Serving the Quantitative Finance Community

 
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Pascal
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Joined: May 10th, 2002, 3:29 pm

Example of people who moved from physics to Finance

May 10th, 2002, 3:37 pm

Hello, I get a PhD in theoretical nuclear physics 6 month ago, and now I work as consultant in financial engineer in an investment bank at Paris. I would like to know if there are people who have the same training, but who work as quant or researcher in finance. If it if the case, I would like to know if it is easy ti find a so kind of job.
 
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J
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Joined: November 1st, 2001, 12:53 am

Example of people who moved from physics to Finance

May 10th, 2002, 4:09 pm

Pascal,"work as consultant in financial engineer in an investment bank"How do you get this job? What does mean working as consult in financial engineer? Do you mean you give your professional advice to your client in the aspect of financial engineering?
 
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Pascal
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Example of people who moved from physics to Finance

May 13th, 2002, 5:31 am

Yes I give advice to customers about the best IT organization for a specific market activities but my work is too IT oriented. I need just to have some general knowlegde about the rate activities or credit derivatives activities like who to price instrument or how to calculate the VaR (for example I'm working on the VaR for credit derivatives, I made some parametrization in the software, but I would like to develop some models too). I would like to get a job where I make some calculations, some pricing model and so on. But it is difficult to find so kind of job in France, so I would like to know if it is easier in US or UK or Canada in this case I would like find a job in one of this countries.
 
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mj
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Joined: December 20th, 2001, 12:32 pm

Example of people who moved from physics to Finance

May 13th, 2002, 3:40 pm

there are lots of physics phds now working in finance. If you know how to think, know derivatives pricing and know some programming, its not hard.
 
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Chukchi
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Joined: December 15th, 2001, 3:43 am

Example of people who moved from physics to Finance

May 14th, 2002, 6:53 pm

I would like to know if there are people who have the same training, but who work as quant or researcher in finance. >>Pascal,You'll find some people with similar background at econophysics community and at finance-and-physics.org.In Paris you can talk to very kind ITO33 or science-finance people.
 
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Nishan
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Example of people who moved from physics to Finance

May 16th, 2002, 10:00 am

Salut Pascal,J'habite en Suisse et dans quelques années j'aimerais travailler en tant qu'ingénieur financier, ce que tu fais maintenant.J'aimerais savoir combien tu gagnes dans ce job, ca se demande pas vraiment mais ca serait sympa que tu me répondes. Et aussi, d'après toi pour faire ce métier vaut mieux faire math appliquées ou physique?Merci d'avance pour ton aide!A+
 
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Mexx
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Joined: May 1st, 2002, 12:27 pm

Example of people who moved from physics to Finance

May 16th, 2002, 11:28 am

Nishan,Can you post in English please, reading your post was hard work (and I don't like working hard). Many of the questions you asked are being addressed in other Threads, and if you can't find what you what, start a new thread.Thanks,Mexx.P.S. If you are going to ask someone how much they earn on the Forum, at least use private messaging (which niether of you have set up).
 
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Nishan
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Example of people who moved from physics to Finance

May 16th, 2002, 12:53 pm

Mexx,If I wrote in french, it's because my message was adressed to Pascal who's a french man.Sorry if it caused you probs.In fact, I don't think that my questions are answered in other threads..because there are not a lot of people who work in the french or swiss market. And I think the earnings and studies are pretty different in Switzerland.But thanks for your comments.Nishan.
 
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Pascal
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Example of people who moved from physics to Finance

May 17th, 2002, 2:41 pm

The average of salary in France for so kind of job is 30 000 (with engineer school)€ to 40 000€ (with PhD or some high engineer school) you could add bonus of 10 to 20 %. That the depend on you employer and your performance.I guess, that if you want to do so kind of job in France, it's better to do apply mathematics (for finance would be better like stochatic calculus), with a specialization in numerical calculus in C++.In an order country than France, Mathematics or Physics with some knoledge in stochatic(master or PhD) is equivalent if know how to do numerical calculation in C++.Just I question, is it easy to get a position in Swizerland ?
 
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Nishan
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Example of people who moved from physics to Finance

May 21st, 2002, 12:26 pm

30-40000 euros? For a fresh graduate engineer?I don't think it is easy to get a job in quantitative finance here. But an economics professor from HEC Lausanne told me that they like physicists in the risk management. You can earn something like 120000euros. But it is pretty hard to find a job. But if you have 5-10years experience, I think you can get a job.Because swiss managers like people who have a lot of experience. And your PhD will be welcome. But you should know german, because even in Geneva, they work a lot for swiss-german clients. But I think that for a young man like you, it will be better to find a job in England or in the U.S.
 
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Pascal
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Example of people who moved from physics to Finance

May 22nd, 2002, 5:20 am

Why this interrogation about the salary....I gave you the real range....Salary in France are not so high in this field like in US or in UK......I thanks you for your advice, I guess I will Leave to US or UK, I guess it would be easier to go to UK than US because for the US is need a visa...
 
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Nishan
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Example of people who moved from physics to Finance

May 22nd, 2002, 1:08 pm

Salary in france seemed me a bit bad...Go to this URL : http://www.lemoneymag.fr/Kalideo/Site/A ... 0.htmlThey say that a french financial engineer earns in the beginning between 40-50000euros, then after some years he earns about 100'000euros.And I think also that you should go to U.K. Even if U.S. would be better...But be careful! Employers in U.K. are not like the french employers! After 5years they dismiss you! And even after less time sometime...Maybe you should ask an english quant. for the working conditions. Pay is very good but the job stability is really bad..and as you say in french : "Il ne faut pas avoir les yeux plus gros que le ventre!"In wich french university did you do your PhD?