Query: How to become a quant

Becoming a Quant: Insights from Reddit Comments

Summary of Recommendations:

• Being a quant requires a strong educational background in fields like mathematics, statistics, computer science, or related areas.
• PhD is preferred for quant roles, especially from top institutions.
• Pursuing specialized programs for quants offered by some universities can be beneficial.
• Consider study programs abroad for further education in quant-related fields.
• Opportunities also exist in Investment Banking (IB) for those interested in finance.

Steps to Take:

1. Strong Educational Background Required:

   • Recommendation to focus on mathematics, statistics, computer science, or related fields: "PHD in Maths statistics comp sci etc. Preferably from top institutions."
   • Pursue PHD in Math or similar field to maximize chances of entry into a quant role: "PHD in Maths or something very similar."
   • Consider a Research-Based Degree: "they usually only hire PhDs in the field."

2. Alternative Paths:

   • Investment Banking (IB): "consider a different finance route."
   • Look for opportunities where countries have strategic or resource value: "A lot of opportunities exist in the space."

3. Specialization and Programs:

   • Consider Specialized Programs for quants: "some universities have specialized programs for quants."
   • Get a Degree: "You'll have to get a degree first anyway."

4. Consider Studying Abroad:

   • Explore International Opportunities: "Your aim should be to get your PHD in Maths or something very similar."

Additional Comments:

• Educational Qualifications:
  • "People hired in quant are usually PhD's in the field."
  • "Top of mind IB might be a good fit depending on the country."
• Personal Development:
  • "just wanted to start by saying that you sound like a very motivated person."
  • "if for someone reason you don’t become a quant, you will succeed in whatever you do."

Remember, becoming a quant is a challenging path that requires dedication to education and continuous learning. Pursue your academic interests, seek out specialized programs, and consider various avenues in the finance industry to build a successful career in quantitative finance!