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Hey Ed, thanks for the info.

I always thought it seemed kinda silly to do physics research for 6 years so you can work at a hedge fund or whatever, looks like the job market is adapting a little to more practical options and backgrounds.

I'm curious...what's your entry level quant type position and what was your undergrad major?

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It's no problem. Though obviously my comments don't come from personal experience, it seems that, historically, banks started looking for quant-type people around the same time a lot of funding for physics research dried up, and the newly out-of-work physicists were comfortable with the necessary math of dynamic systems and not afraid to do their own research, so the banks started hiring a bunch of them.

I'll be starting after I graduate this June, but I believe my position will mostly involve researching trading strategies based on and factors for econometric models at a quantitatively managed hedge fund.

I'm currently majoring in Operations Research and Financial Engineering, with minors in Finance and Engineering Management Systems. My senior thesis research is on applications of Approximate Dynamic Programming to Equity Portfolio Management.