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:
“It’s fairly obvious that American education is a cultural flop. Americans are not a well-educated people culturally, and their vocational education often has to be learned all over again after they leave school and college. On the other hand, they have open quick minds and if their education has little sharp positive value, it has not the stultifying effects of a more rigid training.”
—Raymond Chandler (1888–1959)
“If we help an educated man’s daughter to go to Cambridge are we not forcing her to think not about education but about war?—not how she can learn, but how she can fight in order that she might win the same advantages as her brothers?”
—Virginia Woolf (1882–1941)
“If factory-labor is not a means of education to the operative of to-day, it is because the employer does not do his duty. It is because he treats his work-people like machines, and forgets that they are struggling, hoping, despairing human beings.”
—Harriet H. Robinson (1825–1911)