programming

[von crooms]

Hello im new on this whole quant thing so to become and quant which i know theres different types of quants
do all qaunts need to know programming?

 

[Andy Nguyen]

Yes. They all know how to program.
Here is a good starting read quantnet.com/guide

 

[von crooms]

But it doesn't explain why all quants need programming because I want to be a desk quant where does programming comes in sorry for the dum question

 

[Andy Nguyen]

What do quants do?

 

[von crooms]

They create complex mathematical and statistical models but you can create models without programming correct or no?

 

[Keith Tan]

yes there are many models available without programming. say there is a black-scholes model implemented in a spreadsheet and all you need to do is to key in values - no programming needed. or maybe you can take another model say a binomial tree model and combine the two outputs together - wham bamm now you're a quant! Now quant, do you believe these models gives the correct output? can you prove it without programming?

 

[von crooms]

I kinda get what your saying so programming basically allows you to back test the model youve created. Im getting it slowly im just new to all this