Do you like math and Microsoft Excel? If so, then a job in finance may be for you.\u00a0 Of course, that\u2019s a gross oversimplification, but you should be comfortable working with numbers if you want to be successful in the field of finance.\u00a0<\/p>\r\n\r\n\r\n\r\n
Coming into the industry with a PhD, you are likely most attractive as a candidate in one of two areas of employment: an industry-specific equity research associate, or a quantitative analyst (otherwise known as a \u201cquant\u201d). \u00a0Equity research associates usually cover a specific industry, (such as biotechnology, energy, software, communication, etc.), so the most attractive candidates for these positions tend to be those who have their PhD in a discipline related to the industry to be covered.\u00a0 \r\n\r\n<\/p>\r\n
Quants, on the other hand, are more sought after for their raw mathematical and computer programming power.\u00a0 The quant analysts couldn\u2019t care less about specific industries or companies, they are instead busy building mathematical models and computer programs that will price stocks & bonds and execute trades.\u00a0 As the name would imply, quants usually have their PhD in a mathematically related field (such as statistics, physics, engineering, etc.) and have extensive experience in computer programming.<\/p>\r\n
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