Sorry the survey is: http://www.napierscott.com/salary_surve ... exotic.htm

<t>On tier 1 & 2 compensation expectation, take a look at the survey to see whether there is any differences. The survey is indeed for trading job, not investment banking.I am wondering what happen if a MD in IT interview with early 20 Bill Gates. Will the MD still insist on offering him analyst...

<t>Forget about the french students. I think the discussion is about the general situation, not the isolated students who are so happened that are talent, know the shit without risking a dime in real market, got internship ahead of anyone in NYU and are French who I have told to be the "king" of tra...

<t>QuoteThe 6 out of 9 french students who were hired as summer associates etc etc are all fresh out from school. None of them has full-time work experience. They are outstanding candidates these French =) Fully deserve this if you ask me. They really know their shit.That's fair. But why it has to b...

<t>QuoteTrue. The earlier poster however asked "in which situation are people taken up as anaylst, associate, etc." and the only requirement is a 2 year graduate program for the assoicate position. Yes, on an average associates has work experience and/or a Ph.D. since the market is very competitive ...

<t>It is common sense that there is no definite rule for one to be hired as an associate and I personally know one as well. However, it is definitely not the norm and should not be seen as a general case. Berkeley's MFE for example has an average salary of about 90K but many of them has already had ...

<t>I was a summer associate last year and yes it is possible to get an associate without an experience there. However, they are all PhD candidate and the firm actually require a solid PhD degree before they can be recommended for full-time assoicate. Otherwise, they will be placed in the analyst pro...

<t>For vanilla, the timing to buy and sell may be crucial. For exotic option, hedging is more important since it is likely that you will have to hold your position to maturity. Therefore understanding the risk of the positions is the most important. Besides, exotic book usually contains long dated o...

<t>QuoteOriginally posted by: quantstudent19risk mgmt, for sure, but this is a quant job to me ( ok, i should have said "quant", not "quant developer")for trading, i m really not sure... we would need some statswe could try a poll, but on this forum, it might be biased ...anyway, here i am => tradin...

A program on computational finance will not restrict you to be quant developer only. For trading, risk management and any quant related jobs, CMU has advantages over oxford and LSE.

The relevant question to ask is whether you need financial aids.

<t>Do you think the firm will hire you as an associate rather than an analyst just because you have more unrelated working experience? For associate without any prior experience, firms usually recruit from their summer programme and the number of vacancy of this sort is very low (around 20 globally ...

early 30 is indeed "old" for junior trader role. Asset management may be more likely.....The problem is that your boss (MD or at least D) is likely to be of the same age as you and comparing with the skills for junior trader, young grads are quite well-qualified these days.

<t>LSE reputation on computational finance is nothing compared with CMU. If you take 1.5 year for CMU, you can get some sort of internship in the middle which pay more than half of the tuition in CMU + network with the industry. Students in LSE is not that high in quality compared with CMU students....

<t>The problem of brainteaser is that the interviewers are using the same questions over and over again. It makes those who heard of them particularly "smart" which does not really reflect his abstract thinking capability. I have a friend who has heard of the same brainteaser three times with three ...