Which degree is of more worth for quant analyst job? (1 Viewer)

[Mr. Blonde]

Which is of more worth if I want to get into a quant analyst type job?:

B. Economics (Econometrics / Finance) at UNSW
or a B. Science (Financial Maths and Stats / Pharmacology) at USyd

Does it even matter? I can't decide if I want to continue my Economics degree or change to science where I can still do the things I liked about the Economics degree, plus a Pharmacology major which widens my options and lets me indulge myself a little.

 

[Affinity]

You need a PhD in something quanty to do anything serious as a quant.

A good undergraduate background would be maths + computer science with some finance on the side.

That said, I think the demand for quants in the forseeable future will experience a decline, given that complex derivatives are not fashionable at the moment

 

[kevinx2]

Quants usually have a background in physics or mathematics rather than finance etc and yeah, you'd most likely need a PhD

 

[ConanObrien]

You should definitely do a B.Science (Honours) in mathematics. At USyd, you can still major in economics under the B.Science degree. Agree with Affinity that mathematics/computer science would be ideal for a quant.

You don't have to get a PhD to get a quant job. Here a few examples for Tudor Capital Australia (A highly regarded firm)

John Zhu - LinkedIn

http://www.careers.usyd.edu.au/students/handouts/ScienceModule22008.pdf

Page 6 - Guest Speaker

 

[BeeCom]

How much does an actuarial studies major/degree qualify you to become a quant analyst? As opposed to an applied maths or pure stats degree

 

[shinn]

Hi, while browsing bos, I found some info regarding quants that you might want to read:

http://www.markjoshi.com/downloads/advice.pdf

 

[Sicherhetsdient]

negged

 

[velox]

You should definitely do a B.Science (Honours) in mathematics. At USyd, you can still major in economics under the B.Science degree. Agree with Affinity that mathematics/computer science would be ideal for a quant.

You don't have to get a PhD to get a quant job. Here a few examples for Tudor Capital Australia (A highly regarded firm)

John Zhu - LinkedIn

http://www.careers.usyd.edu.au/students/handouts/ScienceModule22008.pdf

Page 6 - Guest Speaker

Are you sure you can major in eco under science? I didn't think you could.

 

[velox]

neither theres a recession hahahaha

Which is heavily affecting the construction/property/engineering sector too. Not just finance. But then again, what does an engineering student know about finance and the economy...

 

[ConanObrien]

Are you sure you can major in eco under science? I didn't think you could.

At USyd you can major in anything, as long as you have 1 major from science as well.

 

[bwendan]

You should take subjects in Microeconomics, Macroeconomics, Asset Pricing, a bit of accounting or Financial Statement Analysis, Mathematics Greg Mankiw's Blog: Which math courses? and programming in C++

 

[Studentleader]

Hi, while browsing bos, I found some info regarding quants that you might want to read:

http://www.markjoshi.com/downloads/advice.pdf

Worth the read.

"A quant who cannot code C++ is like an arts student who can't get a root"
- Some blog of a quant headhunter


http://www.markjoshi.com/books/phpBB3/viewforum.php?f=8&sid=1bf4e41e9c4f0a5867a9633e23a7424b will probably help you more