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by bearmf 4797 days ago
I get a feeling that people somehow do not want to believe that quant finance is in very bad shape right now. It is very hard to get a job, especially without experience. Salaries are not growing, might be even decreasing. Starting base salaries are around 100k. You might get a bonus, but it all depends on firm performance. Before VP level the pay is not much greater than in tech.

You will likely need a PhD to get a job at all. Maybe a top MFE, but most MFE graduates are perceived to have very shallow knowledge, which has a grain of truth to it.