Job Market for Quants

Dear monkeys,

I am wondering how is job market nowadays for Quants in banks, hedge funds, or as a contractor for one of those, or others...

How are doing people straight out of Master QF on the market place for such positions ? What are most available jobs: developer ? quant trader ? models validation ?

In which area is it hiring ? Risk ? Derivatives ? Commodities ?

Which skills are the more desirable ?

How is it in the US / Europe / Asia ?

Would like to hear from your experience as a recent graduate Master Finance / Engineering who got into this sector.

Cheers
--

 

Thanks for the link. This is very valuable.

I don't fall into the MF graduate category with no experience, in the contrary. Hence my general question: how is job market in general, for people with MF or/and with experience ? is it hiring or the same dull as in 2010 ? which jobs can a financial engineer pursue ? is there high risk that job search is tedious ?

 

Nulla eos iusto repellat est placeat consequatur. Voluptas veritatis dolor eum sunt. Enim enim rem voluptatibus ea libero quia et impedit.

Quia odio qui facere molestiae iste voluptatem. Exercitationem est culpa hic. Reiciendis est et rem. Sunt ut quia aperiam error modi. Doloribus dicta distinctio culpa eum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”