Education
Quantitative analysts often come from physics, engineering, or mathematics backgrounds rather than economics-related fields, and quantitative analysis is a major source of employment for people with physics and mathematics Ph.Ds. Typically, a quantitative analyst will also need extensive skills in computer programming, most commonly C++ and/or Java.
This demand for quantitative analysts has led to the resurgence in demand for actuarial qualifications as well as creation of specialized Masters and PhD courses in financial engineering, mathematical finance, computational finance, and/or financial reinsurance. In particular, Masters degrees in mathematical finance, financial engineering, Operations Research and financial analysis are becoming more popular with students and with employers. See Master of Quantitative Finance; Master of Financial Economics.
Read more about this topic: Quantitative Analyst
Famous quotes containing the word education:
“Law without education is a dead letter. With education the needed law follows without effort and, of course, with power to execute itself; indeed, it seems to execute itself.”
—Rutherford Birchard Hayes (1822–1893)
“Man is endogenous, and education is his unfolding. The aid we have from others is mechanical, compared with the discoveries of nature in us. What is thus learned is delightful in the doing, and the effect remains.”
—Ralph Waldo Emerson (1803–1882)
“The most general deficiency in our sort of culture and education is gradually dawning on me: no one learns, no one strives towards, no one teaches—enduring loneliness.”
—Friedrich Nietzsche (1844–1900)