Level of maths needed for the CQF???
I'm thinking of going after a certification like CQF. I have a strong background in computer programming (C# and databases) but I don't have a very strong math foundation (BA is in business, not comp sci). What level of math do I need for the CQF? I know that they offer a math primer and most of the topics listed for that primer are foreign to me. I'm thinking of taking an extra step and maybe taking some College Algebra courses before starting a CQF and maybe even a Calc course.
Is there a ton of math required for the CQF?
http://www.quantnet.com/review-cqf-program/
That shit is like 20 grand and I have literally never met someone that has one or has even heard of it/considered getting one.
Have you even researched this? The course is taught by some of the greatest quants to have worked in the industry and costs serious cash. In this course you will be among Doctorate level theoretical mathematicians/physicists looking to transfer into finance and professional level quants. It is focused on providing new ways of thinking about issues in the field so it assumes that you are well informed on the subject already.
false. I work as a quant, and our group doesn't really take this certification seriously. It's not nearly as rigorous as you make it out to be. It places undue emphasis on PDE methods, and doesn't even expose you to alternate (and often better) techniques and barely touches anything in statistics. From what I've seen on resumes and heard from other quants, it's mostly IT folk who take it to transition to a more quant job and the program is definitely not filled with "Doctorate level theoretical mathematicians/physicists ".
OP, what's your goal? From what I've seen, CQF is beneficial if you want to move within your firm. The reason for this is because you're already familiar with the infrastructure at the firm, giving you a leg up against some PhD who needs to be taught everything from scratch. If your goal is to take on more quant projects within your group and the firm will sponsor the CQF, go for it!
If you want to move to a new firm as a Quant, it'll be exceptionally hard - especially since you'll be competing with PhDs and MFEs. In general, I advise getting an MFE from a top 5 school if your goal is to become a quant.
PhD > CQF... QED
LTV, you seem to know a lot about this stuff. If you don't mind me asking, what type of work do you do at your quant fund? Are you mostly programming code or researching various strategies?
Good question, I'd also like to know...
Agree with LTV 100%.
Vel eligendi sint et voluptas esse. Est iure aut cupiditate voluptas dolorum dolores ad nobis. Quidem illo qui quos voluptatem. Alias dolorem vero est et.
Ut incidunt reprehenderit eum culpa in officiis. Eos nihil recusandae maxime corrupti culpa accusamus commodi. Odio perferendis et et quos veniam quasi odit. Et voluptas qui numquam in quia qui ut.
In sit placeat consequatur non. Voluptate non ut assumenda et ipsam delectus quod aspernatur. Nisi rerum non nulla et dolores. Dicta inventore accusamus eius quae laborum omnis impedit. Eos reprehenderit dolorum ex dolore. Nihil eius ut blanditiis et facere corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...