Quant vs SWE?

New
LCCe61

New

LCCe61
Oct 14, 2018 7 Comments

Has anyone here been both a research quant in finance firm and a swe at FAANG? Which did you prefer? I feel like overall life could be better as a swe but intellectually and comp wise quant has an edge. Any perspective? I guess moving into high level IC or managment roles at FAANG could reach similar levels of comp?

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TOP 7 Comments
  • Facebook
    Ex-finance

    Go to company page Facebook

    Ex-finance
    I worked in finance. Faang is SOOOOOOOOO much better in my experience.

    Banks are penny pinchers. shitty hardware and benefits, no perks, no free food, bonuses only come once a year so you lose a lot of your comp if you quit any time besides February... It's bad.

    If you want the intellectual stimulation of doing something with math, just try to get involved in ML work.

    TC is much higher in tech right now. Banks paid out big bonuses in 2009, but there's only so long they can string people along on the hope of repeating the 2009 numbers.
    Oct 14, 2018 3
  • Chase
    tjPE83

    Go to company page Chase

    tjPE83
    I know it’s bit annoying sometimes at my workplace to see people with similar background as mine (no phd) landing a quant role and making more money.

    But IMHO being a quant without a phd is almost like a dead end (unless you’re a rockstar). The quants without phd that i’ve seen havent been able to land a quant role at top funds / prop shops. Meanwhile many devs, who have left, have gone to citadel / two sigma / fb / g / etc, and now making more than those quants
    Dec 15, 2018 0
  • Work/life balance bro. Pick software engineer. You will still get lots of $$
    Oct 14, 2018 0
  • Citibank / Eng
    TQtT37

    Go to company page Citibank Eng

    TQtT37
    Oct 14, 2018 0