Summary of "How to Become a Quant? A Career in Quant Finance" Panel from QuantCon NYC 2018

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00:00:00 - 01:00:00

This panel of experts discusses the steps necessary to pursue a career in quant finance. They emphasize the importance of a good educational foundation, internships, and networking. They also suggest that students think about their career goals and the different paths available to them.

00:00:00 This panel discusses the varied paths that lead to a career as a quant. Max He, Catherine Hpping, Andreas, Peter, and Kelly share their backgrounds and current roles in the field. Katherine Kaminski discusses her role as chief research strategist at Alpha Simplex Group.
00:05:00 The speaker, who is originally from Sweden, tells the audience about their experience in the quant finance industry, including working as an entrepreneur, managing a hedge fund, and now working in a consulting role. They note that the industry has changed a lot since they started working in it, with increased compliance costs and the need for financiers to understand different strategies. The speaker says that they enjoy working with different teams and helping clients achieve their goals.
00:10:00 The panelists discuss the importance of considering your career goals, understanding how the money is made in quant finance, and cynicism in the industry. They suggest that students think about pursuing a graduate degree if they are interested in pursuing a career in quant finance.
00:15:00 Many people believe that a graduate degree in finance is important, as it can help ground your thoughts in quantitative models. However, this is not always necessary, as some non-PhD professionals are also capable of performing the same tasks. Masters degree holders may also have an advantage when competing for jobs in the quant finance field.
00:20:00 The speaker discusses how a mathematical background can be helpful in entering the field of quant finance, and how hiring a team of people with complementary skills can help foster creativity and innovation in the field.
00:25:00 The panel discusses how to become a quant, emphasizing the importance of good communication and selling skills. They also suggest finding people in the industry who can help you improve your skills.
00:30:00 This panel discusses the pros and cons of pursuing a quantitative finance career, with a focus on the various PhD programs and executive education programs available. They say that while education and experience are important, it's more important to find a person who can fit the specific skillset and personality needed for the job.
00:35:00 The panel discusses how important finance knowledge is for a new graduate, and how to develop this knowledge. The panel also discusses the importance of internships and how they can help build a career in finance.
00:40:00 The panelists discuss the different paths to becoming a quant, the importance of internships, and the changing landscape of the Quant industry.
00:45:00 The panelists discussed the similarities and differences between quant careers in traditional finance and data science. They emphasized the importance of having quants with a variety of skills, including data preparation and data integration.
00:50:00 The panelist recommends focusing on smart people, making good connections, and learning from others. Taking risks and being passionate are also important.
00:55:00 The panel recommends finding job opportunities through networking and proactively reaching out to hiring managers.

01:00:00 - 01:00:00

The panelists at QuantCon NYC 2018 discuss ways to become a quant, and emphasize the importance of networking and getting exposure in the industry. They also suggest looking for niche groups to get involved in and maximizing opportunities to get speaking engagements.