Junior Quants - What to do after education?

Nick White 05.09.2018

To see an opportunity we must be open to all thoughts – Catherine Pulsifer

As most graduates in all industries, the prospects of career decisions after Education can be daunting. Does your Degree define you? Do you feel your education has made your career one dimensional? Take a step back and look at the bigger picture – you are probably more sought out than you think.

Speaking with many Junior Quants it seems that the main concern is that their first role will define their future career journey. The truth is that opportunities are huge even after exploring your first role – the main areas are Development, Research and Risk. The great thing is that these 3 areas have a good cross over in terms of skill sets required.

I have broken down the three roles and key/sought out skills for each role:

Quant Developer:

  • Excellent numerical programming skills, for example C++ or Python
  • Experience working with large data sets and databases
  • Knowledge and appreciation of software development best practices

Quant Researcher:

  • Degree in a Quantitative discipline (e.g. Economics, Mathematics, Computer Science, Finance)
  • Excellent programming skills with Python, Matlab, R, VBA and SQL
  • Excellent Asset Class product knowledge – Multi Asset, Fixed Income and Equities – highly desirable.

Market Risk/Investment Risk Analyst:

  • Degree in a Quantitative discipline (e.g. Economics, Mathematics, Computer Science, Finance)
  • Demonstrable coding skills in Python, VBA or SQL and an open mind to learn new languages and technologies
  • Excellent problem solving and analytical skills

If you would like to learn more about these roles, or for a general discussion, please get in touch.

Nicholas White's picture
Consultant | Risk Management Recruitment
nwhite@morganmckinley.co.uk