I just got into MIT Econ Phd (yes I am taking it over Harvard), and also the quant group of Goldman Sachs (GSAM QIS). I value professorship at a top place more than private sector money, but seeing this forum makes me worried about my exit opps for the Phd program. What if I don't find a good faculty position? Am I going to be employable just as if I had chosen Goldman five years ago?
Also, I wonder if the salary of a quant, or an economist in IMF/WB, will be enough to buy a nice apartment in NYC?