I have the opportunity to take a role as a Financial Engineer in LA and wanted to learn more about the role and future opportunities. Is the future salary progression greater for FE versus SWE? Is it possible to go onto becoming a quant at a trading firm? How do the hours compare? Any useful information or anecdotes are appreciated Everyone’s favorite part: 2 YOE Current SWE salary: >110k in (Chicago/Houston/Austin) Offer: 180k in LA
What’s the firm in LA you have the offer from? The transition will depend on the prestige of the firm you’d be working for, and how you network in the industry
Firm is AIG
AIG is into insurance and actuary, so I feel it’s going to be a little challenging to transition to a quant role for a trading firm, unless you plan to pursue an MBA, fin math, or CFA