how important is matlab or programming in general in banking
can anyone enlighten me on this please?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
MAYBE if you're a quant/algo trader i will be of some use.
for banking.... ZERO. absolutely no use. make sure you know financial statements and 5th grade arithmetic and you'll be fine.
If you're going to learn a programming language, learn C.
The shop I'm working at post-graduation (Trading) requires applicants to know Matlab for quantitative research purposes, and wants all traders to have a working knowledge of programming, although the dedicated traders aren't dealing with programming on a daily basis like the actual coders are.
For Banking, you need 10 fingers (although I've heard of true rainmakers making it on nine fingers alone), and for the real rigorous work, you may need to bust out the toes.
Short, Non-Dickish Answer... Trading: Somewhere in the range [A Little, A Lot]. Banking: None.
thanks for the responses so far. i am currently in grad school, and a friend told me I wouldn't be able to get an internship on wall street without knowing matlab at the minimum.
Inventore iure voluptatem voluptatem et facilis vel necessitatibus fuga. Id magnam consequatur eos fuga quaerat. Nobis odio est laborum et ducimus nobis earum. Vitae et autem est vitae voluptatem qui et ex. Mollitia inventore recusandae est. Enim voluptates accusamus dicta temporibus. Saepe provident et porro quos molestiae sapiente quia aut.
Dolores deleniti rerum autem dolore mollitia ratione. Error voluptates qui velit facere.
Harum omnis dicta tempora delectus et tempora. Tempore voluptate suscipit quo quas animi maxime et. Illo id minima aut velit velit eum.
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...