What uses most math

<p>Hi, I've always been good at and enjoy math, and am looking into careers which use a lot of it. Engineering and actuarial are careers that everybody always suggests, but I hate science(rules out Engineering) and being an actuary sounds very monotonous and boring. I would also like to deal with clients.
Ibanking interests me, and I am wondering what are the FO jobs within an IB that us the most math.</p>

<p>quantitative analyst uses a lot of math( normally PhD Level), not sure if its considered front office though.</p>

<p>Quants, definitely.</p>

<p>quants don't deal with clients and i'm not even sure if there is a formal recruiting process for such positions. i would say some kind of derivatives structuring role would be a a good compromise between quantitative and qualitative skills as an entry job. also, there are some quantitative roles in fixed income/equity research and asset management (not really FO though).</p>

<p>ok thanks evrybdy, what kind of math would be involved in asset management?</p>

<p>^Typically not very much. I'd like to hear some quant AM roles myself.</p>

<p>AM and IB aren't incredibly math intensive. Ironically, the joke often goes that if you can add, subtract and use Excel, you've exceeded the math required for IB (maybe its not that easy, but you definitely don't need a PhD). That said, S&T is probably one of your best bets - depending on the area of S&T you are targeting. I'd do some research into the field if I were you and look for the proper balance of math and client relations.</p>

<p>PM me if you have any other questions.</p>

<p>IBanker</p>

<p>Look into Fixed Income/Foreign Exchange Derivatives (or even Equity Derivatives) on the S&T side.</p>

<p>Does one have to be a Phd/graduate student to get a job as a quant or could one get right out of college?</p>

<p>To be a Quant at a bank, generally you need a PHD, although occasionally Masters will be hired. Trading and structuring can be quantitative and only require a Bachelor's.</p>