<p>Excluding i-banking, what kind of corporate jobs are available for HBS/Sloan/Wharton/Stanford grads with prior quantitative experience in RISK ANALYSIS.</p>
<p>For example, let's say someone was previously working in operations research or quantitative finance or any other kind of job dealing with risk analysis and he/she received his degree from HBS, what excellent fields could he go into?</p>
<p>I sincerely think jumping into i-banking (as an i-banker) after having such as excellent quantitative background is a waste of the mind. </p>
<p>I understand that for accountants and engineers, becoming executives at fortune 500 companies is an excellent option but how about for risk analysts?</p>
<p>Can these people possibly become associate traders on wall-street? What other positions? Another thing that comes to my mind is being an VP for an insurance company. Maybe a senior risk analyst for a trading company?</p>
<p>I would guess that most MBA grads of this type want to manage something; ie be generalists, line officers. They may not highly covet specialized staff jobs such as risk analysis, nor do they generally tend to be highly qualified for these specialized quant jobs.</p>
<p>I would imagine the quants are more likely to come from technical backgrounds, such as Ph D Physics, plus maybe MS in Finance (not generalist MBA). At least that's how it was in the trading firm I worked for.</p>
<p>Quants can be a lot of things, but many people who crave uber-quantification are not comfortable making "gut" decisions under conditions of unertainty. Hence they don't all make good traders.</p>
<p>Once you're in, you can become anything you are perceived to be likely outstanding at doing. But the most likely things might be those risk analysis type jobs. Banks have a lot of these people too.</p>
<p>As for what is or is not "a waste of a mind", that is a matter of perspective. One might argue that the most trivial decisions are the ones that are totally resovable via quantification. The modelling may be complex, but if a problem can be solved that way it is not that hard a problem, comparatively speaking. In my opinion. The biggest issues firms face are rarely solvable simply by creating a spreadsheet. Those are the problems that the people who run companies have to solve. The risk analysts will work for those people, ultimately.</p>
<p>many M.B.A grads become consultants</p>