any quants in here

Just curious, are there any quants in this forum.
[56 byte] By [kilyasa] at [2007-11-26 15:51:41]
# 1
What quants?
qUesT_foR_knOwLeDgea at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 2
> What quants?In that case you need not worry ;-)Quants are quantitative analysts, who build models for trading applications. Or you might even call them financial engineers in modern day terminology
kilyasa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 3
Not I. I'd love to hear your question for education's sake.%
duffymoa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 4

> Not I. I'd love to hear your question for

> education's sake.

>

> %

well the question is "if you have considerable experience in financial industry" on trading apps(a few years with a software development experience of 10 or so years). You have some understanding of the models, e.g. Monte Carlo, and you want to pursue a career to be a quant, what would be the best way?

Do a masters degree in Financial Engineering.

Get some certifications, if yes which ones?

Simply start applying for a position?

Or just go to bed and dream you are a quant.....

kilyasa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 5

> well the question is "if you have considerable

> experience in financial industry" on trading apps(a

> few years with a software development experience of

> 10 or so years). You have some understanding of the

> models, e.g. Monte Carlo, and you want to pursue a

> career to be a quant, what would be the best way?

>

> Do a masters degree in Financial Engineering.

>

> Get some certifications, if yes which ones?

>

> Simply start applying for a position?

Seems to work for a lot of Java wannabes that come here.

> Or just go to bed and dream you are a quant.....

I seem to have settled on that last one...

%

duffymoa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 6

> > well the question is "if you have considerable

> > experience in financial industry" on trading

> apps(a

> > few years with a software development experience

> of

> > 10 or so years). You have some understanding of

> the

> > models, e.g. Monte Carlo, and you want to pursue a

> > career to be a quant, what would be the best way?

> >

> > Do a masters degree in Financial Engineering.

> >

> > Get some certifications, if yes which ones?

> >

> > Simply start applying for a position?

>

> Seems to work for a lot of Java wannabes that come

> here.

>

> > Or just go to bed and dream you are a quant.....

>

> I seem to have settled on that last one...

>

> %

I mean all the quants I have come across, not that I have come across many, have a PhD degree in maths or something. So is it kind of a [re requisite now or not?

kilyasa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 7
and a masters in Financial Engg is pretty expensive may cost you around 80 or 90K
kilyasa at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...
# 8
I thought you meant any BMW family members #;oP
abillconsla at 2007-7-8 22:11:45 > top of Java-index,Java Essentials,Java Programming...