Deciding btw Sales & Quant..
I recently got an associate level offer from a major BB in sales&trading, with a focus on institutional fixed income(structured product) sales. i also was offered a quant position from another major BB in IR/FX desk. Although having a sales personality, I have a strong quant background, and am more personally interested in trading. So the questions I have includes: 1. Which is a better career path, long term wise, sales or quant? Is sales closer to business than quant research? 2. If trading is my ultimate goal, which route is more viable to this goal, and any suggestions? Thanks, puzzled.
What is your previous work experience?
Do you have a more quanty background or a more sales background?
Ask the guys on the trading desk how they got there. Were there lateral hires from quant/sales side?
Either position could potentially allow you to move to a trading position in the future but you need to figure out which desk allows more flexibility of a possibility for moving over....
depends what sort of trading you want to do
I have a PhD background in an Engineering discipline. So I definitely have a much stronger quant background. I'm interested in a trading position in an IR/FX desk. How do people usually go about asking questions on potential moves?
do the quant job, it'll be an easier transition
Quant job.
I rarely see sales people joining the trading team, either because the $$ is about the same (you enjoy dining in expensive restaurants on top of that) or the transition is difficult. of course i might be wrong..
"(you enjoy dining in expensive restaurants on top of that)"
traders get this too
of course traders do but what i meant was during client meetings, which is paid by the company..
but of course traders bonus is massive
Yes, choose the quant job.
traders actually are the client for brokers and get taken out by them all the time
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