<t>QuoteOriginally posted by: AnthisQuoteOriginally posted by: rmax however you won't be in IB, you will be research - you might be able to make it back in but then again you might not, also you might not want to....Even if there will be an inflation of PhDs by that time, i guess an MIT PhD will alw...

<t>QuoteOriginally posted by: TraderJoeQuoteOriginally posted by: yoshimura1the one i got is BS business math and stat, most lse degrees are bs my friend.Joke's on you then?The joke really is on him if, with all those qualifications, he ended up at a Japanese firm rather than a Goldman, Morgan etc. ...

If trading is your career goal you may be better off taking the Lehman offer. For most trading jobs you need a PhD and few traders will actually have one. What is your job title, analyst or quant developer ? If the former, the Lehman offer would be very tempting, if the latter, maybe not.

<t>QuoteAt the hostel, you got free pizza once a week, you get into interesting conversations with people from all across the worldQuoteBusiness class hotels are designed for people who are exhausted after a day of meetings and just want to crash and be left alone and who have expense accounts and h...

tick, tick, tick.... countdown until twofish appears with his 'i entered quant finance at 40 speech'.

<t>QuoteOriginally posted by: twofishQuoteOriginally posted by: mwamMy experience has been that the young ones tend to do the long hours, no questions asked, but the older ones keep whining about not being able to see their spouse, tuck their kids into bed, not being able to play with their kids at ...

<t>Here is one common problem when hiring older folk for entry level positions, and it does seem to be entry level we're talking about in this thread. What the typical associate lacks in business knowledge they make up for by hard graft, basically putting in the hours. My experience has been that th...

Usually written offers are dependent on having the correct work authorization, so i guess they could withdraw the offer in theory. However, finding someone else would probably take longer than 15-30 days anyway.

<t>QuoteOriginally posted by: fars1d3sA lot of bank traders use a tactic called "stop-hunting" where they move the markets toward levels where lots of stops are concentrated, executing them, and then letting the markets move back so they can book the profits. Do you think this ethical ?Did you read ...

<t>QuoteIT groups are the lowest in the food chain in any bank....both in terms of bonuses, and people looking down upon you as cost center. closely followed by the quant research group i might add. realistically, unless you contribute a P&L, you're going to be pretty far down on the food chain ...

<t>QuoteOriginally posted by: 029dominic thought it would be worthwhile sharing a recent experience with gs london. if you have an onsite interview, make sure their travel department does not only reserve a flight (if necessary) but also pays for it. the latter was not the case when i interviewed wi...

<t>QuoteOriginally posted by: amerikanOkey, that's interesting, I thought it had existed for a longer time, as quantitative finance is older than that. But what about a trader, a financial engineer or something else like that, what do they earn the year before they retire?either a lot or zero depend...

<t>QuoteOriginally posted by: DCFCCloser to the money is better, after that choose the thing that you are most better at than other people.This is great advice. I'd even go so far as switching the statements around. Many times have I seen excellent quant developers turn into medicore quants\traders,...

<t>Although usually contracted as discretionary, if you're valued highly enough you'll be paid no matter what the general market conditions, maybe not as much as if the market was booming but you'll still be paid. Most IBs know who they can afford not to pay and who they can't, and usually the emplo...

<t>Never underestimate the power of building a rapport with people to get you places. I agree with the PC comment. Many times have I seen good traders come up through the middle office. I have a half dozen colleagues now running desks, or in the case of one a division, who began their career as a P&...