isn't it underpaid ??are times getting tough in the UK ?http://www.jobserve.com/Quantitative-An ... antitative Analyst for Leading Commodities Trading House PermanentA leading commodities trading house is looking for a Top PhD Graduate to join their successful and rapidly growing Quantitative Analytics team. You should have a PhD from a top University As part of the Quant team you will be partaking on numerous projects within the commodities market.Your role will include but will not be limited to:- Statistical Analysis of Trading and Market Data- Developing new pricing processes - Development and Support of production methods - Development and support of swing, storage and tolling contracts- Model review and Certifications The right candidate should be a recent PhD graduate in a quantitative discipline (Maths, Physics, Engineering, Quantitative Finance etc.). Any exposure, either academic or through internships, to the commodities market would be a plus. Only applications from relevant applicants will be considered so please make sure you meet the above requirements.Location EnglandCountry EnglandRate £20k - £50k per annumEmployment Agency Arrows GroupContact William Eastment [Show Details]Email Contact This Employment AgencyReference JS-WE-FINC-PHDQ-26411Posted Date 26/04/2011 17:03:51

Not really as this is an entry level job. However, you should look at what the longer term bonus potential in this role. At that stage of the career, what you learn and who you get to know is more important than a couple of extra k in year 1.

QuoteOriginally posted by: plusNot really as this is an entry level job. However, you should look at what the longer term bonus potential in this role. At that stage of the career, what you learn and who you get to know is more important than a couple of extra k in year 1.the lower end seems low to me.nonetheless, your comment is wise.

Why bother asking, obviously the low end is really low. Is it still low when compared to other industries? Maybe not so they might be able to fish up a talented person to work for a year before they realize what they can make elsewhere.

QuoteOriginally posted by: HansiWhy bother asking, obviously the low end is really low. Is it still low when compared to other industries? Maybe not so they might be able to fish up a talented person to work for a year before they realize what they can make elsewhere.i can rephrase.i'm not from the UK, from £20k/annum is really low.what's there a trick ? are there not countable compensations (other that the chance to start a carrer along with brillant people in this "leading commodities trading house" as suggested by plus) ? and are so low salaries for jr quant common in the UK ?

QuoteOriginally posted by: edouardwhat's there a trick ? are there not countable compensations (like the chance to start a carrer along with brillant people in this "leading commodities trading house" as suggested by plus) ? and are so low salaries for jr quant common in the UK ?No. Not really, they will be similar elsewhere. Not for one asking for a Phd, maybe as an annualized salary for an internship?

thanks plus and hansi

(i) Possibly this is not in London(ii) Banks usually pay more(iii) C'mon 20k must be a typo