Jobs in Quantitative/Mathematical Finance..

Gen8 · Poincare Conjecture Offline Joined: 26 May 2008 Posts: 240

Hi all, I am currently pursuing under-graduation (I'm in the final year of school). I have some queries regarding Mathematical/Quantitative Finance, they are as follows:

Query 1

Can anyone suggest some universities/schools(if they are less reputed)in the U.S that offer an M.S in Quantitative/Mathematical Finance?

Query 2

Assuming I managed to graduate in 2012,How are the job prospects for a person (particularly at Wall Street) who has acquired an M.S. in Quantitative Finance (say, from a less reputed school, not necessarily from Princeton, Berkeley etc)?

I am an international student;I have a pretty ordinary GPA, and my GRE score is 1400 (Quants-700; Verbal- 700;AWA- 4.0); I am planning of re-taking the GRE solely to bolster my Quant score (I feel it is too low for an M.S. in Quantitative Finance);My baccalaureate degree is in Computer Science, I have good grades in Math related courses at the under-graduate level.

In a nut-shell, I would like to know -- Is it feasible to pursue an M.S. in Quantitative/Mathematical Finance, are there any jobs that I may land up with (after graduation) at Wall Street or any other place?

Do provide some advice/replies/suggestions to my queries, Thanks in advance!

**Posted:** Thu Mar 19, 2009 4:08 am

Different · P versus NP Offline Joined: 03 Mar 2009 Posts: 24

the timing is really bad. There are still some jobs available, but for fresh graduates to land a job in this market is near to impossible. There are plenty of experienced people on the street now. and the prospects are quite bad maybe

do a degree in some real science instead (maths/physics).

**Posted:** Sun Mar 22, 2009 11:58 pm

Gen8 · Poincare Conjecture Offline Joined: 26 May 2008 Posts: 240

Can anyone post a more effective/elaborate reply?

**Posted:** Fri Mar 27, 2009 2:10 pm

TZF

You could start by Googling job prospects in finance.

That doesn't mean you should be discouraged altogether from finance; the markets will recover, and they will be on the lookout for fresh minds again -- eventually, anyway.

Different, how is a degree in pure mathematics or physics going to help in a bad economy? Academic jobs are very hard to land right now.

**Posted:** Tue Mar 31, 2009 11:37 am

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**Posted:** Tue Mar 31, 2009 2:45 pm

Different · P versus NP Offline Joined: 03 Mar 2009 Posts: 24

**Posted:** Fri Apr 03, 2009 12:57 am

Gen8 · Poincare Conjecture Offline Joined: 26 May 2008 Posts: 240

I would like to ask people to provide useful advice/suggestion to my query before they comment (this is probable) upon another person's post.

I need your suggestions/advice, and I take them pretty seriously, so I ask people who reply to my thread not to digress.

**Posted:** Fri Apr 03, 2009 4:46 am

Different · P versus NP Offline Joined: 03 Mar 2009 Posts: 24

Query 1: NYU, Columbia (2 programmes: math finance, and fin. engineering), Baruch College (CUNY) is probably the best option (cheapest and easier to get an admission);
UK schools: Imperial college, LSE, Oxford

Query 2: Improving you GRE score is a good idea.

... in our team of 11 quants no one has a degree in quant finance / fin. engineering, although a few people (including me) have a second degree in finance (on top of msc/phd in maths/physics).
I am not a clairvoyant, but, as I already said, the prospects of getting a job within the next couple of years are bad. ...not to mention the chance of becoming unemployed while having a degree that is pretty much useless elsewhere...

**Posted:** Fri Apr 03, 2009 9:12 am

Gen8 · Poincare Conjecture Offline Joined: 26 May 2008 Posts: 240

Okay, I had perused the site of NYU (It seems it admits really smart people!).

Since there doesn't exist many (I mean very few) jobs in the Financial market, then in what course should I opt for an M.S. in? (I should be guaranteed that I might/will land up with a fairly good/average paying job) I already hold a baccalaureate degree in Computer Science, so does pursuing an M.S. in computer science (at an average/above average school) appear feasible or should I opt for a completely new field like Finance etc?

I would like to tell that I (in a team of four) managed to get a prize in a Business plan competition which was held at the renowned Indian technological school IIT-Madras ( I managed to participate again in a global conference which was held over there), so does it have any kind of special "weightage" in my M.S. application ( along with GPA, GRE/TOEFL scores, LOR's, and SOP)?

Can anyone answer these two queries of mine?

Thanks!

**Posted:** Fri Apr 03, 2009 11:12 am

Gen8 · Poincare Conjecture Offline Joined: 26 May 2008 Posts: 240

Is anyone "alive" in this particular section of AOPS? There isn't a reply to my query.

**Posted:** Fri Apr 10, 2009 11:50 am

mathemonster

nobody really cares b/c its not math-related really

**Posted:** Wed Apr 29, 2009 12:27 pm

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