Do You Need to be the Second Coming of Jesus Christ to be a Quant Trader?
The short answer is yes.
Background, there are plenty of jobs in the Quant Trading Realm. This is because banks, MM, and prop shops plan to give about anyone or every one the chance to interview in hopes of finding the .001%. While Quant Trading is in the Finance Realm, they are against hiring those that studied finance in college. The main areas they target are those in the STEM field with next-level problem-solving speed.
The whole Quant Realm can be really summed on this concept. Firms find those that are exceptional in 1 of the three areas, Math, Coding, and Problem-Solving, but are average in the other two. If you are a fast problem solver, you're a trader, exceptional at math, a researcher, and if you're incredible at coding, you're a developer.
Short Answers to questions- Will getting an MFE help me get into trading? No, an MFE will not make you a quant trader, speed will make you a trader.
I went to an IVY and got a finance degree -No, they do not care if you got your finance degree at an IVY.
A really good metric to see if you have the problem-solving speed of a quant trader is score 50+ on https://arithmetic.zetamac.com/ in a 2 min period.