Advice for maths student interested in quantitative finance

Hi all,

This is my first time posting so hopefully this question is acceptable. So, a bit about me: I'm currently a Masters student in pure maths at (I guess you would call a target university in my country Australia). I finished my undergrad at the same university in mathematical physics with first class honours. I don't have any previous internships in finance but I do have a previous internship working in computational physics (specifically the application of Monte Carlo methods). I have an interest in quantitative finance and I was wondering if anyone in the Asia-Pacific region (or elsewhere) has any advice as to how I could break into quantitative finance, trading, or something similar. Is it too late at this point since I haven't obtained any internships in finance?

The thing about Australia is there doesn't seem to be too many quant roles, and so I've been applying for internships at commercial banks mostly in risk. I tried a couple trading firms but had no luck since they were very competitive. I think my best bet would be applying for entry level jobs overseas early next year a few months before I graduate (but I'm not sure if Skype interviews are common and I don't really have the money to travel to do interviews). I'm also considering starting a PhD in either mathematical physics or quantitative finance (not sure what would be more helpful in getting a quant role) and I'll be spending the upcoming summer learning as much about quantitative finance as I can and preparing for interviews. So anyway, does anyone have any advice regarding steps I can take from here?

1 Comments

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”