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I want to know what the ratio of "junior developers" to "MIT PhDs" is. As an economics+machine-learning+software-engineering autodidact, I firmly believe that I
by rw 17y ago
I want to know what the ratio of "junior developers" to "MIT PhDs" is. As an economics+machine-learning+software-engineering autodidact, I firmly believe that I am qualified to provide insights in high-frequency trading; but, the impression I get is that, since it's such a cool and profitable field, the firms have their pick of the elite-of-the-elite.
- falsestprophet 17y agoThey do. And they probably won't give you a second look.
- obiefernandez 17y agoI know programmers at one of these kinds of firms, without degrees and making $200-500k per year, including bonuses. It's all about talent.
- eru 17y agoTry Jane Street.
- gaius 17y agoWhen I worked in the field (not HFT, but automated trading nonetheless), I was the only one in my cluster of desks with a lowly MSc. Even the QA girl was a maths PhD. It was funny, all the alpha-PhD male programmers were always competing over who was the second-smartest... The smartest guy was light years ahead of anyone else (and the nicest bloke you could hope to meet). I always used to say, the rest of them should pick up his laundry and wash his car so he could concentrate more (they really liked that, HAHA). I didn't do anything beyond the simplest algorithms, most of my work was on interfaces between our code and other stuff (like databases, data feeds, etc). Just grunt work really. Someone's got to do it tho'...