| tetris, perhaps you have misunderstood me or I have not explained myself properly. To do astrophysics Phd in order to do finance is asinine. The astro PhDs who are in finance probably never intended to work in finance, tried astro out of passion, couldn't find jobs or were later attracted to finance.
What I meant was that the best modelers and quants were PhD level people, not that only astro and math PhDs were recruited. I would be urging my son to get a PhD in financial engineering if he is seriously interested in the field. |