Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Age discrimination is rampant in the US based on what I've read (including some examples above). From quant finance forums I gather that it is not as bad in finance as say Silicon Valley.
I've been told I'm over the age limit for some jobs in Asia where I guess there are no laws against it.
Edit: Some jobs in Asia, not all I hope.
There's a high noise to signal ratio. Meaning, there are legitimate grievances, but often stories are based on hearsay, accusations and the wrong data (eg look how many X there are, they must be discriminating!). If you go by the noise, mathematicians are amongst the most sexist people on the planet. But having been in the mathematical community, I haven't found a group more inviting and nurturing of differences, including those of different genders.
There's also the "fit" aspect. For example, I was recently told that I wasn't suitable for a junior trader role.
Generally when someone much more experienced gets replaced by several younger workers, there's just a financial consideration involved. Sure you can read the fact that everyone else in the position is much younger as age discrimination, but a common sense reading is that it doesn't actually take much experience to do that job.
There's a high noise to signal ratio. Meaning, there are legitimate grievances, but often stories are based on hearsay, accusations and the wrong data (eg look how many X there are, they must be discriminating!). If you go by the noise, mathematicians are amongst the most sexist people on the planet. But having been in the mathematical community, I haven't found a group more inviting and nurturing of differences, including those of different genders.
Quants and developers make the transition between between finance and tech without age issue. Age is more likely to be an issue in certain roles, say in some junior roles in investment banking, but that could be considered a by-product of requiring someone without obligations that is able to hustle and invest copious amounts of time into the job.
There's also the "fit" aspect. For example, I was recently told that I wasn't suitable for a junior trader role because the other junior trader was a recent college grad and they didn't want to make him feel threatened. Some would call this age discrimination. But this will happen whether you're in Silicon Valley or Wall Street: many people don't want an assistant that is more experienced and knowledgeable than them. Some would call that job preservation.