wilmott.com

Another boring career decision topic. I would appreciate your feedback.Both offers are in the same city.Morgan: Advantages: Seems to be a true quant position, better brand name. More opportunities for networking, which is beneficial on the long run. Better bonus potential.Disadvantages: Putting up with the crap of traders.Barra: Advantages: Higher base salary (10-15% more), seems to be more laid back, no traders screaming at me. Work seems to be interesting.Disadvantages: Working on risk/index models where I can get stuck for the rest of my career. Smaller bonus potential.

If Buy side is of interest to you, Barra might be a better option

Morgan unless you like being a software developer and not accountable to the people with the money and being close to the money.

QuoteOriginally posted by: ChaoticAnother boring career decision topic. I would appreciate your feedback.Both offers are in the same city.Morgan: Advantages: Seems to be a true quant position, better brand name. More opportunities for networking, which is beneficial on the long run. Better bonus potential.Disadvantages: Putting up with the crap of traders.Barra: Advantages: Higher base salary (10-15% more), seems to be more laid back, no traders screaming at me. Work seems to be interesting.Disadvantages: Working on risk/index models where I can get stuck for the rest of my career. Smaller bonus potential.What is the base for MS nowadays?

Which city? If it is Barra in Berkeley vs. Morgan in San Fran, I think I would choose Barra. But if it is in NYC then I would choose Morgan. Although am surprised that Barra gave a higher base than Morgan. This might have to do with the bonus structure as Barra most likely does not have a high bonus pay out ratio these days. But if you want higher (income/risk of losing your job) ratio in your job then Barra would be better. Send pm if you want to know more.