Quantitative Finance Jobs

 

 

A quantitative analyst is a finance expert who makes the use of various numerical and analytical techniques. In the investment segment, those who carry out quantitative analysis are often called quants. Students who possess strong mathematical skills and knowledge of economics should consider quantitative finance jobs. The demand of qualified quants is always more than their availability.[br]

How to find Quantitative Finance Jobs

Here are some tips to securing a job in quantitative finance:

• Quantitative finance students may specialize in applied or theoretical analysis. Even an entry level quantitative finance job requires you to acquire an advanced degree. Various applied analysis specializations that one can choose from are portfolio management, investment and money management, financial risk management and financial analysis.
• Join a college or university that helps students in being selected as an intern. Going for internship will equip you with practical knowledge, paving the way for your career. Finance internship programs are available in investment companies, large banks and consultation firms.
• Start hunting for jobs by forwarding your resume to as many financial organizations as possible.
• The best way to hunt for quantitative finance jobs via the Internet. A number of websites, such aswww.quantfinancejobs.com, www.careerfinance.com and www.efinancialcareers.com, are widely visited for careers in finance.[br]
  
• Job hunters should attend finance events that are held by prestigious organizations to enlighten students on major updates in financial studies and careers. One such organization is the International Association of Financial Engineers (IAFE) that hosts events in London, San Francisco, Boston, and Toronto.
• Develop your network by meeting other finance students. You can also join the Financial Management Association which hosts professional development events for professionals and students of finance and economics.
• It is very important to showcase your quantitative skills while you are communicating to the interviewer. So, it is important to lay emphasis on your communication and interpersonal skills.

 

Quantitative Finance Jobs: Life of Quants

The work life of quantitative finance professionals is tough, although this career is lucrative. Quants work long hours and the work may be tedious. Quants carry out risk analysis associated with investments. They prepare risk management models to help investors and brokers take sound investment decisions. The starting annual salary of an average quant is around $100,000.