<t>You dont need a PhD to become a trader. If you only did a PhD to do this, then yes you wasted your time, and it is your own fault as you obviously did not research the job market correctly.The reason to do a PhD is because you love the subject. If this was true, you didnt waste your time, but of ...

Sounds like a nice way to pay two sets of fees for your investment.

Not really as this is an entry level job. However, you should look at what the longer term bonus potential in this role. At that stage of the career, what you learn and who you get to know is more important than a couple of extra k in year 1.

Spend all of your money and then sit back and milk the benefits system.

The important thing is not the initial salary, but potential longer term compensation including bonuses. I would suspect that in this job you dont learn useful skills, but it might not be as bad as some here suspect.

Look the yields up and then calculate the price of the bonds - compare with Germany for instance.

Makes more money consistently than the 'average' trader can be expected to make on the products that the trader is trading.What would enable them to make more money? Insight, intellect, interpersonal relationships, concentration, fluid decision making, risk management...

Working for a tribe of cannibals you get eaten if you dont make enough profit?

You could always try to head towards the area of bio informatics. It is very maths- heavy whilst also providing medical benefit to society, and probably you already most of the biology side of things. You may be able to get into a Masters in this area.

<t>Do a Phd in an area that you are interested in and enjoy otherwise you will not finish.Mainly it is the skills that are acqured during a Phd that are most important. Obviously Math Finance Phd will give you a lot of specific knowledge of particular areas of theory, but it may not be applicable to...

Management is not really big bucks.If you want to make the really big bucks fast (admittedly with some risk), you should become an entrepreneur. Start the next facebook, google, amazonYou must have lots of techie colleagues who could come work for you - all you need is a good idea...

Flow traders are also in Amsterdam only. Tibra is in London.

Open your own currency exchange at an airport and you can take 10% of all of the idiots' holiday money!! btw which region are you looking?

<t>You should have drank more milk!Seriously though, imo experience in the relevant job will be more important even if it is at a lesser regarded bank. It would be easier to move to another quant job having experience of doing quant work rather than not doing quant work and only speaking to quants. ...

I would be prepared to do this search for a years salary of the candidates.