Table of Contents
Do you need a PhD to work as a quant?
You don’t need a PhD to become a quant.
Do you need a degree to work at a hedge fund?
Hedge fund managers typically have a minimum of a bachelor’s degree, although many companies prefer a master’s degree. Hedge fund managers may have a degree in accounting, finance, economics or business administration.
Can you become a quant out of undergrad?
Almost ALL quant shops hire a few exceptional people straight out of undergrad – some friends have been recruited to the firms you’ve mentioned in quant trading positions, from top schools (M H P W).
Is a PhD in Economics/Finance worth it for quant work?
Economics/Finance – Economics and Finance PhDs do not always teach you the mathematical maturity necessary for pure quant work, but it really depends on the project. You will need to be honest with yourself about where you lie on the mathematical spectrum.
Should I go back to school for a quantitative finance degree?
If you have a PhD in a non-quantitative field and your background is not sufficiently mathematical, then you should definitely consider that you will likely need to return to school if you truly want to work in quantitative finance.
What kind of jobs can you get as a quantitative developer?
Hence anything highly mathematically, statistically or physically oriented is likely to be of interest to a top quant hedge fund. As for computer scientists and strong scientific software developers, generally there is always work available for quantitative developer roles.
Do I need to be good at math to be a quant?
Depending upon your background you may need to brush up on your (pure) mathematics for interview questions. Economics/Finance – Economics and Finance PhDs do not always teach you the mathematical maturity necessary for pure quant work, but it really depends on the project.