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Model Validation Quant Jobs in Low COL Areas

Joined
4/1/17
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I'm a Ph.D. and Model Validation Quant at a major investment bank. My experience on the job market led me to understand that model validation jobs in NYC seem to pay similar to model validation jobs in Cleveland or Charlotte.

Given the obvious cost of living gains to be had in the Mid-Atlantic vs. NYC, what are the disadvantages to living and working in Cleveland, for example, as a Model Validation Quant?

I would love to go into commodities, as my PhD is in natural resource economics, but I don't want to do it if I have to make a huge cost of living sacrifice without a substantial pay raise. Any tips?
 
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