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    Hi all,

    I understand that this section is not for hedge funds and trading firms, but I could not find a finance section. Please do direct me to one if it exists!

    My question is whether an undergraduate Mathematics and Economics degree, followed by a Master's degree (and maybe a PhD) in Statistical Economics / Mathematical Economics / Financial Mathematics, etc., be an appropriate education for a role in a quantitative hedge fund or trading firm?

    Thank you!
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    (Original post by londoncricket)
    Hi all,

    I understand that this section is not for hedge funds and trading firms, but I could not find a finance section. Please do direct me to one if it exists!

    My question is whether an undergraduate Mathematics and Economics degree, followed by a Master's degree (and maybe a PhD) in Statistical Economics / Mathematical Economics / Financial Mathematics, etc., be an appropriate education for a role in a quantitative hedge fund or trading firm?

    Thank you!
    Yes but I wouldn't make your aim of doing a PhD one of getting into quant finance. You really need to enjoy the subject matter in its own right enough to go through a PhD programme and do well in one.

    If your aim is to get into quant HFs/trading, I'd look into getting in straight from undergrad or doing a masters.

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    (Original post by Princepieman)
    Yes but I wouldn't make your aim of doing a PhD one of getting into quant finance. You really need to enjoy the subject matter in its own right enough to go through a PhD programme and do well in one.

    If your aim is to get into quant HFs/trading, I'd look into getting in straight from undergrad or doing a masters.

    Posted from TSR Mobile
    Do you have to do a maths/engineering/comp sci degree to get into quant, or would an economics degree (with large mathematical content) be all right?
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    (Original post by oopswronganswer)
    Do you have to do a maths/engineering/comp sci degree to get into quant, or would an economics degree (with large mathematical content) be all right?
    Former is more common but latter could be possible with a masters degree or phd in something more quantitative. You're better off contacting prospective firms about this yourself as it'll vary.

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    (Original post by Princepieman)
    Yes but I wouldn't make your aim of doing a PhD one of getting into quant finance. You really need to enjoy the subject matter in its own right enough to go through a PhD programme and do well in one.

    If your aim is to get into quant HFs/trading, I'd look into getting in straight from undergrad or doing a masters.

    Posted from TSR Mobile
    Thank you for your reply!

    I completely understand your point on enjoying subject matter and I really do, I was just wondering whether this could get me into a quant hedge fund.

    I didn't know that quants could get into a quant hedge fund from undergraduate level or even Master's? I thought that a PhD was the standard route into the industry and that very few Master's graduates obtain jobs like this.

    Thank you!
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    (Original post by londoncricket)
    Thank you for your reply!

    I completely understand your point on enjoying subject matter and I really do, I was just wondering whether this could get me into a quant hedge fund.

    I didn't know that quants could get into a quant hedge fund from undergraduate level or even Master's? I thought that a PhD was the standard route into the industry and that very few Master's graduates obtain jobs like this.

    Thank you!
    Certain quant hedge funds and prop trading firms take on undergrads (Citadel, DE Shaw, Jane Street, Two Sigma etc come to mind) for more trading/strategy specific roles rather than quant research. But, exceptional Masters degree students do get a shot at the latter occasionally.

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    (Original post by londoncricket)
    Thank you for your reply!

    I completely understand your point on enjoying subject matter and I really do, I was just wondering whether this could get me into a quant hedge fund.

    I didn't know that quants could get into a quant hedge fund from undergraduate level or even Master's? I thought that a PhD was the standard route into the industry and that very few Master's graduates obtain jobs like this.

    Thank you!
    I spent a summer working for a quant hedge fund, they had internships for undergrads who had a first and were going on to do a Phd, otherwise they recruited at PhD level or above only. There are roles available for undergrads at a lot of firms but you have to be truly exceptional
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    (Original post by Princepieman)
    Certain quant hedge funds and prop trading firms take on undergrads (Citadel, DE Shaw, Jane Street, Two Sigma etc come to mind) for more trading/strategy specific roles rather than quant research. But, exceptional Masters degree students do get a shot at the latter occasionally.

    Posted from TSR Mobile
    Right, I see. Thank you for your help!


    (Original post by natninja)
    I spent a summer working for a quant hedge fund, they had internships for undergrads who had a first and were going on to do a Phd, otherwise they recruited at PhD level or above only. There are roles available for undergrads at a lot of firms but you have to be truly exceptional
    PhD level or above? What is above a PhD?

    Thank you for the rest of your post. It was very helpful!
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    (Original post by londoncricket)
    Right, I see. Thank you for your help!




    PhD level or above? What is above a PhD?

    Thank you for the rest of your post. It was very helpful!
    Post doctoral students, professors etc. people paid to do academic research...
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    (Original post by natninja)
    Post doctoral students, professors etc. people paid to do academic research...
    Oh right I see. Thanks for your quick response!

    Can you PM me the name of the quant fund you worked at please?
 
 
 
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