Does Quant MS/PhD Make Sense?

[bustweiser]

A primer in Epistemology might help. But most math geeks will be too embarassed to go down that road

 

[ExSan]

if I would have the option to change my career direction, other than Quant FE, but someway keep on the same business, what would it be your advice?
I'll appreciate your clever comments !

 

[vincentsg]

is it good to study MFE now ?

Give the current financial market .

 

[Andriy]

if I would have the option to change my career direction, other than Quant FE, but someway keep on the same business, what would it be your advice?
I'll appreciate your clever comments !

Become a Medical Doctor or a Jet Pilot.

 

[swindler]

I think the things that we should learn from this debacle are... The Federal Reserve inflated prices by meddling with the interest rates too much. The rates should be set by the free market and not some academics. The Fed should be removed. People need to realize the limitations of their models and more tail risks.

 

[doug reich]

I beg to differ: this problem goes much deeper than low interest rates. It is about opaque derivatives markets and misplaced incentives from mortgage originators to hedge funds. I would put interest rate policy pretty far down my list of things to learn here.

Perhaps you can elaborate on your position.