Leaving FAANG dev job for serious finance (Yes, you read that right)

我想对潮流和leav游泳ing tech for finance. Any thoughts are welcome. This post is kinda long, feel free to skip sections and just read the TLDRs.

Since graduating, I've worked for a couple years as a software engineer, and after a startup exit I'm currently at a company at the lower prestige end of the FAANG++ group (thinkAmazon/Microsoft/etc, rather than F/G). I'm seriously thinking about transitioning to a career in finance - is this even possible? What are my options? Or am I forevermore stuck debugging 1000s of lines of arcane code?

My Background:I've been interested in econ/finance since forever - I was the kid spending my pocket money buying the Financial Times. When picking up pizza, I'd mentally start estimating revenue/profit based on customers, staff, etc. I recently found an old notebook and my 2 stock picks of 2008 were F and GOOG (what a weird kid). But I was decent at math as well, and thinking it'd be much easier to go math-y to finance than the reverse, chose to do that at university.

I have a math / theoretical physics degree from a top target (usually ranked #1 or #2 globally for both my subject and overall), but - and here's the kicker - with a bad GPA. Turns out, when you're competing at that level, shit is tough, and from day 1 I worked my ass off to keep up, including straight through summers (massive mistake, didn't do any internships) This wasn't enough, and being in the middle of the bottom half of the cohort, with harsh curving, I finished with a 2.95/4 GPA. Eek!

After a month vacation, I picked up a software job at a small tech company. I couldn't actually code, but needed a job, so stuck some Python stickers on the outside of my laptop and wore a black hoodie to the interview, and basically social engineered my way in. I was bored with coding after just a few months, started looking for another job after ~9months, but then BigTech swooped in and bought us. So, in a last throw of the career-satisfaction-dice, I changed team, technical area, and city. But it's still boring af.

背景TLDR:是一个核心金融书呆子,在u点数的东西吗niversity (with a bad GPA), got a coding job and ended up in BigTech

Why?So why am I even considering this? Surely anybody sane would cling for dear life to their BigTech coding job? There's a pile of reasons both pushing me out of tech, as well as pulling to finance. Let's start with why tech sucks for me, and why I'm seriously questioning it as a career:

  1. Coding just isn't fun for me. Leetcode-style questions (ie technical interviews) are ok, but I dislike 99% of the actual job. Debugging and testing are extremely tedious and menial, I don't like learning endless new languages, frameworks, etc, and I don't even like design-work (but I don't completely detest this). The only parts I actually like are softer work like mentoring people, running meetings, and thinking about how to improve team communication & efficiency.
  2. 这whole industry is basically a bunch of male chinese and indian nerds. Eg on my current team of ~30, other than 1 russian, everybody else is a highly introverted male chinese/indian, with English so poor that communication is seriously impeded
  3. 相关的是,我的软技能正在腐烂,我想避免成为一名经验丰富的脖子。这需要大量积极的努力来减缓衰减并与技术外的人们交谈。我认为这里可能会有一个闭合机会的窗口
  4. 职业growth is mediocre. Experience from 10 years ago is effectively worthless, and I don't want to spend my 50s learning Python version 23.987 and practicing leetcode to change jobs. I'd almost certainly cap out at "senior" (ie Google's L5) at best, given I don't like much of the work
  5. Remote work - yeah, this is down in the right category. WFH is working pretty well, and my company is recruiting strongly in cheap locations outside the West. I don't want to spend my 50s competing with people in rural India who can code just as well as me
  6. 技术is booming - yeah, this is also down in the right category. Pay is high, software is eating the world etc. But given how easy it is to get into the industry, the labor market is adjusting relatively quickly. Industry growth rates must normalize at some point, and when that happens, pay/hours/etc will also normalize. If this is my experience now, what will it be like when things aren't booming?
  7. 技术is USA, and more specifically SF, centric. I want to spend time in UK/Canada/Australia. Tech has far less pay/prestige there, while finance takes less of a haircut. Also SF is bad (but I'd be happy inNYCfor a while)

So why finance, rather than becoming a basket-weaver?

  1. I might actually like it. I read bloomberg,FT,,,,etc all the time. I'm currently half way through a distressed debt book (by Moyer), and it's actually interesting. I care far more about Fed announcements than Python releases (or anything from the National Basket Weaving Association.) And coworkers wouldn't think I'm the devil when I say things like "what's our revenue?" or "monetary policy"
  2. I think technical competence would be relatively easy - for an objective data point, a few days ago I was considering doingCFAL1, did a practice test to see what the content was like, and got 90%
  3. Pays better than basket weaving. And wouldn't betoomuch of a downgrade from tech. I don't really need the money, but it's a bonus
  4. Finance hours are probably worse to start with, but a week of 50h debugging + 10h leetcode + 10h learning framework v234.987.0 isn't so great either
  5. But have never done even an internship, so I have no idea what it's like on the ground

Why TLDR:技术sucks because coding, nerds, and future career doesn't look good. Also SF bay area is trash. Finance doesn't suck because it's interesting, future career isn't terrible, and I could do it without melting my brain. But I don't actuallyknowthat, because no internships

我有什么选择?

So this is where things become unclear. The usual option for somebody in my position (math-y undergrad, does software work) is hit the stats books and get a quant or quant dev job at堡垒/Jane Street/etc. I think I could probably, with some practice, get and pass interviews. But I know folk who work there, and their math ability is on another planet to mine - I'd fully expect to be out looking for another job before long. I could probably survive at a tier 2/3 shop though.

I'm probably too old at 24 for anIBanalyst job, and in any case my GPA is still a problem if I try to go in via the front door.ERorseems more promising, particularly ifI targetTMTgroups. How feasible would that be? Ideally I'd like to end up in something with a bit more bite though - things likeRX,,,,trading low liquidity产品或结构化似乎更有趣,但现在对我来说可能更富裕,或者是不可能的。PEis, I think, not ever going to be in reach. The nuclear option, of course, is getting anMBA。I'd rather avoid that if possible, but would consider it if it's the only option, probably with a move first to product/project/program management (for sanity preservation).

How should I be approaching this? What am I overlooking? How should I improve my chances of a successul transition?CFA,,,,MFin, research reports, trading my own account, networking like crazy?

还是我只是不知道自己有多好,应该把它吸收并继续编码?

Comments (67

  • InterninIB-M&A
2022年1月13日 - 6:49 AM
  1. 这whole industry is basically a bunch of male chinese and indian nerds. Eg on my current team of ~30, other than 1 russian, everybody else is a highly introverted male chinese/indian, with English so poor that communication is seriously impeded

这是多么的修饰,在技术/SF中真的很喜欢吗?我会怀疑nycis like the opposite.

2022年1月13日- 12:50pm

Well, I'm not chinese/indian (so that's 2), the team is a bit smaller than 30, and one chinese guy mostly grew up in the US...so like 90% chinese/indian. This is for a team in SF & Seattle. To be fair, this is probably on the more extreme end for the industry but I don't think it's particularly uncommon

  • Research AnalystinHF - Other
202年1月14日,2- 1:06pm

Wait wait... when you said Chinese/Indian, you were referring to actual immigrants? Bc I originally imagined a bunch of American-born asians, who generally aren't nearly as introverted (not having language barrier helps). What would you say is the average age of these immigrant workers?

202年1月14日,2- 1:56pm

I work in tech. Can confirm. Especially on the engineering side.

2022年1月13日- 11:27am

i think everyone that glorifies tech jobs should read this post. Sure, CS101 is fun/ez/interesting in undergrad, but the actual job is nothing like it. lot of mundane work like OP stated, JIRA updatingBS,Scrum会议和冲刺。所有愚蠢的IMO。

will comeback with a proper answer. but OP I'd say to hit the pavement with your networking. Demonstrate that you can talk about the sector/industry, and come off as someone they'd want to work with.

you arent too old to break in. I was about your age when i broke in, and many of my colleagues are older than me.

Go all the way

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2022年1月13日 - 下午1:36

这FlyingKiwi

Sure, CS101 is fun/ez/interesting in undergrad, but the actual job is nothing like it. lot of mundane work like OP stated, JIRA updatingBS,Scrum会议和冲刺。所有愚蠢的IMO。

This 100%. CS101 is a bunch of fun & interesting toy problems to play with, like the sudokus you might find in the back of a newspaper. The actual job is endless menial config changes, tedious debugging, and pointless daily meetings with rainman. I am seriously, seriously regretting not doing a software internship before needing to get a job - within a couple months I was having second thoughts.

This is part of my uncertainty and worry about changing - without actually doing some of the work for a bit, there's IMO non-negligible downside risk of liking Finance101, but hating the actual job. In an ideal world, I'd put my tech job on hold and go rotate through a few areas I'm interested in to see what it's like, but that's not really feasible. Is networking & writing up some research (forER)最现实的方式了解the job? For each role/area, how to best figure out what the bread & butter tedious parts are, and whether I could be vaguely happy doing that for a living? It's good to hear there's still hope at my advanced age - isERparticularly amenable to this, or are other areas equally possible?

2022年1月13日- 1:54pm

yea i get your point about Finance101. I think talking to friends or people who are willing to candidly discuss what their actual day to day is like would is about as much as you can do to find out if it's something you'd be interested in.

您写研究的观点ER是现场。我采取了类似的方法来吸引访谈,并用作周围的网络。向我射击DM,很乐意在想法上聊天和反弹。我一直在财务的不同部分围绕重新网络建立

Go all the way

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2022年1月13日- 2:36pm

Why not be a Dev who actively manages his portfolio? Not everything is so one dimensional...

Hate coding? Be a product owner

Like Entrepreneurship? Develop a product in your spare time. Devs have it easier than bankers in that regard...

2022年1月13日- 3:04pm

当我还是孩子的时候,我就花口袋里的钱买的Financial Times. When picking up pizza, I'd mentally start estimating revenue/profit based on customers, staff, etc. I recently found an old notebook and my 2 stock picks of 2008 were F and GOOG (what a weird kid).

Honestly, being interested in business/finance at a young age isn't really a weird thing (people on this site make it seem like it is) . How come people who obsess over sports cards and players aren't seen as weird? The only weird thing is if you obsessed over it and didn't have other hobbies.

2022年1月13日- 4:00pm

"I don't really need the money, but it's a bonus."

If this really is your situation start with asking your current employer if you can go part-time. My roommate in SF worked at Google. He was super burnt out so he asked if he could work in the Switzerland office for a year. They approved, he moved to Switzerland, he staved off the "burnout-ness" for another year. Once that year abroad was up, he asked if he could work part-time. They approved, he used the extra time to study and network. After a year of part-time, studying, and networking he put in a month's notice to Google. Now he's at a quant fund. I know you specifically mentioned this in unlikely for you but is probably best suited for your skills and just my opinion but I think you will enjoy it the most. Definitely don't goER

202年1月14日,2- 7:59pm

这是一个有趣的想法。从本质上讲,我已经在瑞士阶段,兼职是我从未考虑过的事情。对于我来说,再改变半年左右,这在财务上是愚蠢的,但是兼职肯定是可能的。为什么绝对不呢?

2022年1月13日- 7:20pm

MSFroute is probably the best route for someone like you. Your UG GPA is horrible and you have no finance experience so you really need a reset. Going to a top school and STEM helps but it helps within a margin of error of maybe 0.3-0.4. 2.95 is too far from most other applicants who will be 3.8+. Get into a goodMSF程序(您的STEM背景可能是一个加号),压碎您的课程,一两个实习,这将使您成为一个很好的地方,可以随心所欲。

Array

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最有帮助
202年1月14日,2- 1:03am

A lot of people can give way better answers to switch to finance than I can, but here's a few options if you do want to stay in the tech world:

1。MLE. If you want to, you can find the right type of firm who will take you and give you actually meaningful problems to solve with ML. Yes, most of it isBSwork but if you do due diligence you can find a diamond place to be.

2。SRE/ DevOps/ Platform/ Infra/ Cloud Engineering. Goes by a ton of names and there's some nuances between them, but infra work pays very well and isn't coding. I would also lump in certain security roles in this category (ethical hacking). Less math though compared to MLE.

3。Product side of the house. Engineer -> Product is an effective, tried and true strategy that a lot of people enjoy. Don't get to flex your math as much, but you could have a more general oversight of teams.

Also sounds like you're a bit jaded and burnt out. Take a break, lots of people in tech do. Sounds like you're on a bad team too. I've had bad luck and good luck with teams myself- some total weirdos but most people are generally average and or cool. Work with some Canadians they're typically pretty laid back and sharp. At least all the ones I've met.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
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202年1月14日,2- 3:38pm

我的第一点只有我的两分钱:MLE被宠物项目/炒作所荣耀,与CS101相同。MLE的日常工作正在清洁和标准化数据,然后将其交给研究人员或将其拟合到预先训练的BERT情绪分析-ESK模型中。ML的凉爽部分需要从顶尖大学的博士学位学到的认真数学技能。对于OP来说,听起来这与进入银行业务一样大。

I agree with everything else though.

202年1月14日,2- 3:51pm

Solid point. I think it's also important to remember any job is always just a job. A lot of it will be boring, mundane, and trivial. The hope is that the exciting parts outweigh the rest of it and you're generally happy day to day (I don't think you need to "tap dance to work" but you shouldn't feel Sunday blues)

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
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202年1月14日,2- 8:11pm

我做,或非常密切,大中型企业和cloud engineer, so feel like I have a reasonable idea about both. Agree the cool parts of ML need a top PHD, and that's essentially off the cards for me, there's not enough hours in the day for me to keep up with my friends who're doing ML in academia

202年1月14日,2- 1:20am

Also just to address the tech centric points for visibility (at least my $0.02) for anyone who might read this:

1。Yes, those parts suck. I hate unit testing and diving deep into some obscure bug you see in your logs when the browser crashes. Recreating it, putting in break points.. hell running the damn thing locally sucks. But there's a lot of specialties- if you're visual then focus on Frontend or Mobile where you can see you work and sometimes influence the design. Like challenging problems with making systems scale? Do infra work. Like making business logic make money? API development (aka product engineering). Like any of the above but wanna throw in market data? Go to a growth team. Lots of options.

2。depends on where you work. I've dealt with that, I've also not. Depends on the company and even specific team within a company. It's a bit like saying finance is all soulless hardo sociopaths. Maybe in some teams, but I doubt that's the majority.

3。I think this depends on the company and team as well. I interact with product, marketing, sales, customer success, and engineering every day (not all in the same day, but at least 2 of the groups any given day). I enjoy it a lot, I think I'm getting better at scoping projects, setting expectations, and coming up with ideas to get quick wins while we design better solutions to be released later. I've also been at companies where I sit alone all day, so YMMV.

4。That's like any career. Most people stagnate in middle management in most industries, tech just doesn't perpetually stagnate in management (it can) but more commonly as an individual contribute (IC) aka senior engineer. Versioning doesn't really change stuff that dramatically either. It's not that different than keeping up with other industries, the changes happen an inch at a time. However- if you hate Python programming it's painful to learn more. That's normal, try to find something else that interests you (it very may well be finance and not tech related at all.. you've got one life so do what's best for you)

5。Good dev with good attitude and good communication > genius dev with shit attitude and or shit communication (YMMV between companies though)

6。I don't subscribe to the doomsday belief that SWEs will be paid like manual labors or random white collar jobs. Leverage and impact are too high for good devs. There WILL be stratification though, which were already seeing. Top devs get fat with all the cake, okay devs are in limbo, bad devs get left behind with minimal pay. Not different from law (pay at BigLaw is multiples of random public defender) or finance (PE vs local shop accounting). So for some, yeah doomsday. For those who put in the work, not so much.

7. Yeah spot on there. Europe seems to be catching up to the US though. Although absolute dollars are lower, they basically afford the same lifestyle as US (not looking at outliers like the 7 figure Netflix folks). But if you're happy being low level rich or upper middle class (in line with most doctors- not top neurosurgeons) then it's pretty similar. Also Canada is underrated. I have a few Canadian coworkers and they're living quite well.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
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202年1月14日,2- 12:48pm

Not different from law (pay at BigLaw is multiples of random public defender) or finance (PE vs local shop accounting).

This is sort of true but somewhat misleading. The type of person entering PD would never enter big law. The person entering big law could do other more lucrative things. The person entering local shop accounting never had a chance atPE,,,,the person inPEwould never do local shop accounting. For FAANG Dev employees they should be compared to similarly situated people in other industries.

202年1月14日,2- 12:58pm

Software Engineering is pretty wide net. Right now it's not that difficult to get into FANG (comparatively to a Skadden/ Goldman/Blackstone)。我看到这种变化。如果Fang Tier Companies有更多的“目标学校名单”,我不会感到惊讶,还有更多的模式为“ 2年 - > MSCS/MBA-> Senior Engineer" pattern in the future.

这re's lots of devs making $80k a year at random shops and only know a specific framework and not fundamentals. Then there's people who specialize a ton, have a good knowledge base of a wide net but dive deep in a specific topic clearing $500k (in some rare instances clearing 700 too). It's not monochromatic like "everyone makes 150 and caps at 300"

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
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  • Analyst 2inHF - Macro
202年1月14日,2- 2:54am

IB/PEprobably wouldn't be for you given your background, dislike of menial tasks, and passion for markets IMO. I don't think you'd be a tough sell for a quant-oriented role at aHFthough. You can start as a full-on dev or quant and start moving more towards a hybrid role as you get experience and learn how to manage risk.

Keep learning, following markets, making real (or paper) trades, and networking so that when you get in front of somebody you have the chance to impress them. IMO theHF世界(至少从基本的经理Tiger), hardly cares about arbitrary GPA cutoffs and I would definitely be interested enough to interview someone with your type of background if we were looking.

Edit: Wanted to make sure that I didn't downplay the quantum leap of risk you'll be taking though. There are no easy days in public markets and your job/the existence of your fund is constantly at risk. It can be extremely intellectually (as well as financially) rewarding, but also harrowing during bad times and there's a chance you'll get booted out after 6-12 months.

Another option that might be appealing, if you're not overly opposed to it, would be to go into something crypto-related. There's a huge exodus of talent from TradFi and Big Tech moving into crypto and success in that field requires a combination of financial savvy as well as developer experience for optimal chances of success.

202年1月14日,2- 11:43am

don't disagree that markets/HF seems like a logical path for OP given his background but his GPA absolutely sucks to have any shot of being considered. Shops like JS/d。E. Shaw don't take a ton of undergrads and the few they do have like 3.9+ STEM at Princeton/Harvard. Even "Tier2/3" shops aren't going to really entertain someone with anything much lower, because there are tons of Master's/PHDs trying to get these seats.

编辑:Citadel的信息已过时,请参见下面的评论

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  • Analyst 2inHF - Macro
202年1月14日,2- 1:25pm

Not as familiar with JS/dE Shaw,但是我接受了一次面试FO角色with Citadel as an undergrad with a 3.4 in a non-technical major at a top 10 (but not HYPS) school.

Generally speaking, I'd rather interview the kid with a 2.9 in math/theoretical physics from MIT than someone with a 3.9 in anything else. At least I wouldn't filter them out automatically. If you're capable of graduating with close to a 3.0 in math/physics from a Caltech/MIT tier school you're probably in the top 0.01% of intelligence in the entire world and have massive balls to boot.

At the very least its worth an interview. After that it's all about how you think about markets, and I couldn't care less about school and GPA.

202年1月14日,2- 8:33pm

A couple years ago I applied and got interviews from JS and from a similar (but slightly less prestigious) shop, but got cut in the 4th & final round, respectively. So I think I could probably get offers from similar but less competitive places if I got some interview prep books, etc. But when I look at the people I know who are still there, they're an order of magnitude better at math than me, so I don't know its worth the effort just to be there for a few months

202年1月14日,2- 9:48pm

IB/PE无论如何,可能是最遥不可及的。与市场有关的角色似乎具有更大的职业风险,但对我来说确实更有趣。早在2020年,当WTI负面影响时,我试图看看我是否可以在库欣周围出租游泳池并进行身体分娩(没有发生),但这可能是我月的亮点,无论如何...好时光:好时光:d

From what I've read though, it seems like moving dev --> research/trader is very tough, and people often get stuck there - any sense of how frequent that is? I'm risk-averse, but I think far less so than most people. For a given average, year-to-year earnings volatility is essentially irrelevant to me (other than increased average tax and probably lower earnings when expected future returns are higher), and I don't care too much about losing or changing jobs in and of itself. I'd be more concerned about long-term career risk where either I turn out to be bad (or just unlucky) and become unhireable, I don't like it, or the whole industry gets squeezed to zero. Any thoughts on those risks, or how to mitigate them?

加密is very interesting, but AFAICT the most interesting roles where both finance and dev experience are truly useful are founder or early employee positions, and I'm not sure I want to go through another tech startup just yet

202年1月14日,2- 4:23am

Why don't you considerventure capital? Imagine it you've built product and stuff, you'd be of some value there? Another long way to get there could be starting something of your own and then going theVCway? This involves taking some financial risk though

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202年1月14日,2- 10:17pm

Honestly, I'm just not that interested inVC,似乎有很多四处奔波,喷洒和祈祷。技术PEor GE, where there's something already there to analyse, might be better, but as far as I understand would be essentially impossible for me to get to. I know a lot of people would kill to get intoVC,,,,and it doesn't seem like a bad gig, but I'd rather do something else right now. They usually don't hire devs in any case, but rather successful founders or sometimes product managers

202年1月14日,2- 5:37am

I'm in a top FAANG, have a background in pure stats and did two banking internships prior. Currently working as a technical analyst. Have you considered looking at some of the middle-technical roles? Product Analyst, or even some of the more technical reporting roles in Finance/Strategy can be quite a good blend where it's moretechnical thanIBDbut you still sit with people that are social.

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202年1月14日,2- 10:36pm

From a very quick google, technical/product analyst looks like a cross between a product manager and data scientist? Close to the PLM side of the product line management / product owner split I've heard some teams have? Wasn't even on my radar, thanks

Jan 18, 2022 - 5:23am

BI and large parts of Strategy/Analyst/Finance are in general a pretty good gig I find. Stay away from the CorpDev or Controllership/Commercial stuff.

Good people; pay isn't Data Science or pure Eng, but I really could not stand working with those teams day-in-day-out even for a 60% bump.

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202年1月14日,2- 3:54pm

Hmm... reading this post, a lot comes to mind:

1。You sound like a younger version of my dad. He was burnt out with engineering so switched into teaching. Turns out he didn't enjoy babysitting high schoolers all day and the lower pay was more frustrating than he expected. He's back in engineering and has been enjoying it ever since he found a maintenance gig for a defense company where he pretty much doesn't have any responsibilities.

2。If I were you, I'd take some time off then try to make some small changes and see how much they help out your situation. As others are saying, if you're tired of coding you could jump on the product or management side of things.

3。Whatever pain you were feeling that pushed you towards writing this post yesterday will only show itself once in awhile. You can choose to ignore it or make real progress towards a better life with gradual improvements during the moments when you can't feel the suffering very much. Don't be too brash - especially during the times this hurts the most. That'll only make things worse.

4。I'm currently at a mid-tier prop shop (think Akuna, DRW, IMC, ...) and can confirm that many of the things you're frustrated about in SWE still exist in PT. The silver lining is that, imo, the work is much more interesting. If you're really going to switch into finance, you'll probably want to go all the way to some sort of banking.

Idk... feel free to PM me if you have any specific questions. I feel like I understand your situation pretty well because of what my dad went through and the fact that I've done internships at mid-tier FAANG and am nowftin PT. I'm still pretty young though and enjoy my job so maybe not.

Jan 15, 2022 - 3:54am

Thanks for this. Some assorted thoughts:

  1. I've been incredibly fortunate to go in a few years from a state of "FML, I need a job and cash now to put a proper roof over my head" to today being able to do essentially any job and still retire with more than I would ever spend. I'm no tech billionaire, and I'm not even rich, but I no longer have any interest in the stuff which as a kid I dreamt I'd buy once I "made it". I could quite easily spend more, but shockingly little of the spending has actually made me any happier. So at this point, the obvious answer is to, like, quit my job, do cocaine and bang models. Or more realistically get a more fulfilling job like teaching, which would pay less, but that wouldn't matter, because I could still consume exactly the same amount. High school teacher wouldn't be for me (agree with your dad, seems like it's advanced babysitting), but I've toyed with the idea of firefighter, sports coach, and starting a llama farm. But I think I would be frustrated doing any of those, largely because of lower pay. At one level, this seems completely, utterly insane. Maybe it is. Why did your dad find the low pay frustrating? Was it a case of wanting to buy things, but knowing he couldn't do so responsibly? Or something else? When I look at the older people I know who are very wealthy, all of them retired before 65, but also well after they had more money than they could ever spend. From what I can tell, reasonably high-earning people tend not to retire when their NW is 25/30/33 (take your pick) times their annual spending, but rather when their work is in some sense complete. For some, that's after 30 years, for some that's never. I think I'd regret just checking out at this early stage of my life, even if it was to go be the best, most accomplished llama farmer I could be. Even if I never use any of the extra money I earn, I want to play the game, but I now have the financial space to start maneuvering to something I find interesting, rather than just the first group of people who'll give me some cash.
  2. Went and did a euro tour a few months ago, xmas markets in Berlin are wonderful! Also took several more weeks off for the holidays. I don't currently feel particularly burdened or burned out by the hours themselves. Product is definitely on my radar
  3. Good advice. I'm trying to look as much as possible before I leap. These are still early days.
  4. Are you a PT SWE or on the research/trading side? If SWE, what makes your current work more interesting than your FAANG work? If research/trading, I'd be interested to hear exactly which of my SWE issues you're experiencing

Thanks, will PM if I have any more personal questions! I have faith that despite being so young, you may understand somebody who's attained the old age of 24 :P

  • Associate 2inIB-M&A
202年1月14日,2- 4:19pm

了解该网站上的许多人真的不喜欢MBA,,,,but there are specific programs - Value Investing Program at Columbia comes to mind - that place really well in the public equities side of things. I went to CBS, VIP accepts something like a dozen or 2 people (out of 700) every year (it's only the 2nd year I believe). It's super rigorous but you get 1 on 1 interaction with topHFsand PMs, as well as targeted VIP job listings. UsuallyMBAis not great forHFplacement but certain programs do act as accelerators (I'm sure there are others among top schools).

You might ask - why doesn't everyone go for it? - many do, but VIP requires intense amount of rigor and classwork during your 2ndMBA年。成绩实际上很重要,因为您需要保持高平均水平(CBS具有不披露级别的级别,因此大多数学生只是专注于获得您所谓的B),而课程工作非常困难。结果,当大多数同学在大洲之间花费时间和生活时,您的第二年就非常努力。

无论如何,有了您的凭据,我的2美分是您可以将BSCHOOL用作对冲基金世界中的完整重置和加速器。

EDIT: Re-reading your post, the finance areas you list are, frankly, all over the map. Rx, structuring and Asset management are 3 different worlds. It's not a bad thing to not know what you want to do, but to make this leap you need to be super targeted in your approach and have a very good sense of where you want to land. Would look to leverage your top alma mater to do some coffee chats with those in the industry to learn more

202年1月14日,2- 4:32pm

A lot of your observations regarding life at a FAANG and software engineering in general are correct. For me, software engineering itself is enjoyable, but software engineering as part of a team at a company much less so, primarily for the reasons you mentioned.

That said, I'm not sure the grass is that much greener on the finance side. Finance has its own drudgeries, and the future is not particularly rosy for many of the fields in which you expressed interest. The people in finance are much more sociable and will feel much less foreign though, I will give you that.

Have you considered Product Management? It would allow you to move beyond the code and focus more on the business and financial impact of the products you're building while still leveraging your technical expertise.

  • 3
  • PMinHF - Other
202年1月14日,2- 10:50pm

No offense man but you are the typical highly paid tech guy who has golden handcuffs…"everything needs a paycut, the work is dull, its just a job, im smart but not too smart, my classmates were math gurus, everyone is math gurus with accents, im too old to back to school …"

Lets be real here everyone knows the option you have and the path you have to take. You have quant skills and enjoy finance. You already said you interviewed at the shops. You need to just take the risk and stop worrying. Goto citadel/js/mmfunds and do your 1-3 years, stop with this crap my friends were math gurus how do I keep up the same damn way you kept up in SWE there is math gurus in your firm and past firms too. You do not need to be a math god to excel at those places just sometimes math gods do better than others some like your current career burn out and never evolve. Just do it man. Yes a place like Citadel fires people in 6 months and most dont last 2 years but guess what they dont exit to being garbage men either they come out with a strong resume and tons of options available to them. Its very similar toBBbanking for analysts.

  • PMinHF - Other
202年1月14日,2- 10:59pm

For those wondering how someone with a low GPA could get interviews at such shops. You have to remember funds looks at STEM resumes much different than any other background. There is a finite level of STEM talent out there. Plus OP has work experience. So many people will just look at his major and work experience in FANG/startup as almost same as someone who went to a topMBA使用高GPA来抵消他低的GPA。

2022年1月15日 - 6:49 AM

从SF技术到顶部BBhere with a terrible undergrad GPA.

Worked in tech for about 2.5 years in both SF and remote as a software engineer in a startup but never really enjoyed it. It was way too passive for me and people around me were just so uninspiring it became depressing and far from the silicon valley ideal that I had.

所以我退出,回到欧洲,开始了桅杆er's in a french target school despite my shitty GPA in undergrad (like 60% and failed a bunch of classes). I did a couple of internships to get a foot in finance, the first one in the finance department of a F500 company (told them I would code stuff for them in return for putting something finance in my resume) and the second one in a EuropeanMMbank inIB

Now I'm about to graduate from that master's and will join the financing group of a topBB((GS/MS) next month in London. It was a long journey but I have finally found my path.

Jan 16, 2022 - 1:02am

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Feb 22, 2022 - 10:20pm

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