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Total Posts: 2
Joined: Sep 2015
Posted: 2016-06-03 04:09
After a few years in actuarial science I completed a well ranked MFE with the hopes of moving to quant finance. I ended up taking a job in valuation control at a large sell side institution right after graduation since the position came off as a kind of model validation role at the time and seemed like a good starting point. After working for a few months though its painfully apparent that the job pretty much involves doing back office spreadsheet work and is very far removed from any modeling/risk/quant work. Also somewhat unsurprisingly, the response I've been getting from recruiters has been significantly more underwhelming than it was when I was fresh out of school.

I'm going back to school part time this fall for a MS Comp Sci with a focus on machine learning and am hopeful that I can parlay that into something more interesting but I'm frankly concerned that the longer I stay where I am the deeper I'm going to be digging myself.

I've considering just quitting in a few months to focus on the CS degree and maybe pick up an internship on the side while I study. Seems a bit drastic but I'm suspicious that I might be kind of fucked at this point anyway so I'm not sure the downside is too bad relative to where I'm at now.

So, if anyone has any advice on how I can best position myself to move into some kind of data science/trading/research type role it would be very much appreciated. Ideas for potential projects to work on in my spare time, etc... Really anything would be helpful.


Total Posts: 455
Joined: Apr 2005
Posted: 2016-06-03 09:54
Agreed that Model Val is not where you want to be - has historically had some interesting parts - but very much can be a dead end.

Continue with the Comp Sci - it won't be wasted time - and use that university's careers service extensively for when you finish the courese - network your hell into anything

Where are you based?


Total Posts: 301
Joined: Jan 2015
Posted: 2016-06-03 12:49
Finish the Comp Sci MS. That's an extremely portable degree, much more so that an MFE. It'll get your foot in the door at a lot of different places. Including fields outside finance, if you want options.

Good questions outrank easy answers. -Paul Samuelson


Total Posts: 2
Joined: Sep 2015
Posted: 2016-06-03 16:29
Thanks for the reply - I'm currently in nyc but wouldn't really be opposed to moving.
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