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What to do?
Posted: June 3rd, 2006, 4:16 am
by Freelancer
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.
What to do?
Posted: June 3rd, 2006, 4:42 am
by pgeek
"first very good offer" and "better offer" hmmm..how good and how much better?
What to do?
Posted: June 3rd, 2006, 5:51 am
by Freelancer
Let's say first offer is USD 100K and better offer is 120K.
What to do?
Posted: June 3rd, 2006, 6:10 am
by jimmycarter
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.
What to do?
Posted: June 5th, 2006, 1:51 am
by Freelancer
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.