The decision to work in the industry vs academia is a hard one to make. Years into a career in the quant finance industry and I still wonder if I should go back to academia. My passion for education, training, and research is still strong and often the industry seems to be against these three ideas. Making money and focusing on the business takes precedence over education and learning even when the long-term profits would be lower. Making money in this very moment seems to consume businesses and especially banks.
So is the grass really greener on the academic side? In this episode I discuss the pros and cons of academia in contrast to the industry.
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