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Please join us via Zoom to learn how the Options course is helpful to graduate studies and interviewing for quant finance internships and full-time roles.
May 16th, 2022 - Information Session - Intuition-Based Options Primer for Financial Engineering Certificate
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PhD Dilemma: Which program to choose?
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<blockquote data-quote="mathromancer" data-source="post: 286440" data-attributes="member: 44922"><p>First - I wouldn't discount business schools. Several of my classmates went on to positions at business schools (for example UPenn Stats is part of Wharton). The main benefit of being in the B school is that you get paid more than you would in the "pure" department. When you're a professor there's nothing stopping you from having collaborators (or even having a joint or affiliate position) with your "pure" department of interest, and the extra 50-100k you get from being a B school professor sure is nice.</p><p></p><p>Again, I don't think I'd worry about shop placements. Your experience at a top fund currently is going to get you interviews wherever you want, so school is probably not gonna make a difference there.</p><p></p><p>I can't comment on Oxford as I don't know much about it. Of course, opinion in the US is that it is an excellent (probably second only to Cambridge) school in the UK (and Europe at large). That said, if you look at the faculty pages for many departments I don't think you'll find many professors with PhD's from Oxford/Cambridge. I can't say why this is - it could just be that people in the UK or Europe prefer to stay there, so PhDs from Oxford/Cambridge just don't come to the US to be professors. However, if academia (especially in the US) is a possibility for you, I'd at least keep this fact in mind or try to figure out why it is.</p></blockquote><p></p>
[QUOTE="mathromancer, post: 286440, member: 44922"] First - I wouldn't discount business schools. Several of my classmates went on to positions at business schools (for example UPenn Stats is part of Wharton). The main benefit of being in the B school is that you get paid more than you would in the "pure" department. When you're a professor there's nothing stopping you from having collaborators (or even having a joint or affiliate position) with your "pure" department of interest, and the extra 50-100k you get from being a B school professor sure is nice. Again, I don't think I'd worry about shop placements. Your experience at a top fund currently is going to get you interviews wherever you want, so school is probably not gonna make a difference there. I can't comment on Oxford as I don't know much about it. Of course, opinion in the US is that it is an excellent (probably second only to Cambridge) school in the UK (and Europe at large). That said, if you look at the faculty pages for many departments I don't think you'll find many professors with PhD's from Oxford/Cambridge. I can't say why this is - it could just be that people in the UK or Europe prefer to stay there, so PhDs from Oxford/Cambridge just don't come to the US to be professors. However, if academia (especially in the US) is a possibility for you, I'd at least keep this fact in mind or try to figure out why it is. [/QUOTE]
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PhD Dilemma: Which program to choose?
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