What are acceptable reasons for becoming a trader as opposed to a quant?(For example if one was qualified for quant role (or studying towards it) what reasons would one accept at a job interview for trader, as to why the change in career direction away from quant?)

<t>I'm half way through MSc FE, already hold BSc, MSc Mathematics. I'm not sure I want to go the PhD, then quant route any more, as this will take another 4 or 5 years which seems a long time plus I'm not sure I fancy a hardcore maths quant role. I've only just started with C++ but if I focus on tha...

<t>Can anyone help with some useful sources of information for ideas about modelling of operational risk in banking? I'm looking for:1) summary of methods that are currently used2) reseach papers on new approachesAlso, can someone explain how a background in applied and pure mathematics (not statist...

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thanks!

<t>Does anyone have any information (web links, useful books, modern research papers) regarding catastrophic risk (measurement, analysis, modelling, calibration thereof)? Especially interested in trends of research and industry.Especially with regards to operational risk and how IBs approach this? W...

<t>was thinking of starting a phd then going for a quant role. now i think i've done enough studying, i'm starting to find it dull. i'm looking at a more exciting job. What should i do to if i want to become a trader? do i need to do some preliminary reading before i start applying? i'm doing an IT,...

Thanks for both replies. cheers for the text and journal links! I'll take a look. I didn't think there would be much direct application to finance really. how come you know about the subject of asymptotic integral approximation? did you do a phd related to this area?

<t>So there's alot of research concerning numerical methods for approximations using computers etc. But what about research based on analytical methods? Derivative pricing comes down primarily to evaluating integrals and obviously other branches of science would be grateful for advancements in this ...

<t>I notice most posts on here relate to the hardcore quants 'rocket scientists' - but what if one wants to do more of the programming side? (i.e. quant developer related roles). My background is MSc Maths, MSc FE (nearly finished) but now i dont want to be stuck doing maths for my life and I'm enjo...

anyone else?

I'm looking at studying for a PhD concentrating on applications of fourier methods, in particular with respect to option valuation. Can anyone recommend the best institutions to study at, or well-renowned academics in this field?

<t>I am interested in the difference between quant roles in a bank and a hedge fund. I know it will depend on the nature of the role but i'm trying to find out some more general information.1) Can someone give a broad overview of the difference in job roles, working conditions, competitiveness etc? ...

<t>Can someone please explain to me the main differences between quant analyst and quant developer? How much do these overlap? Do all qds have computer science degrees? Is one or other more well paid in general? Are the hours longer? How much time per day does one expect to be programming? Are there...

<t>Thankyou (most) for the contructive comments, especially NShah and twofish.These "filters" you mention in reference to institutions, can you expand? Do you mean: Oxbridge, Imperial, Warwick, King's, LSE? Have I missed any out? Also, any idea what the chances of PhD funding are depending on the in...