Hi,I am about to start my professional career (after having done a quantitative double degree (MSc and Diploma in Germany in Mathematics / Financial Mathematics)) at a leading financial risk consulting firm. I cannot precisly say what kind of projects I will do but it looks like I will be involved in credit risk modelling (LGD, EAD modeling, Basel II and internal ratings, state of the art credit portfolio models, capital allocation & bank steering). It will be a good mixture of conceptual work and hands-on IT implementation work. Besides the firm offers to take part in a MSc programm at mathematical finance in Oxford so I would be provided with a broad quant skill set. My question is:If I in the long run I intend to move to a front desk quant position or at least a quant role which is not purely an IT-dominated middle-office position is that the wrong track and I should rather directly apply to an IB or continue with a PhD (recall, I did already TWO Master degrees and TWO MSc thesis so I have done significantly more than a usual MSc) ? After all, in the moment it seems to be difficult to get hired and when doing a PhD now I would throw a way a job where I might earn a 6-digit salary until I am 30 (i.e. double my salary in about 2 years more than a doctorate would take).My point of view is that getting a front office position should be easily possible since I (will) have a lot of programming experience, serious project management experience, will be used to meet tight deadlines and communicate efficiently and besides these consultant-like skills will nevertheless deal with real mathematics or at least complex methods and systems. Moreover, I will be exposed to trading systems like Front-Arena and Summit. So what do you think ? Will anybody care that I won't have the two letters "Dr" on my business card ?thanks for your adviceMarkus