Best Decision to get into Quant Positions?

Hey everyone,

I am currently a sophomore studying Aerospace Engineering at Embry-Riddle Aeronautical University, my GPA is 3.7/4.0 and I recently decided to change up my education. After doing an internship at an engineering firm I realized I did not want to be an engineer. I am great at math, physics and problem solving in general, and decided that a career in finance would be better for me in the long run.

After doing some research over the past few months, I narrowed down my ideal career options to Quant Dev, Quant Research or S&T. I understand that these positions are extremely competitive and demanding and I have a question that I haven’t been able to find the answer to. I got accepted to Purdue University for a major in Applied Mathematics and will probably be adding a minor of CS or Data Analytics to it, but given the fact that most firms are going to hire from target schools, is it even worth it? My alternative options would be to retake old courses over the summer in hopes to increase my GPA and apply to better schools, or to continue with engineering and complete a masters in mathematics at a better university. I’d appreciate any advice on the topic as I am pretty lost right now.

Thank you for your time

1 Comments
 

Aut id est enim laudantium fugit. Dolorem cumque ullam iste praesentium non non. Eligendi vel ut facere perspiciatis sequi dicta. Animi qui ut culpa ipsa quas. Et sunt ut cum dicta.

Aut necessitatibus odio sunt facilis. Et eveniet deleniti deleniti cumque nihil repellat. Perspiciatis adipisci ea ut odit et itaque.

Qui consequatur itaque est blanditiis iure. Explicabo et harum voluptatum est atque iure. Aspernatur est eos consectetur voluptatum itaque dolor.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

August 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

August 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

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...”