<t>Emerging markets are not created equal. I am not sure I would consider India an emerging market for sales and trading. The interesting stuff there seems to be Real Estate and good old IB. Singapore yes, could be quite an interesting gig. Same for Russia, Brazil, South Africa, though in these thre...

<t>Tougher to get does not necessarily mean better. Assuming that your FT offer will come from the internship it boils down to starting at a HF versus MS + later move to a HF. tough call man... I'd go with my gut. QuoteOriginally posted by: dagdacI'm having a really hard time deciding between two in...

I wouldn't touch RBS with a 10-feet pole. If you had a similar offer from a good bank, then there would be a decision to be made. In this case however, there isn't. Go to 2-\sigma.

in a bull market i'd say yes, with bonus time interval.

<t>Many banks would consider PhD's for their sales & trading intake. Try applying to those. My sample and naturally biased observation is that PhDs in finance either go to strategy or to prop trading in banks. It is also common to see them as PM in hedge funds. It is neither unusual to see finan...

<t>QuoteOriginally posted by: farmerQuoteOriginally posted by: almostcutmyhairyeah I guess you're right, L.A. beats Chicago.I'd probably choose Chicago myself. I can't stand California. I just disagreed with your points.Okay, so lets see, Chicago: elephant fat irish women, terrible weather, terrible...

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: Nomadewhy equities? because equities recover with or before the economy. The SP500 is up 30% from Dec last year. Similar for the DJ and other indices. The situation in EM (SK, Brazil, China) is even more dramatically -- for example ...

why equities?

<t>QuoteOriginally posted by: kiwimanWhat are your thoughts on the pros & cons of the following front office quant roles:-IR exotics quant at Barcap-equities desk strat at Morgan Stanley-credit desk strat at Morgan StanleyAll are on the trading desk and in London.Isn't Barcap the team run by Pit...

Their commodities business is there.

<t>what does a quant for treasuries do?anyways.... to offer a different perspective. Structuring is a hit and run job, meaning you do this for a few years and then quit. The hours are long and it involves a lot of grunt work, especially if you are a junior. Also structuring can mean different things...

<t>QuoteOriginally posted by: drews26At some point you would need to tell an interviewer about it. But the problem is that with a PhD you don't even have a shot to get an interview for associate level S&T roles. Whether it'll impress an interviewer or piss him off is unclear and depends a lot on...

<t>QuoteOriginally posted by: vitorsouHello, I need some career advice regarding whether or not I should take a MFE... I recently got transferred from London to New York as a Derivatives Market risk Analyst. Its my third year in this role and am looking to step into the structuring/trading world, ho...

If the issuer is the bank's treasury, there might also be a breakup funding spread, not necessarily when you call, but for instance when you unwind the node due to some trigger (eg: MV or credit trigger). This compensates treasury for the adverse funding environent.

It means the model is wrong, but it happens nonetheless...