January 29th, 2010, 4:48 am
QuoteOriginally posted by: EEGradQuoteOriginally posted by: AlekkThis section is packed with threads describing how to enter the quantitative finance industry: what are the ways to leave it ? I have heard of many PhD students discussing of how they would work as a quant for a decade or so, make some real money, and they leave. I have not been given the chance to actually meet anyone having left the quantitative industry (mainly because I am still a poor PhD guy, I guess) - I am curious about what people can do if they eventually decide to have a try outside the quanty world. On one hand, I am inclined to think that after 10 years or so in a bank one can easily get accustomed to a certain level of income and lifestyle, which can make such a decision quite intricate. On the other hand, with so many threads describing the joys of a quant life, I am sure that many people do consider this option. In short, with a science PhD background, what would be your best shot after a decade of quant job ?Even if you wanted to stay wouldn't you be anyhow laid off at the age of 50? At least in tech industry ageism is rampant, and given the insane hours and lifestyle in finance it seems logical that you will be let go and will find it very hard to find a job after 50, so better to have some plan for future.so that's basically the same question: what can you do after a quant job ? You will maybe tell me that at the age of 50, after a career in the quantitative finance, you don't really need another job (at least financially speaking ?)