Re: Quants without phds?
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Lots of quants have PhDs, lots don't. Getting a quant job without good programming skills; that's near impossible.
There is more than one type of quant in the industry, but i think my comment applies to all.
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thanks for the responses everyone. I guess I should be more specific WRT my situation. I'm an undergrad double majoring in math/cs, trying to decide if I want to pursue some higher education once I graduate, or go straight to work.
Reason this question came up is that I had a discussion with a phd student at my school's business program, and he told me many places will not even interview you if you for a quant position if you don't have a phd, which sounded extreme to me...
A lot of guys have mentioned MBA's/MFE's in this thread... does that actually benefit you for such a position moreso than a bachelor's degree, assuming you have good math/programming skills?
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