I want to work as Quant

[Mukul Singh]

Hi,

I am from India pursuing my post graduate in Mathematics through distance learning. I am also pursuing my actuary and have completed few CT groups. I wish to work as a quant. I have heard that PhD is required to achieve that. I wish to work as a quant trader/developer in future.

Please suggest should I apply for PhD in applied mathematics and what should I do to hone my programming skills. I am complete naive in that.

Thanks a ton in advance. Also please throw some light on whether quant trader is better or quant developer in terms of work challenges and perks.

Thanks & Regards

 

[yetanotherquant]

PhD is not required but it may be helpful to apply for scholarship and make it in a country, in which there are quant jobs: US, UK, to less extent Germany.
I do not know whether there are many quant jobs in India but in Russia there are (were) very few, so I made MFE in Germany and stayed there.