/sci/ - Science & Math

>Valuing money more than job satisfaction

Anybody who does that does not belong on /sci/

Because all those jobs are in private companies.

Being a quant means selling your abilities to a soulless husk, who will making far more money than you do from your own work.

I work in a hedge fund.

Those salaries are bullshit and vastly inflated (as well as the ones you'll find on the Wilmott jobs board). Quants (at IBs) earn fuck all (well, not really - but they earn fuck all in banker terms) as a starting salary - and the same applies to all back-office finance jobs.

IBs are a dead end in the finance world anyway; the real money (and everyone in finance is in it for the money no matter what we might say - you think we'd work 90+ hour weeks because we enjoy the mundane maths behind it?) is in buyout shops and hedge funds.

Because I prefer something intellectually stimulating over money.

>>4648854
>>4648834
>>4648843
>>4648869

I am so proud of you guys. I almost feel a little teary eyed.

Jobs in finance are repetitive, painful and boring as hell (maybe quants are not so boring, but still, you'll be over 40 when you'll reach the interesting part). Also, prepare to work >80h a week. Those, who get 300k usually works 100h a week. That's the same as 120k working normal 40h week. Not so much, actually. There are far, far better ways to spend life.

I seriously doubt the validity of those jobs you posted OP... just saying, they seem sketchy.

Besides, I love what I do and am happy with the money I make even as a lowly PhD. student. I love my work, do contract stuff related to my field on the side for extra money, live with my gf, have a cool dog, lots of hobbies, etc. I feel rich right now.

Expensive toys, trying to make strangers/neighbors jelly, or living in a big city doesn't appeal to me. Besides, talking about your "potential future income" is ridiculous.

>>4648843
What's wrong with jobs in private companies?

>>4648919
This: >>4648854

Those jobs sound terribly boring...

I thought the point of education was to hone your abstract thought, make you a better person, etc.? Not get boners over your fantasy projected income.

I know it is because most of them are undergrads or highschoolers, but too much of /sci/ revolves around this "I'm going to make $300k because I just finished my first year in math" or university rankings. If you worry about this a lot, you aren't an intellectual.

Because I prefer to do something I actually enjoy and still get paid well.
Why are you publicly jerking off like this?

> ... ultra high-frequency proprietary trading ...

There's nothing I don't hate about that.

>>4648822
Few, if anyone, on this board could land a job like that. First off, they typically require social prowess and second off, in order to even get an interview you would have had to gone to a top school.

Contrary to popular belief, not everyone in finance hates their job. Most investment bankers do, the same goes for back-office guys. However, lots of traders really enjoy what they do. I work at a proprietary trading firm, and almost everyone of the traders here genuinely enjoy the work. Some to the point that they hate weekends and other days when the markets are closed. Of course, I get a boner when the bonus rolls in, but I'd probably stay in this line of work even if I earned 1/5 of what I make now.

I used to want to and I learnt advanced probability/stochastic calculus/financial engineering because of it.

Now I see it's dull, doesn't benefit society and isn't as likely to make you a millionaire as it first seems.

These days I just want to do something fun. I don't really spend much money anyway.

>>4649928
>doesn't benefit society
I'll never understand why this is such a big deal to people. Find something you like doing, become great at it and make a shitload of money doing it(as long as its legal). Fuck everything else.

>>4649980

If one of your top two life goals isn't to advance mankind's knowledge and/or technology than please go to another board and stop polluting ours.

>>4650023
I concur

>>4650023
>implying real scientists care about mankind

Science is about learning something for the sake of knowing it. Mankind can suck my cock.

>>4650023

Than should be then. Just clearing that up before I get a dick in the ass for it.

>>4649980
What would I do with that money? I just need shelter, food and some electronics and books to be happy.

>>4650029

That's cool too. What's shit tier is "I want to be a scientist. Please help me decide which major is easiest that will get me the most money and where I will have the most spare time."

>>4650040
Help your family out. Fund some interesting projects. Give to the poor. Donate to whatever causes you find worthwhile.

>>4650040
Stash it as a big fuck you to our modern system.

>5th year of studies
>you need a good GPA to be a PhD candidate?
>oh welp.

>Dual majoring in Computer Information Systems and Business Administration associates degree at my local community college
>Any Apple Bee's I want
>15k starting

Get on my level.

Because OP, someday you will find there are more important things in life than making money, like being satisfied with your work, having a personal life, or making a difference in the world. I'm not saying that it wouldn't be a fulfilling job for you, but it wouldn't be for me, and I'm sure most of /sci/ wouldn't be happy either if they were stuck using their skills for some massive banking company.

>>4650063
No it's not cool. That guy sounds like a 17 year old trying to be edgy. Scientists have a moral responsibility not to go around developing technologies to cause harm, at the very least.

>>4650092

Yeah this is okay I guess. But I'd still rather do a job that directly effects some positive change in the world if I had the choice. Even if it's just making a small advance in some technology or putting a smile on people's faces.

>>4650163
>Scientists have a moral responsibility
>/sci/ - Religion

Quants are the cleverest people on the planet, they use their intelligence to win life.

>>4650171
Scientists are only able to work on unprofitable research because society allow it. Don't bite the hand that feeds you, respect the environment that allows you to exist.

Though I'm sure you're not a scientist anyway. I can't imagine someone who says things like "fuck mankind" would be very good at working with others.

What's wrong with wanting to earn as much money as possible? Have people gone completely retarded lately? Isn't it fuckin' IMPLICIT in the definition of liking that one strives for a job one likes, one way or the other?! You're fuck all without a stable income in today's world so financial consciousness is anything else but inappropriate. If one's expenses are too big one will have to make compromises with regards to the quality of the job. I really can't stand hearing those "money is not everything" platitudes anymore.

>>4650163
>Scientists have a moral responsibility not to go around developing technologies to cause harm, at the very least.
>Everyone who worked on the Manhattan project is not a good scientist

>>4650226
The people who worked on the Manhattan project expressed conflicted feelings on the matter. No one's proud of making a nuclear bomb.

>>4650204
I'm more of a scientist than you are, kiddo. And nobody I works with gives a fuck about doing something useful for humanity, we only care about making up good excuses for getting enough grant money while we keep working on what we are interested in.

>>4650224
Today's world? What are you implying?

There's more welfare in today's world than there ever was. People are more free to pursue things they enjoy in the western world today than at any other point in space time. Almost every job provides a more than liveable income.

Please don't sound like a whiny baby boomer. Now is the best time there ever was.

>>4648913

Troll. Happy PhD students don't exist.

More realistic: you want to kill yourself after every TA session. You're essentially paid minimum wage to do bitch work for professors just so you can finally graduate and become unemployed. You're not respected by society when they realize that you're not a "real doctor".

>>4650247
Kiddo?

I don't think I'd like to work in your department if everyone there has the same selfish, brattish attitude as you.

>>4650268
>you want to kill yourself after every TA session
>not enjoying berating undergrads during TA sessions

What's the point of life if not that?

>>4650268

there's actually a lot of truth to this