An interesting new book — currently available only for the Amazon Kindle e-book platform — I recently came across is “Demystifying the Job Search Process in Quantitative Finance,” by James Lin, Ph.D. The author says he spent five years learning the ropes around finding a quant job, and presents some of the valuable lessons he learned in that time. The e-book is expressly written for what the author calls a “disadvantaged candidate” in quant finance. He says if you satisfy some or all of the following conditions, you are a disadvantaged candidate:
- You are an entry-level candidate
- You require work permit to work in the U.S.
- The financial job market is in recession
- Your school is not considered top-tier in the quant finance community
- The connections between your school and the quant industry are weak
- Your communication and interview skills are not strong
- You live or study far away from any major financial centers
The job search ideas the author puts forth are very interesting and many are helpful. I do not agree with his almost gung-ho assessment of LinkedIn and other social networking websites — if you’ve been reading this blog for a while now, you know I’m rather critical, and wary, of such sites, not the least out of concerns for either identy theft or alienating potential employers — but he describes some useful ways for the “disadvanted candidate” to think outside the job search box and bat for a more likely home run, especially in these difficult times.
If you fit the criteria list given above (or even if you don’t but need some more ideas regarding finding real quant job opportunities), I think James Lin’s book is a worthy read. Currently it’s only available for the Kindle e-reader (a PC app is available so you don’t actually need to own a Kindle device to read Kindle books), but I have contacted the author about making it available on other e-reading platforms, such as the Barnes and Noble nook (of which I’m an owner) and the Sony Reader.