Quote from CalTrader:
Get a grip buddy .... This is a ridiculous thread.... Assuming that a word of your writings is true .....If you had done ANY research prior to asking these questions you would know the obvious: there is NO job market anywhere for a person with a masters degree in math - even from oxford which is a good school.
The best you can hope for - without substantial focused experience - is an entry level type of position. You need substantial applied math experience to get job offers with a masters degree and that means - in this business - extensive experience building in production risk models, derivative based trading models or another applied physical science application.
I get calls and emails several times a month from people at Stanford - which in my opinion has a superior math department as compared to Oxford. I have hired a few - very few - math graduate students (masters and phd) as interns and these people were lucky to get these positions. D othe math grad program only if you truly love it - not for the job prospects which will only come if you truly distinguish yourself as a world class researcher ......
Thanks for the reply. I really do love mathematics. Stanford has a pretty strong Mathematics department (whether it is better than Oxford is yet to be demonstrated....how many Stanford faculty have won the steele prize in recent years? lol)
I am sorry to tell you but YOUR statement seems a bit ridiculous. Didn't you realize that posting my question to what I thought would be a professional forum is part of my research? The fact is that I was hired by a trading firm for an entry level position in trading without an Oxford mathematics degree! I assumed that with the Oxford degree, my prospects are better but wanted some input from "professionals" (i can't help but laugh when I use that word on here). I think the prospects are significantly better for me considering the fact that I will be obtaining a masters in both mathematics and the foundations of computer science. Nonetheless, I have been told by a professor I know that Oxford on my resume is "...as good as gold..." as far as employment is concerned. In the least, I am confident that it will serve to get me interviews (which, as i keep saying, is all I really want anyways)
I respectfully disagree with your statement that there is NO job market for math masters. I know that when I use job sites like monstertrak.com or careerbuilder.com, many many trading positions require a degree in mathematics or some other physical science (most often the requirement is stated as "...computer science, physics, or mathematics degree with a strong academic record"). The hedge fund positions, I have noticed, almost ALWAYS require an MS in mathematics from a top 10 school. I will soon meet that requirement and see no reason why I wouldn't get interviews for such positions. Of course, other opinions are welcome...
Thanks.