Quants - PhD is a filter ?

prasenjit0211 · June 9th, 2011, 8:35 am

On reading the books - Interview Questions for Quants by MJ and PW repectively, the questions didnot appeared of PhD Level, rather Masters Level. If Quants are being recruited based on Master level Questions then is PhD nothing more than a filter(in most cases) ?

Hansi · June 9th, 2011, 8:46 am

QuoteOriginally posted by: prasenjit0211then is PhD nothing more than a filter(in most cases) ?Yes. The math used day to day is not PhD level.

DominicConnor · June 9th, 2011, 1:38 pm

Sometimes a filter, sometimes a requirement

traderjoe1976 · June 9th, 2011, 3:52 pm

QuoteOriginally posted by: prasenjit0211On reading the books - Interview Questions for Quants by MJ and PW repectively, the questions didnot appeared of PhD Level, rather Masters Level. If Quants are being recruited based on Master level Questions then is PhD nothing more than a filter(in most cases) ?There is a difference between writing code for models which already exist and developing new models. The former can be done by MFE. The latter probably needs PhD. PhD is more about changing the way a person thinks rather than learning advanced math.

ArthurDent · June 11th, 2011, 2:49 pm

Job interviews are meant to weed out those who do not have a grasp of the basics, hence a majority of questions will be at non-PhD level.

ChicagoGuy · June 12th, 2011, 1:59 pm

You will encounter much harder questions in the actual interviews, especially if you are applying for a position that requires a Ph.D.