August 6th, 2008, 1:04 pm
QuoteOriginally posted by: LubbermuchhioQuoteOriginally posted by: AbhiJIn India as far as quantitative work is concerned there are less number of firms.As far as I know some work related to Fixed Income Analytics is being done in the Bulge Bracket firms.You may try there.For trading there is Futures First , Mariott.Risk Management commercial banks like ICICI and all Bulge Bracket firms.Less quant work in India can be attributed to the fact that there is a SEBI law that bars trading strategies that are explicitly "quant-based". Secondly, make sure that you do not get into any back office of any bulge bracket firm as a quant....else you may end-up being an excel/word-jockey who just does "Ctrl+C , Ctrl+V" jobs day in day out.ICICI/Other Indian banks dont ive you good pays, so be careful on how much you want to compromise.....I suggest you look westward...more towards London/NY or eastward...towards HK/Sing/Tokyo.Mumbai is not the best place to be looking around for quant jobs IMO.When a person asks what are the firms in a particular country one should answer to the point.It is not an easy decision to move to another country and more so in the present market.For that one needs to pursue a degree that alone is a big investment decision.Moreover as an international student it is imperative to pursue a good degree getting that is not a easy thing.If one pursues a mediocre program in the present scenario than it is quite possible that the person either be unemployed or be working as a excel jockey in London or NY.
Last edited by
AbhiJ on August 5th, 2008, 10:00 pm, edited 1 time in total.