"I would beg to disagree with Omar on the matter of funding for universities in the UK."

I was kidding, Michael. I just didn't use those silly little smiling faces. Everyone knows that postgrad finance programs are cashcows for their departments.

Hi Rich,Do you still look at this WIlmott website ? If yes, I would like to talk to you privately , seeking for some help regarding CMU MSCF program.Looking forward to hearing from you.Jobseeker

A fact of life is that the job opportunities for MSc in Finance has matutured already. This means alot of the students in these Univeristies will find out that they wont get these high salay jobs, but have to fins jobs in other sectors! In fact, right know the universities are massproducing students, who have to fight for a limited number of new jobs in the street.

I totally agree ! THat's why I am still looking Wilmott.com everyday even I got internship experience in a bulge-bracket in one of the most respectful business. But the outcome ? Sucks and jobless in my home. The school doesn't care, they just squeeze the money from the poor students. I could not imagine they still ask students to pay on their own aeroplane fare and also suggest them to live in 5-star category hotel (in order to attend a job fair).Everything is ridiculous ! IT is good I chat with you all, at least I gained more insight on what the industry actually deals with and more insider news. In the meantime, I am actually trying to revise some of my linear algebra stuff , but I don't have any reference. Two notes that seems releveant are thoese from CMU and Chicago's FIn Maths program's linear algebra. If any ofyou have those notes, I highly appreciate for your help. In return, I will send back some of my notes in other subjects to you.Life is terrible, so goshawk, are you a victim of these MSC program ? If yes, what has been up to you so far ? YOu may email privately for futher discussion if you like.JobseekerN.B. Dearest Paul Wilmott, grateful for your word of advice. I already contacted the whole world investment banks, headhunters .. and also had 4 interviews (one phone interview lasting for 1 hr!!!) but still could not even get a single offer !

Dearest Handsome most respectful Quant Guru Mr Paul Wilmott,Your input is highly appreciated regarding how to break the ice and secure an entry job in quant finance under this tough economy.When I applied jobs in USA, no feedback ! Seems like 100 person competing for 1 post.When I applied a trader trainee in my home country, even worse 500+ person for 1 post and the feedback I got seems to say I amtoo old (actually I am just 28 yr. old, but they say I worked two years before and they want a fresh graduate, totally absurd !)When I applied in UK, little hope ! But the problem is the work permit. I just tried all those headhunters but ....PHD seems the recruiters' first choice.When I applied to Japan, they want somebody to speak Japanese !So I am a MSc. in Fin . Eng. from a top 10 USA B-school, study so hard, pay so high tuition fee and ends up sucking in my room.I really feel pissed off and hope the dearest quants who look this message can help me by providing me some hints/tips on how to approach.I really need help ! Otherwise maybe I have to be jobless for half or even one year !!!!ALl person's feedback are extremeley appreciatedJobseeker(poor example from mass production of MSC program)

Jobseeker,where are you now? If you are in Asia, I do have a few contacts here. Drop me a mail.

I am still in USA in a reputable university but I can't reveal it here. Otherwise all my classmates will tease at me !If you don't mind, let us chat privately. How can I reach you ?I am open to any location worldwide !!! Japan, HK, SIngapore, no problem, just anywhere !!! As long as I canget my feet enter in the industry first !!! THanks in advance,Jobseeker

Jobseekerif it is any consolation, from my last year's experience, if you don't get recruited from the big graduate programmes (which you usally know around Feb-Apr), you are most likely to get a job in the summer. That's what happened with almost 50% of those who got a job from my MSc. So keep the faith (and use those contacts !!!)

<<<I am too old (actually I am just 28 yr. old,>>>there may be some truth in this, from a recruiter's standpoint. apparently hsbc don't like to take anyone over 23-24. all i can say is stick at it, if you really want to get into the field you will, though maybe it will take longer and be by a different route than expected. keep an open mind!

No, I've landed a job in the industry myself, nut that was 4 years ago. And knowadays, the universities massprodoce students and we always have like 100 students searching for one jobs. However Im not worried myslf since once you have experience its no problem. A quant has to have a resonable knowledge of programing, so have you thought of getting into the IT industry as a hacker for a start (while freshing up your math/deeper ), i.e by a systemdeveloper for finance (I know they have lots of jobs still ). / Good luck

"Dearest Handsome most respectful Quant Guru Mr Paul Wilmott"he loves it when you call him that.

Thanks all for advice. I used to program a lot and have good system skills.What I lack is luck and opportunity. Also I am not a citizen here at USA.I feel if I am the employer I will first choose the American these days becausethey short so many people last year.I have good working experinece in programming, have internship exp. at areputable bulge-bracket, but the end result is still to suck ...I really feel pissed-off. Any job referal from any of you ?Jobseeker

Have you tried the hedge funds and trading partnerships? Only two years ago, I got the impression that they were hiring lots of people, though all the people I know who went to work for them were physics PhD's.

Hi Omar,Can you give me some list of hedge funds ?Thanks,Jobseeker