On reading the books - Interview Questions for Quants by MJ and PW repectively, the questions didnot appeared of PhD Level, rather Masters Level. If Quants are being recruited based on Master level Questions then is PhD nothing more than a filter(in most cases) ?

Does it make any sense to pursue a Masters in Econometrics before doing a MFE. Does such a combination increase the chances of getting a better Quant job ?

<t>QuoteOriginally posted by: dstefanPursuing an MFE or a PhD are first and foremost career choices. I would not recommend to pursue a PhD if one knew ahead of time the goal is to work in finance. Pursuing a PhD makes most sense for someone with aspirations for an academic career. Of course, while i...

<t>QuoteOriginally posted by: farmerQuoteOriginally posted by: prasenjit0211After 500k it becomes a question of intrinsic versus extrinsic motivation as 500k is enough to lead a luxurious lifestyle even in NY.If you are 21 and grew up in a shack, maybe. I wouldn't call it luxury, but suppose you liv...

<t>QuoteOriginally posted by: traderjoe1976Yeah, Business profs get paid around $200K base salary per year to teach 6 hours per week. So long as you show up for your 6 hours of teaching, they cannot fire you.Then they make an additional $150K per year from Executive MBA teaching. These classes are n...

<t>QuoteOriginally posted by: ThinkDifferentthe thing about tricky questions is that this ability alone is not sufficient to become a good scientist/quant etc. try solving problems from international math olympiad. most professors will end up scratching their heads for hours while 15 y.o. kids manag...

What drives these MDs and fund managers to work insane hours - year after year.A.) Family Responsibilities.B.) Greed for Wealth and luxuries that wealth can afford - yatch, women etc.C.) Peer Pressure. D.) Workaholic attitude.E.) Pure love of work.

He would probably fail (that too intentionally).

Man this thread is going hyperbolic. Consumer Confidence level is certainly at lowest levels since the Great 'D'.

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: traderjoe1976Dude, I was a professor in the Business School. Let me tell you that there is nothing cool about it. They make most of their income through executive MBA teaching and consulting work. to get your $500K, you have to turn...

<t>QuoteOriginally posted by: Finance1987That might be true. But I think there exists no reason to pursue an MBA when you have the requisite qualities. An MBA might be deemed more suitable for a person with better EQ, but to assert that it might not 'help' someone who doesn't have high EQ is slightl...

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: prasenjit0211I know a guy - typical geek - self absorbed, less action orientated, unaware of gap between reality and perception. He did his MBA and now he looks like a former shadow of himself, accepted his life as a mediocre perfor...

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: Finance1987President of America? I think being a professor in an academic varsity is also pretty "cool" for some people. why not become a mail clerk. it's an easy, secure civil service job and nobody will bother you while you sort t...

<t>QuoteOriginally posted by: Finance1987Where did he do MBA from? That's the big question. Secondly, asserting that an MBA is 'only' for non-geeks is pretty inane. There are certain advantages in pursuing an MBA-- something which 'research' oriented degrees don't typically imbibe in the candidate.T...

<t>QuoteOriginally posted by: twofishBut it's easier to teach a numerical relativist, management skills than to teach an MBA numerical relativity, and one reason I like working where I do is that I can point to so and so, and say "that's where I want to be in ten years. In many cases MBA tend to hav...