Best way to Quant: ML Engineer in Tech or Regular Software Dev in Finance?
If I eventually wanted to do Quant at Two Sigma, HRT, etc., which route is the best: 1. ML Engineer in Google / Facebook / etc., or 2. Regular Devs at those firms, and then do internal transfer?
Option #1 pros: - those finance firms are hot for ML specialists, and greatly value engineers from G/FB. - Will have a lot of free time to learn about ML at work and outside of work (due to good work life balance -- maybe not at FB) - If the switch to Quant never happens, ML is the hottest specialization for the future. will still be good either way - no non compete to move to a finance firm
cons: - might not be able to be placed as Quants right away. - Cash comp or even total comp while at G/FB is lower compared to #2 (not including stock appreciation -- unless the bulls are on the run again like the past 5 years.. probably unlikely).
Option #2 pros: - maybe internal switch is easier. but need to be good at politics - Total comp is higher than #1 while waiting for the transfer (if it ever happens).
cons: - maybe internal switch is actually more difficult lol, especially if many devs are already trying to do the same. - Some firms actually value external hires more than internal hires. - If the hours are bad, might not have time to catch up with ML outside of work - non compete is punishing -- other finance firms are less likely to hire you (unless you're a superstar and they're willing to wait like 1 year). if the switch doesn't happen then worst case will need to move back to tech again..
I'm leaning towards #1, but would like to hear some opinions as well.
Ducimus itaque dolorum qui officiis facilis nulla facilis. Qui itaque qui animi. Incidunt ut occaecati et totam sunt. Impedit et distinctio ipsum soluta esse.
Quo et qui quae omnis. Id ipsa libero est magnam aut. Quis iure culpa cupiditate in dolorum.
Eveniet omnis alias delectus impedit hic soluta voluptatem. Dignissimos est sunt eum odit delectus natus. Officiis expedita ut nisi accusantium et. Expedita minus nobis fugit eaque blanditiis. Porro itaque sunt exercitationem excepturi blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...