Dimitri. Thank you so much for your precious guidance.The list of financial institutions which you had provided will help potential candidates to explore opportunities out of NYC and Chicago.
I really liked the information, thanks Dimitri. It would be awesome if you talk a little bit about what it takes to start in the buy side or sell side after a computational finance/ financial engineering masters degree. I have heard that it’s sometimes easier to start in the sell side and then switch to the buy side, but in the video you just said that changing tracks are not that easy
Great video!! I think I remember that you said in one of your videos that people tend to have a higher rate of getting the job if they’ve graduate from the same state where the job is available, how would you weight between the the higher ranking MFE programs in schools like NYU or Columbia and maybe TX A&M and UT Dallas if wanting to live in TX?
That's a great question and a tough one. I rate the quality and rigor of your education as the number one priority where location would be a second consideration. I'm not a big fan of the Texas schools compared to other programs available and Dallas has been bringing in a lot of talent from other states.
And as true as a lot of this video is, I still don’t know many people who are willing to leave NYC or Chicago. They’re too interested in “the experience” of living in NYC, so we have trouble filling roles in my non-NYC location.
Thank you for this very informative video! If I’m interested in working at a bank in risk management should I go for CS or Statistics bachelor degree? Thank you again.
Very much appreciate this video, this is something I have been researching recently and because of this exact thing I might choose to go into a different career. I originally planned to take a PhD and aim for quant hedge funds, but I realize they are based in big capital cities such as NYC and London primarily where family life is in my opinion, not good. Do you think there are other cities for quant hedge funds or should I just accept this reality, perhaps not even take a PhD and try to go into banking instead for a better work-life balance Sidenote: I would not entirely be taking a PhD because of the job, but it's a significant factor.
PhDs are preferred with both hedge funds and banks. A PhD would give you a leg up in all areas of quant finance. As for cities that have quant hedge funds... you would have to do research on the topic. I know other cities like Boston, Miami, Denver, Greenwich, and LA have hedge funds however I don't know which ones have a lot of quantitative based hedge funds. Many of those cities are also more expensive to live in as well though.
@@DimitriBianco Thank you very much for your help Dimitri! It's incredible you make all these videos, and on top of that help so many people in the comments for free - Much love from Denmark!
Hey Dimitri, what are your thoughts of breaking in as a financial quant at 32, with 8 years experience as a Data Science and Both Bachelors & Masters in Applied Mathematics (UT Austin)?
Yes I have been outside of the US. To answer the other comments you had, 90+% of quants in the US are internationals. This is because we have more opportunities in the quant job market and they pay better. These international went to top universities in their countries and then end up coming to the US for a graduate degree and then stay here to work. Now that being said there are far more people coming here than there are jobs available so firms can pick and choose the best talent. There isn't a big rush of people globally running to other countries for work. Other countries do have quant jobs and some people chose to stay there however most are wanting a rang of opportunities and a better shot at being a quant.
Dimitri. Thank you so much for your precious guidance.The list of financial institutions which you had provided will help potential candidates to explore opportunities out of NYC and Chicago.
I really liked the information, thanks Dimitri.
It would be awesome if you talk a little bit about what it takes to start in the buy side or sell side after a computational finance/ financial engineering masters degree. I have heard that it’s sometimes easier to start in the sell side and then switch to the buy side, but in the video you just said that changing tracks are not that easy
I'm glad you found it informative. I'll consider talking about the two halves a bit more, and some of the stigmas the industry has.
Great video!! I think I remember that you said in one of your videos that people tend to have a higher rate of getting the job if they’ve graduate from the same state where the job is available, how would you weight between the the higher ranking MFE programs in schools like NYU or Columbia and maybe TX A&M and UT Dallas if wanting to live in TX?
That's a great question and a tough one. I rate the quality and rigor of your education as the number one priority where location would be a second consideration. I'm not a big fan of the Texas schools compared to other programs available and Dallas has been bringing in a lot of talent from other states.
Thank you! Very informative!
And as true as a lot of this video is, I still don’t know many people who are willing to leave NYC or Chicago. They’re too interested in “the experience” of living in NYC, so we have trouble filling roles in my non-NYC location.
I'm trying to get out of my hub job and work remotely 100% from my sheep ranch in New Mexico.
That would be awesome!
Thank you for this very informative video! If I’m interested in working at a bank in risk management should I go for CS or Statistics bachelor degree? Thank you again.
You'll need a masters as well however I would go with a statistics degree.
Very much appreciate this video, this is something I have been researching recently and because of this exact thing I might choose to go into a different career. I originally planned to take a PhD and aim for quant hedge funds, but I realize they are based in big capital cities such as NYC and London primarily where family life is in my opinion, not good. Do you think there are other cities for quant hedge funds or should I just accept this reality, perhaps not even take a PhD and try to go into banking instead for a better work-life balance
Sidenote: I would not entirely be taking a PhD because of the job, but it's a significant factor.
PhDs are preferred with both hedge funds and banks. A PhD would give you a leg up in all areas of quant finance.
As for cities that have quant hedge funds... you would have to do research on the topic. I know other cities like Boston, Miami, Denver, Greenwich, and LA have hedge funds however I don't know which ones have a lot of quantitative based hedge funds. Many of those cities are also more expensive to live in as well though.
@@DimitriBianco Thank you very much for your help Dimitri!
It's incredible you make all these videos, and on top of that help so many people in the comments for free
- Much love from Denmark!
Hey Dimitri, what are your thoughts of breaking in as a financial quant at 32, with 8 years experience as a Data Science and Both Bachelors & Masters in Applied Mathematics (UT Austin)?
You should be in a good position. Writing a resume to show the skills you have that banks want is the key.
@@DimitriBianco Thank you!
Dimitri, have you ever been outside the USA?
Yes I have been outside of the US. To answer the other comments you had, 90+% of quants in the US are internationals. This is because we have more opportunities in the quant job market and they pay better. These international went to top universities in their countries and then end up coming to the US for a graduate degree and then stay here to work. Now that being said there are far more people coming here than there are jobs available so firms can pick and choose the best talent. There isn't a big rush of people globally running to other countries for work. Other countries do have quant jobs and some people chose to stay there however most are wanting a rang of opportunities and a better shot at being a quant.
@@DimitriBianco thanks. I was trying to tone down my comment :).as I can get too hot headed at first run sometimes