Areas of Work
- Trading strategy development
- Portfolio optimization
- Derivatives pricing and hedging: involves a lot of highly efficient (usually object-oriented) software development, advanced numerical techniques, and stochastic calculus
- Risk management: involves a lot of time series analysis, calibration, and backtesting
- Credit analysis
Read more about this topic: Quantitative Analyst
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“The discovery of the North Pole is one of those realities which could not be avoided. It is the wages which human perseverance pays itself when it thinks that something is taking too long. The world needed a discoverer of the North Pole, and in all areas of social activity, merit was less important here than opportunity.”
—Karl Kraus (18741936)
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