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by stali
April 6th, 2012, 6:59 pm
Forum: Careers Forum
Topic: PhD or Work?
Replies: 27
Views: 18467

PhD or Work?

<t>Quote1. Stay at Cambridge to do a PhD in Engineering, with a focus on financial time series modelling, funded by a prestigious full-cost scholarship2. Start working in the quantitative equities group, or any other group of my choice (provided I prove myself capable), under an investment fund whic...
by stali
June 2nd, 2011, 6:31 pm
Forum: Careers Forum
Topic: caucasians in CMU MSCF
Replies: 71
Views: 28630

caucasians in CMU MSCF

An MFE is not needed to get a good job in finance. But for Asians it is the only way to enter/immigrate to US.
by stali
January 2nd, 2011, 5:51 pm
Forum: Careers Forum
Topic: Can everyone do a PhD?
Replies: 37
Views: 29402

Can everyone do a PhD?

<t>QuoteOriginally posted by: VegaPlusHi there!I have two master's degrees, one in computer science and one in financial mathematics. I'd like to do a PhD but my results in the financial mathematics degree were not very good...So my question is: if I really want to do a PhD, do you think I will be a...
by stali
December 30th, 2010, 5:26 pm
Forum: Careers Forum
Topic: PhD is a waste of time
Replies: 69
Views: 35755

PhD is a waste of time

<t>QuoteThe question is one of the riskiness of pursuing one over the other.The risk you are talking about means different things to different people.However as I have said above the number of PhDs a US university can churn out is restricted by external funding, number of professors willing to baby-...
by stali
December 30th, 2010, 3:33 pm
Forum: Careers Forum
Topic: PhD is a waste of time
Replies: 69
Views: 35755

PhD is a waste of time

<t>QuoteAfter 2 years I've got my qualification, as opposed to being 2 years into a Phd, with a stipend of 30k but salary foregone of 100k.After your MS/MFE you may think you are qualified but trust me you are not and your employer knows that. In fact you are easily replaceable with any one with a B...
by stali
December 30th, 2010, 3:43 am
Forum: Careers Forum
Topic: PhD is a waste of time
Replies: 69
Views: 35755

PhD is a waste of time

<t>QuotePhD is a very different kind of degree from MBA/MS. You can?t compare them. PhD is a long term commitment of 5-6 years, it is high risk degree and returns are not sure.The biggest difference is that you earn a PhD (by doing original work) and you buy an MBA/MFE degree. Good US schools dont j...
by stali
December 30th, 2010, 3:28 am
Forum: Careers Forum
Topic: PhD is a waste of time
Replies: 69
Views: 35755

PhD is a waste of time

<t>Higher education will be next bubble to crash but PhDs will be last to feel the pinch because the situation for MBAs and MFEs is far worse than those with Doctorates.The number of science/engg PhDs a (US) university can churn out is limited by external funding (NSF/DOE/DoD/Industry etc) as the tu...
by stali
March 21st, 2010, 4:36 pm
Forum: Careers Forum
Topic: a miserable quant trapped in unsatisfying job
Replies: 22
Views: 33913

a miserable quant trapped in unsatisfying job

QuoteYour friend is dumb.+1He could easily find jobs anywhere in the industry or some postdoc/permanent position in a national lab/agency. If nothing else than he can always write some good apps/games for the iphone and rake in some good $$$.
by stali
February 26th, 2010, 9:26 pm
Forum: Careers Forum
Topic: Finance in Europe - Visa Issue, Career Growth
Replies: 12
Views: 34472

Finance in Europe - Visa Issue, Career Growth

ETHZ is a very good school in general. Though I absolutely have no idea about their Finance program and its placements.
by stali
January 5th, 2010, 6:21 am
Forum: Careers Forum
Topic: how much do PhD staff physicists & scientists make?
Replies: 145
Views: 51838

how much do PhD staff physicists & scientists make?

<t>QuoteA PhD does not qualify one for either sales or management at all (I'd call a PhD under-qualified for these jobs). The core skill that makes a good sales person or manager are people skills, not technical skills (although some technical knowledge is useful). Research skills and scientific rea...
by stali
December 31st, 2009, 3:33 pm
Forum: Careers Forum
Topic: how much do PhD staff physicists & scientists make?
Replies: 145
Views: 51838

how much do PhD staff physicists & scientists make?

<t>QuoteOriginally posted by: KackToodlesyuk, yuk. you don't even need a phd for the LANL job. It just says you need an "advanced degree" from an acredited university. So any idiot can just go sign up for a night–time masters degree in computer design and get this job. Read it again. The position is...
by stali
November 6th, 2009, 5:48 pm
Forum: Careers Forum
Topic: PhD Finance from 40 Ranking v/s MBA from 20 Ranking
Replies: 9
Views: 36442

PhD Finance from 40 Ranking v/s MBA from 20 Ranking

<t>I agree with cryptic26. Skip 1-2. There are just too many MBAs around these days. Besides China/India are mass producing them in millions.Usually a BS is more than enough specially if you want to have an entrepreneurial career. Anything you need to learn to do your job can be done while working. ...
by stali
July 7th, 2009, 1:31 pm
Forum: Careers Forum
Topic: Goldman programmer arrested for code theft
Replies: 8
Views: 39565

Goldman programmer arrested for code theft

The article says... “The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways,”Now whats this supposed to mean? Goldman has developed a code to manipulate markets in unfair ways.
by stali
June 29th, 2009, 12:59 pm
Forum: Careers Forum
Topic: Why on earth is anyone getting a PHD?
Replies: 112
Views: 53379

Why on earth is anyone getting a PHD?

<t>QuoteWhy on earth is anyone getting a PHD?This is impossible. The growth in the number of PhDs awarded every year is much much less than the growth in BS/MBA programs. This is specially true for the developing world where dozens of BS/MS programs are opening up every week.Moreover PhDs are fully ...
by stali
June 26th, 2009, 7:08 pm
Forum: Careers Forum
Topic: Mathematics and Economics graduate 2.2 degre :( Need advice!
Replies: 45
Views: 45555

Mathematics and Economics graduate 2.2 degre :( Need advice!

<t>QuoteOriginally posted by: AbhiJQuoteOriginally posted by: staliDont waste your time and go to India asap. The country is changing for good and there are lots of opportunities. I know a bunch of academically smart people who went abroad to get their PhDs/MFEs (along with their false inflated egos...