How does a Master's in Mathematics/Statistics sound for my case?

Context:

I have a Bachelor's in Electrical Engineering and a Master's in Computer Science. As you would expect, my Bachelor's in EE had a strong high-level mathematics component to it, but that was 3-4 years ago. My Master's in CS had little/no math. Right now I'm about to join a Bulge Bracket Investment Bank with Rates Electronic Trading team. I'm not sure exactly what sort of development I'll be doing and if it's directly related to the trading platform.

Case:

I'm looking to pivot myself toward a quantitative developer role in the near future. Specifically with hedge funds/buy-side firms like Citadel/Two Sigma, Jump Trading etc. Note that I'm not considering quantitative researcher or quantitative trader roles, just purely quantitative developer as I enjoy and want to work with software primarily but in the financial space. Now I'm very well aware that QDs will have to have a decent/strong mathematics background to be able to understand and communicate effectively with QRs and QTs and implement their solutions.

So given my background, do you think a second Master's in Mathematics/Statistics would solidify me for that path or is it just a complete waste of time/money? I could do the Master's in 1 year full-time or 2 years part-time. Or should I take online courses/refreshers?

Pure Mathematics electives:

  • Algebra 3
  • Algebra 4
  • Algebraic Curves
  • Algebraic Geometry
  • Algebraic Number Theory
  • Algebraic Topology
  • Bifurcation Theory
  • Classical Dynamics
  • Commutative Algebra
  • Complex Manifolds
  • Differential Topology
  • Dynamical Systems
  • Dynamics of Learning and Iterated Games
  • Elliptic Curves
  • Formalising Mathematics
  • Fourier Analysis and Theory of Distributions
  • Functional Analysis
  • Galois Theory
  • Geometric Mechanics
  • Geometry of Curves and Surfaces
  • Graph Theory
  • Group Representation Theory
  • Group Theory
  • Lie Algebras
  • Manifolds
  • Markov Processes
  • Number Theory
  • Probability Theory
  • Random Dynamical Systems and Ergodic Theory: Seminar Course
  • Riemannian Geometry
  • Stochastic Calculus with Applications to non-Linear Filtering

Statistics:

  • Probability for Statistics
  • Fundamentals of Statistical Inference
  • Applied Statistics
  • Computational Statistics
  • Statistics Research Project
  • Introduction to Statistical Finance
  • Advanced Statistical Finance
  • Stochastic Processes
  • Contemporary Statistical Theory
  • Bayesian Methods
  • Multivariate Analysis
  • Machine Learning
  • Biomedical Statistics
  • Statistical Genetics and Bioinformatics
  • Big Data
  • Advanced Simulation Methods
  • Data Science
  • Deep Learning with TensorFlow
  • Nonparametric Statistics
  • Time Series Analysis
  • Survival Models
1 Comments
 

Qui dolorum eos ut omnis modi at. Ducimus veniam optio qui deleniti quibusdam. Et voluptatem amet totam. Omnis dolores ab nobis cum reiciendis dolores aut. Veniam nihil dolores qui doloremque consectetur similique omnis. Et nobis aut sed dolorum eveniet ea atque.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”