There is some truth in what she says.

The benefit for who?

It tends to be the case in most banks.

<t>Regarding moving into Hedge Funds, it would depend on the type of derivative instruments you trade and the amount of proprietary trading skill and experience you have. Most options “traders” in investment banks are market makers and don’t separate their proprietary trading profits from their flow...

<t>“On Aug. 29, less than two weeks before it disclosed the multibillion-dollar losses, Mr. Maounis said in an interview with The Wall Street Journal that the perception that Mr. Hunter was taking recklessly large bets was "greatly exaggerated" because he designed his trading strategies to limit big...

<t>QuoteOriginally posted by: Gmike2000there was a time when barcap was hiring like mad. is this now reversing?I understand Barlcays has continued to hire a significant number of Director level people in the first half of 2006. They also hire about 300 new graduates as generic foot soldiers. Reminds...

"GS... lots of gays/video cameras installed in the lift;"Are these related?

Interesting to note that the guy featured on the quant associate page of their campus recruitment site is no longer at BarCap, and the guy that featured as a quant on their site before him, he’s no longer there either.

<t>From my experience the French are over represented in most banks not just GS, both in quant and trading. Lack of English Language is not a problem, because the first language on most derivative trading desks is French. My manager, who is French, asked me to look over the CV’s of a number of candi...

<t>I’m an exotics trader with a theoretical physics background and just about everyone on the floor swears by Hull. When I started they told me to read it every day, but I don’t think it is a very good read for a quant and I don’t particularly like it. Baxter and Rennie, Wilmott, Joshi etc are far b...

I wear a short sleeved shirt to work (IBank), but to be on the safe side, I wouldn't for an interview.

In cross country racing you hear the same kind of stuff about how super fit Filip Meirhaeghe is, and how strong his heart is blah blah. Every one loves him, he is a hero. Then...Filip Retires From Racing After Positive EPO Test

<t>QuoteOriginally posted by: wstgurucan they give some figures about placement of former students, somebody assumed in the thread "how to become a quant" that only 2 people in 2002 class had jobs.RR: I don't understand what do u mean by the banks were exploiting. I honestly can't understand how u c...

In the link you give they use the term “I-banking analyst” to describe an analyst job in the investment banking division of an investment bank This type of job is best avoided. The fun stuff goes on in the financial markets business of an investment bank, which includes quant jobs.

<t>A subject close to my heart! No question about it, Eastern European girls are the best. My particular favourites are Latvian, Czech, Slovak and Hungarian. You guys should get out more. Have a Friday night in Prague, I recommend a club named Darlings. Agree with maniac, American girls are the leas...