I have what I believe to be a challenging career dilemma that I hope you or one of the members of QuantNet can help me with.</p><p></p><p>First I want to give a very brief introduction of myself. I am starting my third year of a Ph.D. in Operations Research at the Georgia Institute of Technology. I am very happy with the program and the research opportunities in my program, but I have become very interested in a career in quantitative finance, and herein lies the problem.</p><p></p><p>My program is very strong at what it does in operations research, but has very few research opportunities in quantitative finance. We have an active masters degree program in quantitative and computational finance, but the opportunities do not generally extend to the Ph.D. level. I have spoke to two colleagues for advice, and I have received contradictory recommendations that I hope you can reconcile.</p><p></p><p>One friend, who recently graduated with a Ph.D. who is now working as a quant, recommends that I endeavor to work as closely as I can with the quantitative finance program director to gain research experience that will help me later get a job. My other friend recommended me to transfer to another program, such as Columbia, which is more closely connected to Wall Street.</p><p></p><p>I am just beginning to be established in my program, so if I transfer, I will add at least a year to my time in school. Is it worth uprooting myself to try and move to a university with stronger ties? (This of course assumes that I would be accepted by another program.) I believe my current university will give me ample skills in mathematics and programming to succeed in a quant job, but I will have to work a bit harder to build the necessary network. I know the final decision is necessarily a personal one, but I hope that you can at least help me weigh the benefits of each alternative.</p></blockquote><p></p>
[QUOTE="Carl Morris, post: 95500, member: 17005"] I have what I believe to be a challenging career dilemma that I hope you or one of the members of QuantNet can help me with. First I want to give a very brief introduction of myself. I am starting my third year of a Ph.D. in Operations Research at the Georgia Institute of Technology. I am very happy with the program and the research opportunities in my program, but I have become very interested in a career in quantitative finance, and herein lies the problem. My program is very strong at what it does in operations research, but has very few research opportunities in quantitative finance. We have an active masters degree program in quantitative and computational finance, but the opportunities do not generally extend to the Ph.D. level. I have spoke to two colleagues for advice, and I have received contradictory recommendations that I hope you can reconcile. One friend, who recently graduated with a Ph.D. who is now working as a quant, recommends that I endeavor to work as closely as I can with the quantitative finance program director to gain research experience that will help me later get a job. My other friend recommended me to transfer to another program, such as Columbia, which is more closely connected to Wall Street. I am just beginning to be established in my program, so if I transfer, I will add at least a year to my time in school. Is it worth uprooting myself to try and move to a university with stronger ties? (This of course assumes that I would be accepted by another program.) I believe my current university will give me ample skills in mathematics and programming to succeed in a quant job, but I will have to work a bit harder to build the necessary network. I know the final decision is necessarily a personal one, but I hope that you can at least help me weigh the benefits of each alternative. [/QUOTE]
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