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
Famous quotes containing the words areas of, areas and/or work:
“Adults understandably assume that the level of verbal proficiency a five-year-old displays represents his level of proficiency in all areas of functioningif he talks like an adult, he must think and feel like one. However, five-year-olds,... belie the promise of adult-like behavior with their child-like, impulsive actions.”
—Dorothy H. Cohen (20th century)
“The ambiguous, gray areas of authority and responsibility between parents and teachers exacerbate the distrust between them. The distrust is further complicated by the fact that it is rarely articulated, but usually remains smoldering and silent.”
—Sara Lawrence Lightfoot (20th century)
“To lift, to fetch, to drive, to shed, to pen,
Are acts I recognize, with all they mean
Of shepherding the unruly, for a kind of
Controlled woolgathering is my work too.”
—Cecil Day Lewis (19041972)