Coding in finance?
Hi all,
I’m a first-year student studying Economics. I’ve been coming across articles on the internet saying how coding is going to be one of the most important skills to have in the future. With a bit of time on my hands, I’ve enrolled in an online course on the programming language Python. Would just like to get some insight from you guys, how important is coding to a career in finance? Does knowing python give me an advantage in securing an internship at a bank?
Thanks in advance!
Why only think about your internship? You should be thinking beyond that and into the job you want. I think you're on the right track with wanting to add coding to your background. Python is an excellent choice, so is R and maybe even some SAS. You should also know how to write SQL for databases. If you know SQL for big data systems (like Hive) then that's even better.
Get yourself working with Python and some free datasets out there (pick any one) and start doing some data manipulation with it, something you can talk about in an interview and you will distinguish yourself from other applicants.
Programming and MSc in Finance (Originally Posted: 05/17/2017)
How important is programming for a MSc in finance student who would like to work as a trader at a hedge fund?
I've been accepted into LSE's MSc in Risk and Finance program and Imperial's MSc in Finance program. Imperial's is much more programming based than LSE's which has virtually none.
Feel free to comment!
There has been some discussions about this, you might want to check these out: * https://www.wallstreetoasis.com/forums/what-are-some-banking-career-opt… * https://www.wallstreetoasis.com/forums/computer-science-in-hedge-funds * https://www.wallstreetoasis.com/forums/computer-science-or-matheconomic…
For trading, go Imperial - far stronger placement than LSE on a per capita basis, though LSE still has a bigger alumni network. HFs in London will expect you to have very strong quant skills and pretty good coding, it's pretty much a prerequisite. The LSE course will likely not be seen as quantitatively rigorous, by comparison.
Where to find Financial programming / Financial coding jobs (Originally Posted: 10/25/2017)
TL;DR: Looking for employment resources in Finance Programming / Trading algorithms? I'm in a rock and hard place...
I have the ability to write stock trading algorithms. Also Cryptocurrencies, options, and if need be futures and FX.
I call myself a depression coder, meaning that during the great recession I couldn't find a job, so I took off my MBA in Finance on my resume and started teaching myself php and Mysql. So I don't have the Computer Science Degree or do I have the Statistic PHD, but I'm right in the middle. Currently, I'm a full employed programmer.
What is clear is that market is clearing moving to complete automation.
In Addition, I have made my home in Denver, with no desire to move to co-location alley (NJ,NY).
With all the list of my demands, I was wondering if any can point me to a website/recruiters/firms that specialize in algorithmic trading.
Some of my work is on my profile link.
Hi Jusmonkey, check out these threads:
More suggestions...
You're welcome.
How could I land a computer programming job in finance? (Originally Posted: 04/29/2014)
I'm currently a student pursuing a bachelors in computer science from a public ivy. I've always been interested in both finance and programming, so I want to work as a software developer/programmer at a finance company. The salaries are pretty attractive as well. Is it still the right time or have I missed the train? How competitive is it to land these jobs compared to the BB IBs or MBB consulting firms?
Let me get this out of the way: I'm not the brightest student compared to most people on this website. Currently I have average extracurriculars, an average GPA, and I couldn't even get into a target school back in high school. So just let me know whether I should just forget the fact that I ever wrote this. I've done software development internships at small to large tech companies from the coasts and received a few offers from them, so thankfully I'll be fine if I don't get into finance.
Get real brah, you are in a better position than most. I've hired kids with the technical skills I need even though they topped out at community college. You can't lose by learning programming, there is no downside. I can't speak with authority re: developer vs MBB difficulty, but I would imagine it would be much more of an uphill battle with the latter.
Undergo some computer courses like tally ms office. There are a lot of work in computer for finance students.
Getting into Finance - Networking/Computer Programming Diploma (Originally Posted: 05/23/2012)
Hi Guys,
I really want to get into the finance industry but I have a few problems that I am facing.. I don't have an education in anything business or finance related (Currently have a Networking/Computer Programming diploma)
I tried fixing this buy signing up for school and taking Economics, only to find out that it would take me at least 10 years to complete it doing it part-time as I currently have a full time job. I looked into the CFA but recently doubting this would make a big difference from what I have read on these forums..
I love this industry, not because of the money (don't expect to make a vast amount of money), I just really love learning about this industry.
I read a lot of news and keep updated on whats going in the world of finance. Read several blogs a few hours a day like ZeroHedge..
I read a lot of books in the different type of venues in the world of finance, different kind of investment vehicles, learning the lingo et..
My question to you gentlemen is, is there any way to even get into this industry without any experience or education? Or am I basically dreaming?
Depends on what kind of finance you're talking about. What exactly do you love about the industry?
Nothing is impossible, but you'll have a much harder time breaking into high finance jobs than something like commercial banking or even Finance as an institution's or bank's support function. Regardless of the area of interest, you'll still have to have a good story and preparation to show genuine interest in the area.
CFA won't get you a job, and there's a view that the hundreds of hours spent studying for the CFA could be better spent networking. If you do feel you have time to do both effectively though, passing one or two levels of CFA can demonstrate to interviewers or potential employers that you're serious about finance and can get you some credibility.
Hey Kjoz, I am a newbie here and I just saw your post. Would love to know how everything panned out for you and how you made it happen.
Cheers!
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