Which programming skills for risk management?

Hi guys,

I was wondering about how to improve my skill-set for a position in risk management at a HF. I already have basic Excel VBA knowledge, and thought about learning additional programming languages. Which ones are used in Risk Management or portfolio management at a non-quant HF? Does it make sense to learn mathlab - or is Excel just good enough?

6 Comments
 

How do you know when you're good enough in those languages to actually work in a hedge fund or other financial institution that heavily uses programming knowledge?

 

classroom experience will not be enough. you'll need projects under your belt that use real time data (not necessarily market data), can processes data to generate signals, and of course, a solid background in risk management.

many hedge funds run in low latency environments, with risk analytics built into the signal-execution process, so writing precise, intelligent code is very important. not just finding a solution, but the optimal solution.

 

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