Quants without phds?

[MichaelL]

Possibly becoming more common with financial engineering masters becoming a bit more popular, but I'm not really sure how quantitative those guys go. I've read at nuclearphynance that in a few years the masters in FE will be fairly obsolete because everyone will have them and to differentiate yourself you'll still need a PhD. (although, most of those people have PhDs so they might not be unbiased)