Benefits of learning R language
Hi,
I have my heart set on a career in portfolio management.
Is it worth it investing the time in learning the R language?
Working in finance you deal with data and analysis all the time so my assumption is that it wouldn't hurt.
Thanks
I have moved all of my infrastructure AND models from R to Python a few years ago. There are still things that R does better, but Python in Jupiter is such a great tool that it makes up for these deficiencies.
I have to say that the choice of the programming language will depend on PM preference, asset class and existing infrastructure. You should assume that you will end up learning and forgetting multiple languages through your career and there is nothing bad about that.
PS. I just wish there was a “table editor” that could be plugged into python