• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

"The age of the quant is coming to an end" - thoughts?

Joined
7/18/15
Messages
96
Points
278

This article seems to be mainly talking about quant roles in banks, and claim that there will be less maths, and more programming, and less pay. Is this the trend?
 
100% correct article. True to the core. The little or so quant work is being done by the consulting companies. Most of the work is commoditized/outsourced/canned. Quants are being sold dime a dozen.

About me: Over 7 years of diverse Software Engineering experience in Adtech, Fintech, HFT and Server Automation.
 
Last edited:
Its true that the article narrowly focused on sell side. However, even in buy-side the stat-arb quants aren't making any money to justify the 2-20 rule. The money is mostly going into the index funds / etfs or simple fixed income funds.
 
That was a very interesting article. The writer has mentioned something that needs to be looked into deep. That was bound to happen in my opinion.
 
Back
Top