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Article: Wall Street wages war for best and brightest. (securities-brokerage firms recruiting academicians and programmers due to a shortage of qualified personnel)(Industry Overview)
- Article from:
- Crain's New York Business
- Article date:
- February 3, 1997
- Author:
CopyrightCOPYRIGHT 1997 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Programmers, consultants, grads, even physicists lured by monetary security
A Columbia University astrophysicist who studies black holes for a living, Kaiyou Chen is not the kind of person who normally gets calls from Wall Street headhunters.
But with too few programmers and computer modelling experts to go around, securities firms are scouring other industries for talent. Who better to fill the void than a black hole expert?
"At first, I was very surprised," says the 36-year-old Mr. Chen, who so far has interviewed with five Wall Street firms. "But it's something I'm considering because it's very difficult to support a family in New York City on an ...