The thirst for quants nowadays in industry is resulting in a higher number of students enrolling on financial mathematics courses. In turn, the knowledge and training that is expected from employers is forever increasing. Therefore, to stand a chance of triumphing in the sea of competition, potential employees have to take it upon themselves to sign up for supplementary courses and workshops to obtain that extra certificate or award. With lists trailing long and hard of such qualifications, complied with strings of capital letters that seem to have been assembled by a toddler with his toys, e.g. CQF, CFA, MFE, MFM, it is quite a task knowing which one to choose given no set guidelines. To make things even more difficult, it has been known for financial designations to fade away, potentially rendering the qualification worthless. Therefore, it is essential that the correct amount of preparatory work and research is done before the decision is made on which course should be taken.
Another factor to keep in mind is the span of mathematical knowledge that is required for a quant role, ranging widely from stochastic calculus to programming languages. Not all courses can provide such a wide range of topics, or at least not to the right degree of detail. Here at OptiRisk, we hold workshops running on popular topics such as Monte Carlo methods, Stochastic calculus, time series and derivatives. These workshops illustrate the applications of mathematical theory to the practical financial world through case studies, hands-on practice and in-depth presentations. Participation will enable you to reach a greater understanding on subject areas explored by quants. For more detailed information see http://optirisk-systems.com/newsandevents_events.asp .
“It is essential
for the aspiring super-quant to overlay theoretical knowledge with pragmatic
common sense.” Quote by Emanuel
Derman, Professor at Columbia University.
