Long term career development

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Long term career development

Postby PureMathQ » Mon Jan 16, 2012 11:31 pm

What sort of long term career potential is there for someone who starts out as a research quant after their PhD? (If it helps, my PhD is in pure math, and I have a strong background in econ from undergrad.) What roles can a quant grow into, and where have quants ended up after 10 or 20 (even 30) years? Is there a typical career progression? (Into management or consulting or otherwise?)

Full disclosure: this is cross-posted on the Quantnet career forum, but I'm not sure it's going to garner much interest there.

Thank you!
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Re: Long term career development

Postby mj » Wed Jan 18, 2012 10:11 am

well it varies a lot. Some see quant as a route into trading and then post that retirement at a young age.

Others stay as quants their entire careers.

Some go back to academia -- relying on the fact that there is a paucity of academics who can really do fin maths.

Some try to move up the bank.

It really comes down to the interests, skills and personality of the individual.
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Re: Long term career development

Postby PureMathQ » Wed Jan 18, 2012 7:10 pm

Dear Prof. Joshi,

Thank you very much for your reply!

Sincerely,

PureMathQ
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