Breaking into quant funds with a military background

iammachine's picture
Rank: Chimp | banana points 5

I've spent ten years as an officer in the air force, and while I've enjoyed my job I'm really looking to do something else. I've always been interested in quant funds specifically, and I do think I have a good enough understanding of math and technology to succeed working there. However, I do have a few questions.

  1. Should I get an MBA? Currently I have a b.s and m.s in math from a top school, so I'm not sure if I should add an MBA before applying?
  2. If I were to be applied, would I start at the bottom rung of the hierarchy? Might be wishful thinking, but I hope I might get something of a promotion because of my previous experiences.
  3. Any other advice?

Thanks in advance.

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Comments (2)

Mar 7, 2019
iammachine:

1. Should I get an MBA? Currently I have a b.s and m.s in math from a top school, so I'm not sure if I should add an MBA before applying?

No. Zero value.

iammachine:

2. If I were to be applied, would I start at the bottom rung of the hierarchy? Might be wishful thinking, but I hope I might get something of a promotion because of my previous experiences.

Well, do you think your experience has any relevance to quant trading? If not, you know the answer. This said, the structure is very flat and you can get paid very well as a guy in the bottom rung (e.g. an analyst for a PM team might take home seven figures in a good year)

iammachine:

3. Any other advice?

Figure out why you'd like doing it. It's not as easy as the newspapers make it to be and with your skillset you might have an easier time doing data science or something like that for Google. Then figure out what exactly you want to do - trading/PMing? work in an infrastructure group?

    • 1
Mar 8, 2019