Let us assume that I don’t get an offer if I even get to a top 25 PhD program after graduation to work in quant roles. I am doing Mathematics Phd with no job prospects other than teaching or maybe a professor which I don’t like. What if wilth my good background I did actuarial?
I know it is a long road but can you get into finance after a while doing quant work or analyzing mortgage backed securities or such? Of course an actuary cannot build options or derivative or analysis huge data but what do they do if they get into financial institutions besides boring risk management