Hi everybody,Could some senior quants shed some light on the difference between working as a quant in Investment Bank and in Hedge Fund?Thanks for your input !

QuoteOriginally posted by: qxiakingHi everybody,Could some senior quants shed some light on the difference between working as a quant in Investment Bank and in Hedge Fund?Thanks for your input !Well, there's usually more people in an investment bank

Just out of curiosity, could you describe what would your normal working day be like? Except for answering question on wilmott

Get in at 6am, pour myself a coffee...I'll let someone else from the FO answer this.

Look forward to that ...BTW, what's FO?

FO = Front Office.As TJ says IBs have more people, which is both good and bad.The good for HFs isTighter coupling between everyone's work and making money. Less chance of being put in a niche and left thereLess bureaucracyYou will get to see more of the big picture, and be exposed to all parts of the businessThe good for banksYou will have more people to learn fromMore diverse, so more chance of finding the right job for youMore recognised name, good for your next jobMore structured trainingLess of having to do stuff because there's no one else to do it. This can be good & bad, but more bad than good

I think DCFC's comments are accurate.I have also found that the lower levels of bureaucracy/politics mean that it is far easier to progress and get recognised than in an IB.

DCFC, Thanks for your detailed summary Really appreciated!I was asked this question in a recent interview (an IB). I'm wondering what they are trying to get from this question. Are they simply want to know your future career plan? Or are they trying to judge whether you'll quit for HF after a short period?Also, thanks Dey and TJ for your comments.

QuoteOriginally posted by: qxiakingDCFC, Thanks for your detailed summary Really appreciated!I was asked this question in a recent interview (an IB). I'm wondering what they are trying to get from this question. Are they simply want to know your future career plan? Or are they trying to judge whether you'll quit for HF after a short period?Test your knowledge of banking and see if you're going to quit at the first sniff of a HF job.

So, once they hire you, they want to keep you as long as possible,given you proved yourself to be valuable.