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by QuantOrDie
July 27th, 2014, 1:00 pm
Forum: Careers Forum
Topic: Situation with work visas these days
Replies: 8
Views: 6141

Situation with work visas these days

<t>Cost of visa application is not the thing. Uncertainty and delay is the thing.Temp work permits to the US (H1Bs, good for 6 total years with renewal) are number-limited to 65000 per year. In reasonably good economic times this means that the available permits are exhausted the first day that appl...
by QuantOrDie
March 24th, 2014, 2:36 am
Forum: Careers Forum
Topic: Model Validation - Model Risk Management Internship
Replies: 1
Views: 5697

Model Validation - Model Risk Management Internship

Model risk management is just a fancy term for model validation.
by QuantOrDie
December 12th, 2013, 8:43 pm
Forum: Careers Forum
Topic: when is your first million
Replies: 72
Views: 13839

when is your first million

<t>QuoteOriginally posted by: ThinkDifferentQuoteOriginally posted by: katastrofaQuoteOriginally posted by: ThinkDifferentforget about risk quants. These days even (<= VP level) FO quants are rarely getting bonuses of around 90%. Also, a 65K GBP base will give you around 4K(net)/month. Saving 1.5K o...
by QuantOrDie
December 11th, 2013, 6:37 am
Forum: Brainteaser Forum
Topic: A probability question
Replies: 1
Views: 7764

A probability question

<t>Insufficient information. For example, it could be that analyst 1 is from Goldman and analyst 2 is from UBS. The UBS analyst has stolen the Goldman excel model which makes these predictions, so the predictions are the same except for the 20% of the time that the UBS analyst gets the sign wrong on...
by QuantOrDie
December 11th, 2013, 5:31 am
Forum: Careers Forum
Topic: when is your first million
Replies: 72
Views: 13839

when is your first million

<t>QuoteOriginally posted by: DevonFangsQuoteOriginally posted by: QuantOrDieIf you're working on wall st or in the City you should be able to save your first million (USD) within 10years (out of undergrad) or 6 years (out of a PhD). Anything less is just sad.LOL assuming one lives off the base sala...
by QuantOrDie
December 11th, 2013, 5:22 am
Forum: Careers Forum
Topic: when is your first million
Replies: 72
Views: 13839

when is your first million

<t>QuoteOriginally posted by: ThinkDifferentdepends how often your wife shops at Hermes, how often you shop at Berluti, and how much you pay for your kid's school.Working in risk like QuantOrDie can make you a million in 6 years only if you wear china made shoes, skip the breakfast, and and eat 5$ s...
by QuantOrDie
December 10th, 2013, 4:40 am
Forum: Careers Forum
Topic: when is your first million
Replies: 72
Views: 13839

when is your first million

If you're working on wall st or in the City you should be able to save your first million (USD) within 10years (out of undergrad) or 6 years (out of a PhD). Anything less is just sad.
by QuantOrDie
December 30th, 2011, 6:21 am
Forum: Brainteaser Forum
Topic: What is M25?
Replies: 4
Views: 20406

What is M25?

QuoteOriginally posted by: heyquantThank you for the help! Since I'm in US, didn't know about that.How do you expect to get a quant job then?
by QuantOrDie
December 22nd, 2011, 4:28 am
Forum: Careers Forum
Topic: Unauthorized resume submission by recruiter
Replies: 6
Views: 16976

Unauthorized resume submission by recruiter

<t>QuoteOriginally posted by: traderjoe1976Be careful about spoiling anyone else's reputation in a public forum. The retribution may be greater than the minor satisfaction which you get. Most people on this forum are only passing the time and abusing each other anonymously. Once you get vindictive a...
by QuantOrDie
December 22nd, 2011, 4:19 am
Forum: Careers Forum
Topic: Decent quant starting salary
Replies: 32
Views: 23282

Decent quant starting salary

Then you are called a quant dev with no experience and paid accordingly.
by QuantOrDie
December 22nd, 2011, 4:18 am
Forum: Careers Forum
Topic: jpm quant research...
Replies: 3
Views: 16361

jpm quant research...

Is there really nobody here with any input on this group?
by QuantOrDie
December 20th, 2011, 4:17 am
Forum: Careers Forum
Topic: Unauthorized resume submission by recruiter
Replies: 6
Views: 16976

Unauthorized resume submission by recruiter

1) Put their name up here2) Contact them directly and tell them that you will be advertising their shady practices to every employer and quant you speak to nless they cease and desist immediately
by QuantOrDie
December 20th, 2011, 4:15 am
Forum: Careers Forum
Topic: best quant role
Replies: 27
Views: 19026

best quant role

QuoteOriginally posted by: quantmehMDThis.
by QuantOrDie
December 17th, 2011, 2:13 am
Forum: Careers Forum
Topic: jpm quant research...
Replies: 3
Views: 16361

jpm quant research...

That is always true. However, I am unwilling to get more specific, and even if I did, there would probably be nobody around who could give me any feedback. I know what I think of my prospective boss, and I'm trying to update my priors with info on the group as a whole.
by QuantOrDie
December 17th, 2011, 1:30 am
Forum: Careers Forum
Topic: jpm quant research...
Replies: 3
Views: 16361

jpm quant research...

From your experience/knowledge/shit you've heard, how do they treat their people relative to other places on the street (top tier bb)?Assume I would be coming in as a juniorish vp on a flow desk. Pay? Advancement? Hours? Respect?