If you want to work in quant finance, don't do MFE/CQF. Get a degree in math, physics, CS or EE like ~90% of existing quants.https://twitter.com/paulg/status/1416002575862804482 …
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I mean, isn't the time differential simply because UK PhDs do not include the masters component? In America we basically do a masters en route.
Usual UK route to a PhD is 3y undergrad + 1y masters + 3y PhD - not sure how that compares to US but I get the impression it is faster?
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I think it’s faster because (a) you specialise much earlier in the UK, normally only studying 3-4 subjects from 16-18 eg (b) undergrad degree is focused on one subject, no minors or classes outside of your speciality.
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They have a much better system. So much of US education is wasted on required filler courses. Gotta maintain adminstrative bloat somehow
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US 4 yr undergrad. You apply to a PhD program. You get masters along the way, once you pass your quals. Might be one or two years. Then PhD proper -- US is a f**king shitshow. Figure 3 to 8 years. Theoretical is usually quicker. Experimental or Eng can take a long time.
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Lots of American PIs hold their grad students hostage for absurd amounts of time
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Wow is it really that fast? In the US I typically see 4y UG + 5-7 years PhD (includes Masters) = 9-11 years total
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Exactly. You go right from your thesis defense to the retirement home:)
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Most of the posters in this thread seem to be conflating the UK with England. Honours Degree takes 4 years in Scotland but 3 in England. Also, tuition fees are paid by Scottish government which means competition for places is much higher than in England.
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Yes, yes indeed. I am guilty as charged!
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