Some finance professionals join the industry working in entry-level quant roles, such as a researcher, after finishing a bachelor’s degree in a field that provides practical quantitative skills, such as statistics, finance, or economics. Many then go on to either do a specialised course in quantitative finance or transition into higher-level roles, in investment analyst positions or stock trading.
In the trading industry, quants are typically hired for their expertise in intricate mathematical models and AI/machine learning, skills that take a long time to develop. Consequently, most quants come to the field after completing a specialised quantitative finance course like the Certificate in Quantitative Finance (CQF) after doing a degree at university.
Top Career Paths in Quant Trading
Similar to portfolio analysts, quant traders deal with the trading of stocks, securities, and commodities. However, quant traders are more similar to day traders, aiming to make large, immediate profits. A lot of quant traders work in the field of liquidity (the ability to convert an asset or stock into cash without affecting the market value) supplied to certain financial markets.
Quant traders usually work alongside quant programmers and are usually adept at programming themselves, as they can use machine learning and algorithms to automate the trading process when requested.
Getting into Quant Trading
If you’re wanting to get into quant trading, the best way to kick off your leaning is by first studying the fundamentals of finance, usually through a university degree or apprenticeship. Once you have a decent knowledge of the financial sector, a specialised quant trading course would be the best course of action.
The Certificate of Quantitative Finance is applicable for people from a wide range of environments such as economics, programming, statistics, and digital engineering. Some already have been employed in the financial industry for some time, especially in fields such as portfolio management, quantitative analytics, and stock trading.