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Freelancer
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Joined: March 25th, 2005, 6:36 pm

What to do?

June 3rd, 2006, 4:16 am

Would you take a first very good offer or decline and keep searching for a better offer you know you can get but that could take 8 more weeks to find?Give your opinion please.
 
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pgeek
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Joined: April 24th, 2006, 2:34 am

What to do?

June 3rd, 2006, 4:42 am

"first very good offer" and "better offer" hmmm..how good and how much better?
 
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Freelancer
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Joined: March 25th, 2005, 6:36 pm

What to do?

June 3rd, 2006, 5:51 am

Let's say first offer is USD 100K and better offer is 120K.
 
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jimmycarter
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Joined: July 14th, 2002, 3:00 am

What to do?

June 3rd, 2006, 6:10 am

I would think the most important thing is whether your offer will lead you to bigger and better things. For example, if you want to be a derivative pricing quant in the future, the most important thing is whether your job gives you exposure in models, products, numerical methods, C++ etc. 100k or 120k is relatively unimportantI made a mistake in the past of taking a first job that is superficially very glamorous, but in fact does not help me to build up a career as it involves none of the above. Working in that job for two years, and then move again, I can only get the salary of an entry level derivative quant, and thus lost two years of seniority. Two years of seniority will mean much more than 20k.
 
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Freelancer
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Joined: March 25th, 2005, 6:36 pm

What to do?

June 5th, 2006, 1:51 am

Hey Jimmy,Thanks for your opinion. It is funny as the job offer i got is derivative pricing quant while i might get a more glamourous job as a research quant.