I have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.

QuoteOriginally posted by: ChaoticI have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.Equity Research, no contest.

what is your area of interest ? (that is what matters at the end of the day)

QuoteOriginally posted by: ChaoticI have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.Dude, you are a quant PhD, which would ordinarily doom you to being a programming flunkie for some worthless piece of shit area (front office quant, risk, model val - you name it) and you have been given a gift from G-D, yesy from G-D, a non-quant position, well at least none of that numerical nonsense, and you want to pass it up for some modelling shit in risk??????? Are you worried your German isn't strong enough. EMBACE THE NON-MATHEMATICAL WORLD, BECOME A REAL UNFRAGMENTED HUMAN BEING, AND THANK G-D THAT YOU HAVE ESCAPED THIS PHD NONSENSE!!!!!!ONCE AGAIN EQUITY RESEARCH NO CONTEST. Unless of course by equity research youmean equity derivatives modelling, in which case I can't advise you because I would be suicidal with that.... maybe like I am a little bit now....

QuoteOriginally posted by: EscapeArtist999QuoteOriginally posted by: ChaoticI have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.Dude, you are a quant PhD, which would ordinarily doom you to being a programming flunkie for some worthless piece of shit area (front office quant, risk, model val - you name it) and you have been given a gift from G-D, yesy from G-D, a non-quant position, well at least none of that numerical nonsense, and you want to pass it up for some modelling shit in risk??????? Are you worried your German isn't strong enough. EMBACE THE NON-MATHEMATICAL WORLD, BECOME A REAL UNFRAGMENTED HUMAN BEING, AND THANK G-D THAT YOU HAVE ESCAPED THIS PHD NONSENSE!!!!!!ONCE AGAIN EQUITY RESEARCH NO CONTEST. Unless of course by equity research youmean equity derivatives modelling, in which case I can't advise you because I would be suicidal with that.... maybe like I am a little bit now....Why do you keep spelling God as G-D?

QuoteOriginally posted by: ehQuoteOriginally posted by: EscapeArtist999QuoteOriginally posted by: ChaoticI have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.Dude, you are a quant PhD, which would ordinarily doom you to being a programming flunkie for some worthless piece of shit area (front office quant, risk, model val - you name it) and you have been given a gift from G-D, yesy from G-D, a non-quant position, well at least none of that numerical nonsense, and you want to pass it up for some modelling shit in risk??????? Are you worried your German isn't strong enough. EMBACE THE NON-MATHEMATICAL WORLD, BECOME A REAL UNFRAGMENTED HUMAN BEING, AND THANK G-D THAT YOU HAVE ESCAPED THIS PHD NONSENSE!!!!!!ONCE AGAIN EQUITY RESEARCH NO CONTEST. Unless of course by equity research youmean equity derivatives modelling, in which case I can't advise you because I would be suicidal with that.... maybe like I am a little bit now....Why do you keep spelling God as G-D?superstition

Are you German?

Hi, thanks for the feedback. I am neither German nor British.

QuoteOriginally posted by: EscapeArtist999QuoteOriginally posted by: ChaoticI have two offers from BB banks in Europe. One of them is a risk management role, the mathematically sophisticated kind in London, while the other is equity research in Frankfurt. Does London give me better career options even though I will be in RM? Or I should just follow my passion and get some good experience building models. (How much does location matter?) Your comments would be much appreciated.Dude, you are a quant PhD, which would ordinarily doom you to being a programming flunkie for some worthless piece of shit area (front office quant, risk, model val - you name it) and you have been given a gift from G-D, yesy from G-D, a non-quant position, well at least none of that numerical nonsense, and you want to pass it up for some modelling shit in risk??????? Are you worried your German isn't strong enough. EMBACE THE NON-MATHEMATICAL WORLD, BECOME A REAL UNFRAGMENTED HUMAN BEING, AND THANK G-D THAT YOU HAVE ESCAPED THIS PHD NONSENSE!!!!!!ONCE AGAIN EQUITY RESEARCH NO CONTEST. Unless of course by equity research youmean equity derivatives modelling, in which case I can't advise you because I would be suicidal with that.... maybe like I am a little bit now....Hey EA,Lots of people especially those in MFE courses would die to be in your shoes but you insist it is a horrible job. It pays well does'nt it. Is the level of respect so bad that it prompts responses like these. I work in IT . Maybe not as much money as you guys make but overall I like it and the respect is not overwhelming but I no disrespect either. No complaints from my side as I actually like my job. Why do you hate your quant job so much. Would you hate it more if you were in IT. I mean is it programming you hate or is there something else.Thanks,CF2

he means quant equity research, which is just schelping BARRA models into an excel spreadsheet and making color charts. which of the twenty five BARRA factors are you going to choose?

There is one downside to ER. There are many small shops doing ER for cheap. The starting salaries aren't very high. However it has better exit opportunities and hard work can catapault one into Portfolio Mangement.

QuoteOriginally posted by: KackToodleshe means quant equity research, which is just schelping BARRA models into an excel spreadsheet and making color charts. which of the twenty five BARRA factors are you going to choose? Excel spreadsheet monkey is worse work than C++ code monkey.

ER no-brainer. Even being excel monkey for a while you could decorate your ER-resume to make it reasonably attractive. Not so much with Risk.

Quote ArthurDentExcel spreadsheet monkey is worse work than C++ code monkey. Why? Because you enjoy the fat manager coming by to tell you that you are a smart monkey who is a C++ whiz kid, and pat you on the head?