In existential crisis and need advice

Ok so I happened to stumble upon S&T by accident. I’m math major at a well known stemmy school and was pushed by one of my teachers to do quant trading/ BB options/vol trading a couple years ago. Ended up frantically applying last min for a sophomore trading internship at a BB and accepted the offer a week later. Now I’m a senior who has just realized I don’t like the financial industry and would’ve rather applied for a phD or masters in ML or engineering. I want to do heavy and creative quantitative work but it seems like all I’ll be doing is inputing numbers into an already built model and playing office politics. I accepted my FT offer in Global markets because the job market is bad and I needed a cushion but now I don’t know if I should’ve rerecruited or applied for grad program. But the question is, can I work for a year and then switch to something more quantitative, whether it’s a different career or a grad program? I’m worried that my resume/ coursework has been too trading/compfi oriented to the point where I couldn’t exit into something else. Or maybe there’s an area of trading/structuring that I would like after thugging out the first 1-2 years of grunt work?

 
Most Helpful

Okay but hear me out - it sounds like you're scared of office politics and finance and that's outside of your comfort zone. You can always do the academia scam later if you want, but what you should do right now is get some good experience on your resume, up your social skills, and level up. I know so many gigabrain PhDs who make peanuts at like Oak Ridge or studying particles and shit because they think that's their highest calling and science is beautiful or whatever. Fuck that, do some trading and stack some Benjamins. 

 

No offense, but u and this other poster talking about not taking their Vol trading offer to do more school just makes it sound like there's a lot of hiring of learned idiots on those desks. 

 

No don’t get me wrong, I accepted my offer and am not planning to reneg. I’m giving this a fair shot for at least a year, and am not necessarily set on leaving to do a masters as I’d also be interested in a career change depending on what it is. If u told me a career in vol is going to be quantitatively challenging and interesting after a year or two of grunt work I would stick to it, but that’s what I’m trying to figure out. If it’s not, I’d rather not stick through the grunt work just to end up doing more work that I don’t find fulfilling.

 

look at the hf commenter on my post. Has some valid points. Ultimately, I am reneging so I can do what’s best for me in terms of optionality and learning more skills. I want to re recruit for quant trading and hfs directly. People see only one path and don’t want to see other people win. Do what you think is ultimately best.

And to the poster above, you quite literally know nothing about me or my hard work or ethic. Wish you the best in your career because unlike you I’m not salty and negative towards other ppl.

 

If I was in your shoes i’d do the same or pursue a PhD in math right off the bat but tbh if I end up doing grad school I’d most likely switch careers and do work in robotics, applied physics or graphics generation.

 

Nostrum laborum sunt et blanditiis in illum. Tenetur ab omnis sit blanditiis aut consequatur. Quaerat maxime excepturi necessitatibus et et.

Fuga veritatis facere ullam quidem dolor maxime. Laudantium hic dolor quam beatae perferendis. Esse quidem sed laudantium veritatis quia atque repellat. Dignissimos et blanditiis aliquid eos. Voluptatum error perspiciatis omnis officia. Minima voluptatibus dolore ut sit magnam autem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
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...”