Andy, your remark about my age not being a factor is quite intriguing (and happily surprising!) to me. I hang out with other physicists and I'm usually the "old guy". The typical story with my friends is that they finish their undergrad degree by age 22 or 23. Then they go on directly to graduate school. That might take up to 6 years. But all in all, they're minted PhD's before they hit 30.
In my case I'm already 30 and I'm thinking of starting a PhD! Like I've mentioned before, I've spent the intervening years in the software industry. It's always been a life goal of mine to get PhD. I'm just here wondering what options career-wise I'd have after graduation.
What I fear is that if I go to a job interview for a quant position in year 2013, wouldn't my competition be a bunch of 20somethings? Or to put this question to you in a different way: why don't you currently see young physics PhD's from top schools applying for the quant positions?
Thanks for the insider insights!
I think Alain is more right. Doing a physics PhD wont take u closer to ur quant dream Im afraid... Actually, the truth is, Im currently a phd student in operations research, and I believe it is in a quantitative field. Once you started phd study, you lead urself into a research career path and devote most of times and energy to become a good researcher in your field rather than thinking about other areas.. Else you may end up in an awkward situation..
Im saying these becoz it is where im now! I want to change my track but already years be scattered on my phd.. Time doesnt wait. If you have already known wat u want in life, approach it fast in a neat and closest way.. Just my2cents.. Just hope u dun end up like me now.. sorts of miserable..
The thread is excellent! Andy, Alain, Bastian thanks for the wonderful posts!
I am Santanu. Currently i am in my 2nd year of phd in computer science. I work in the wise manet labs as an RA and have very recently started growing a compulsive interest in quantitative finance. My mentor is very mathematics oriented so all our research is a good mixture of probabilistic modeling, graph theory and good amount of coding. Once i complete my phd i wish to work as a quant, but i lack any fromal financial background. My question is what kind of jobs can a phd in computer science expect to apply for in the realm of quantitative finance ? Also if there's a chance is it worth taking finance courses from the business department like (derivatives, investment portfolio management etc) or just stick to maths and programming? I just wanted to plan early as I graduate in 2 yrs