Advice for Quant Researcher Career

[Quantnub]

Hi,

I am currently a first-year Pure Math Ph.D. (intending to do research in the field of Dynamical System) student based in New York City. I really liked math but at the same time, I wanted to be able to make a living out of it and it seems that my chance of staying in academia without doing a post-doc is very slim, but I really don't think I can afford additional years on research with a post-doc wage. After some digging, I found the field of quantitative research seems to be interesting at first glance. I was wondering if the forum can provide me with some advice on how should I prepare for getting a position as Quant Researcher. Should I self-study the material on the side while finishing my Ph.D., or should I drop out of my Ph.D. and get into an MFE of some sort, or should I do an MFE part-time?

Thank you very much,

 

[SD_]

I have read on the forum that PhDs are usually preferred over MFEs for various QR positions.

Finishing PhD while self-studying some finance, and focusing your PhD research towards solving a current problem in Finance would be the best approach to getting a QR role.

 

[jarryds]

Hi,

I am currently a first-year Pure Math Ph.D. (intending to do research in the field of Dynamical System) student based in New York City. I really liked math but at the same time, I wanted to be able to make a living out of it and it seems that my chance of staying in academia without doing a post-doc is very slim, but I really don't think I can afford additional years on research with a post-doc wage. After some digging, I found the field of quantitative research seems to be interesting at first glance. I was wondering if the forum can provide me with some advice on how should I prepare for getting a position as Quant Researcher. Should I self-study the material on the side while finishing my Ph.D., or should I drop out of my Ph.D. and get into an MFE of some sort, or should I do an MFE part-time?

Thank you very much,

1) Go for a PhD 2) get an internship at a bank or HF 3) make sure you get a return offer.

 

[James Wu]

Keep your track as a PhD!