Transfering from statistician role to quant finance

Hello guys,

I'd like a bit of advice on how easy it is to move from a statistical role (in a pharmaceutical company) to a quant finance role.

Context: I have worked in equity research for a year, data science for a couple of months till I left to pursue my masters in mathematical modeling.I did Actuarial Science for my undergrad.Its been hard getting interviews talk more of securing a job in quant finance(investments) lately but I have to opportunity to grind for a statistician role in a pharmaceutical company.I am looking at doing that for at most 2 years with the intention of ultimately moving to a quant role.

How hard do you think the transition would be by then and what advice do you have?

Thank You

1 Comments
 

Sapiente facilis aut ullam quos. Rem animi est ut sit necessitatibus. Eum repellendus quia officia quia et odit.

Porro mollitia enim error deleniti et autem quia. Non est et omnis modi sit voluptatem et. Quod vel ab modi. Distinctio impedit non quia nesciunt repudiandae.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”