Equity Strat position. I heard the interview is pretty different from typical desk quant interview (heavier on stats/econometric). Does anyone has experience with them?
also, seems like they are doing pretty bad last 2-3 years. Is it a good time to join them? (I'm a risk quant in HF with 3y exp)
I kind of make it now. although not in trading yet, I'm now working as hedge fund quant in risk modeling from one year BB IT. I think I'm in a much better position now if I want to do investment analysis and portfolio management in the future. It is not that difficult but the difference between...
We don't use VaR or market standard models but mostly stress and scenario test plus our own factor models. Most of them are proprietary so I can't share the ideas :)
Hi,
I'm now working as a quant in risk modeling team of a top tier HF (Not a quant fund). Main responsibilities are modeling and analyzing the risk for entire fund incl equity/distress bond/MBS. All models we use are developed in house from scratch.
My career goal is to become a portfolio...
Really weird. Did good in interview and my referral prof also says "extremely surprise" (he is one of prof in MSCF Steering Committee).
But it is fine for me. Ironically, I got a quant offer from a top hedge fund on the same day.
Don't know whether I should happy or not :)
I attended NCSU's MFM and think this is a good evaluation. As mentioned, biggest plus is the cost, especially for in-state students. I paid one semester what one class costs in a private school. One drawback is the program is taught by academic mathematicians/statisticians so some coursework may...
OK. Thanks for sharing. Then we should be fine. I heard usually they would conduct a final behavior interview for those qualified people but didn't hear anyone get it this year. Probably they change their policy a bit.
CMU CS kids don't need a course to learn C++. Professors only teach them how to think in abstract way. Writing code is considered as lowest requirement.
They said in email they only want students with pure math background? That's not possible. Not school would do that.
If you are guessing the reason, you can stop now because that doesn't help at all. I guess you may not have enough failures in your life and feel excuse about the bad result. For...
I know one guy got admitted 1 week after submission in March. School said result will be sent out late this week or Monday next week. Did anyone get admitted already?
Another kid who wants to buy island in his early 30s.
"I am far more interesting into trading, making real money and planning where to invest the money instead of research and I would like to have a job some day in which I can be close to the money and have managing function with being in...
But that's the reality. Most BB Bank only hire S&T analyst/associate in native English speaker pool because its strong demand of communication with coworker and clients. No matter how social you are, most Chinese can only land a quant job in NYC because quant position requires more analytical...
Students in NYC definitely get more exposure to industry, assuming you are a social person. This is leading you to a NY offer. But the problem is most Chinese students have problems in landing S&T offer in NYC, due to language and culture barrier. So people who don't want to do quant choose S&T...
As far as I know, MSCF students at NYC got more NY offer, while students at Pitts got more asian offer (Asian students). It is difficult to say which one is better because most NY offers are quant while Asian offers are S&T
Hi,
I'm now working in a major IB as trading support for about 1 year (day to day support and build analytical/reporting spreadsheet for traders and MO). I have a CMU IT master already. Like many people, trading is the career I really want to pursue. So I want to pursue a MFE degree to develop...
CS Master, no math/stat degree. 1y working experience in Credit FO support and spreadsheet modeling.
What kind of questions should I expect? Totally no clues now.
The thread becomes interesting :) Anyway, thank you very much for all the knowledge/thoughts shared here. I start to realize how important that u have good mentors/friends on street is.
Sadly, 6 figures salary is not even possible for a junior tech analyst in IB. So I supposed that I would be the lowest income people in NYC T_T
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Thanks, GoIllini. Your thoughts are valuable to me. And I know...
Hi, I am actually wondering that because there is usually an expected range for IBD Analysts, for example, 30-70K for first year analyst. Is there a similar range for first year tech analyst, let's say who work at front office (S&T)? I know the responsibilities are largely different depend on...
Honestly speaking, I don't know what the correlation and flow is since I am not majored in Finance:) Could you give more insight about? What kind of tech position in credit derivatives is more promising if I want to do algorithm trader in some prop trading/hedge fund in future? Thanks.
I also got offer from CS. My position is FO IT Analyst in credit derivatives group and I already accept the offer. Hope it is not so bad as someone mention here. Anyway, I believe it is a good start in finance as a CS background student.
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