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ra008
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Posts: 0
Joined: March 25th, 2006, 1:06 pm

Engineering to IB'ing

April 13th, 2006, 4:54 pm

I have a friend who is a PhD in Mechanical Engineering, specialized in Thermodynamics, which has a lot of applications - large scale and nano-scale.Whats the path to take to get into IB'ing? I am sure IB's need tech experts in order to evaluate merits of technologies etc. Can someone shed some light?Is it possible at all to make such a switch from Engg research to IB'ing?Any engineers out there who can offer thoughts?Very much appreciate it.Thx
 
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marvin
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Joined: March 19th, 2006, 1:28 pm

Engineering to IB'ing

April 14th, 2006, 1:14 pm

There are lots of engineering PhDs making the switch that I know of, including myself. Getting an IB job as a quant comes down to doing well in the interviews. You'll find lots of advice on this forum on how to prepare, what areas to cover, etc.
 
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ra008
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Posts: 0
Joined: March 25th, 2006, 1:06 pm

Engineering to IB'ing

April 14th, 2006, 2:05 pm

What type of job do Quants in IB do relevant to Engineering? For example you yourself, do you evaluate merits of technologies for investment? Or have you made a total switch towards finance? My question is more on the former. Is there scope to do that type of work in combination with finance? If so, how?
 
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DominicConnor
Posts: 41
Joined: July 14th, 2002, 3:00 am

Engineering to IB'ing

April 14th, 2006, 3:06 pm

Depending on quite what he did in Thermodynamics/Engineering I'd guess the maths he did we very applicable to finance. I am sure IB's need tech experts in order to evaluate merits of technologies etc. Can someone shed some light?Need is not the same as want. There are people who look at hi tech firms to see if they're worth investing in. They are so crap that it is often proved impossibleto tell whether their share purchase recommendations are born of incompetence or fraud. We do know that several banks have been fined and sued for really large sums because of their "reasearch" into hi tech stocks But a more honest path into IB is to apply the maths & programming you've done so far.
 
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DominicConnor
Posts: 41
Joined: July 14th, 2002, 3:00 am

Engineering to IB'ing

April 14th, 2006, 3:06 pm

Depending on quite what he did in Thermodynamics/Engineering I'd guess the maths he did we very applicable to finance. I am sure IB's need tech experts in order to evaluate merits of technologies etc. Can someone shed some light?Need is not the same as want. There are people who look at hi tech firms to see if they're worth investing in. They are so crap that it is often proved impossibleto tell whether their share purchase recommendations are born of incompetence or fraud. We do know that several banks have been fined and sued for really large sums because of their "reasearch" into hi tech stocks But a more honest path into IB is to apply the maths & programming you've done so far.
 
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pb
Posts: 0
Joined: January 28th, 2004, 4:24 pm

Engineering to IB'ing

April 14th, 2006, 3:15 pm

WHy are you asking for your friend....QuoteOriginally posted by: ra008I have a friend who is a PhD in Mechanical Engineering, specialized in Thermodynamics, which has a lot of applications - large scale and nano-scale.Whats the path to take to get into IB'ing? I am sure IB's need tech experts in order to evaluate merits of technologies etc. Can someone shed some light?Is it possible at all to make such a switch from Engg research to IB'ing?Any engineers out there who can offer thoughts?Very much appreciate it.Thx
 
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TraderJoe
Posts: 1
Joined: February 1st, 2005, 11:21 pm

Engineering to IB'ing

April 14th, 2006, 9:53 pm

QuoteOriginally posted by: pbWHy are you asking for your friend....QuoteOriginally posted by: ra008I have a friend who is a PhD in Mechanical Engineering, specialized in Thermodynamics, which has a lot of applications - large scale and nano-scale.Whats the path to take to get into IB'ing? I am sure IB's need tech experts in order to evaluate merits of technologies etc. Can someone shed some light?Is it possible at all to make such a switch from Engg research to IB'ing?Any engineers out there who can offer thoughts?Very much appreciate it.ThxHe thinks we're stoopid.