Hi all, Started on these forums trying to help people with whatever homework, that wasn't mine, needed to be done. But coming across these threads I realised I actually had a question myself. I'm very grateful for all the information/replies on this topic already and even more so to any and all that can help me here. I'm about to start my penultimate year of a Physics Masters in London, and am considering one of two routes: -either becoming a trader after my Masters (hopefully from an internship next summer) -or doing a PhD and becoming some kind of quant. I was hoping for any kind of for/against arguments, but more specific questions I have between these two are: -is there any math in being a trader? -(starting and future) pay prospects -transition from one to the other possible? and possibly a bit off-topic: -what's the difference in being a buy side or sell side trader? -is there the same devision for quants? I've never heard so. I do enjoy Physics, and would possibly be interested in continuing it in some shape or form after a PhD, but that is (possibly) another decision to be made in the future. Again, thank you for any responses. Questions, discussions, criticism warmly welcomed.