August 17th, 2004, 9:55 pm
Hi everyone!I have read a couple of old threads about the difference between working as a quant for a hedge fund and an investment bank, however I'm wondering if it's the same for developers/quant developers.Specifically, is it better to start a career as a junior developer at a top tier investment bank or at a hedge fund, given a choice between the two? The earlier threads seem to imply that it's harder to move HF -> IB than the other way around, does this apply to developers as well as quants? And does it matter?Also, in general, do you know how the type of work/hours/compensation/environment differ between the two?And another thing, while I'm at it, there was a thread about hedge fund rankings, pointing to the FT website, but I haven't managed to find anything there. Any clues? PS This is a great forum btw, you seem to be a bunch of really nice and intelligent people