June 11th, 2004, 5:59 pm
I'm in the same situation, 40, PhD in numerical math (PDEs), C++, basic math in finance knowledge (books and coursesat Columbia Uni), and I was looking for a quant job for more than a year. No luck so far, even though I had few interviews.One recruiter told me directly, that I'm too expensive for someone who doesn't have financial experience, and that employers prefer young people right out of the school. Indeed, the competition with recent fin. math. grads is high.Even few years ago the situation was quite different, and it used to be much easier to get a job. However,I think it's not totally impossible, it just takes a good deal of effort. And don't expect immediate results, unless youare a genius. Excel/VBA should not be a problem, it can be learned within few days.