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:
“Individually, museums are fine institutions, dedicated to the high values of preservation, education and truth; collectively, their growth in numbers points to the imaginative death of this country.”
—Robert Hewison (b. 1943)
“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)
“Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and Determination alone are omnipotent. The slogan “Press On”, has solved and will always solve the problems of the human race.”
—Calvin Coolidge (1872–1933)