Where I got my PhD, you could drop out after one year, simply having completed the courses of that year, and you’d get the MA.
This is true for my program too, although one year wasn’t enough time for me to figure out other things I wanted to do.
you can use this approach as a stepping stone to finance jobs.
I hear this regularly, but I still don’t understand how it works. Does this come from networking that happens at top schools, or are there finance companies actively recruiting PhDs? What qualifies as a “top program”? A department well respected in the field or a university famous for other reasons? Is a famous adviser at a poorly-known school better or worse than the reverse?
I am not familiar with the details myself, but I understand that the top schools would include MIT, Harvard, and maybe 4 or 5 more. Physics is apparently the top program for this, though math and others might qualify.
Also, I read that the demand for physicists etc. has gone down, now that Wall Street has realized what math is actually needed to be a quant. The math is pretty simple, and can be learned specifically for the purpose rather than in a PhD program.
This is true for my program too, although one year wasn’t enough time for me to figure out other things I wanted to do.
I hear this regularly, but I still don’t understand how it works. Does this come from networking that happens at top schools, or are there finance companies actively recruiting PhDs? What qualifies as a “top program”? A department well respected in the field or a university famous for other reasons? Is a famous adviser at a poorly-known school better or worse than the reverse?
I am not familiar with the details myself, but I understand that the top schools would include MIT, Harvard, and maybe 4 or 5 more. Physics is apparently the top program for this, though math and others might qualify.
Also, I read that the demand for physicists etc. has gone down, now that Wall Street has realized what math is actually needed to be a quant. The math is pretty simple, and can be learned specifically for the purpose rather than in a PhD program.