Few Qs for the Quants Out There

I know that I can get these answers using chat GPT, but I believe that the answers are subjective so I wanted to know the opinion of those people who are already working in this field.

I have a few questions if you don't mind

1. Is a Ph.D. a necessity for getting into quant? If yes, then does having a Ph.D. really add any value other than getting noticed by recruiters?

2. Which programming language do you use? What level of coding and maths is required to get into quants?

3. Do you think that, with time money will outflow from fundamental funds (l/s equity) to quants funds? Or, do fundamental funds have their own advantages that an AI or a quant fund can never achieve?

Thanks in advance for your time!

1 Comments
 

Sit nam aliquam alias ea est esse. Autem perferendis nobis illo dolore assumenda. Modi fugit sit earum iste debitis.

Doloribus tempore animi porro. Eum deserunt pariatur aliquid nihil et. Reprehenderit occaecati optio consectetur odio. Cum ipsa voluptas veritatis non veritatis eum.

Eaque dolores voluptatum optio animi non ad ullam. Magni sint quos molestiae eveniet omnis. Quibusdam animi quidem rem odit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”