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:
“If the education and studies of children were suited to their inclinations and capacities, many would be made useful members of society that otherwise would make no figure in it.”
—Samuel Richardson (1689–1761)
“If education is always to be conceived along the same antiquated lines of a mere transmission of knowledge, there is little to be hoped from it in the bettering of man’s future. For what is the use of transmitting knowledge if the individual’s total development lags behind?”
—Maria Montessori (1870–1952)
“In England, I was quite struck to see how forward the girls are made—a child of 10 years old, will chat and keep you company, while her parents are busy or out etc.—with the ease of a woman of 26. But then, how does this education go on?—Not at all: it absolutely stops short.”
—Frances Burney (1752–1840)