PhD for HF work

[Edward_Moran]

I have recently decided that I am going to apply for MFE and other masters programs in the mathematical finance field.

I am currently majoring in both Finance and Actuarial Science, with a CS minor.

I was curious as to if I would need a PhD if I wanted to work on data research teams or portfolio research teams at Hedge Funds or Asset Management Firms or if the MFE and other degrees would suffice.

However, if a PhD would be needed or strongly reccommended, what sort of PhD programs would best suit an individual looking to go into financial analytics and data research for HF and AM?

 

[aaronhotchner]

You do not need a PhD to do quant research. You do need a PhD to be really good at it.