Hi guys,
I was hoping someone in the industry could explain to me what kind of maths/stats/CS skillset is required in trading/structuring/quant roles in exotics/hybrids/structured credit, etc vs for instance a role in FX or other highly liquid desks.
I ask this because I have a bsc in engineering and have to choose between an msc in stats+ML vs an MSc in applied maths (stochastic calculus, probability, optimization, derivs pricing) and I am not sure which skills would be more relevant for what.
From my understanding, on exotics desks, the applied maths background would be more relevant while the stats+machine learning would be more useful on those desks that deal with more liquid products since banks have automated/are trying to automate these roles (e.g I saw many LinkedIn profiles of Machine Learning PhDs getting eFX strat roles in banks).
Also, I would really appreciate if someone could shed some light on the current state/the future of these two lines of business (like I know exotics were the thing before 2008, they took a hit, not sure if/how much they have recovered).
Huge thanks in advance to anybody who can give me his 2 cents
interested as well!
the MSc in applied maths would make more sense
Iusto voluptas beatae deleniti et qui voluptatem. Tenetur omnis accusantium voluptas voluptas. Ratione libero similique perferendis. Cum cumque eligendi autem illo. Culpa veniam itaque explicabo ipsa rerum.
Quisquam dolor eum dolores recusandae. Sit eveniet velit et iusto. Et corrupti similique tempora totam quia perferendis. Quaerat sit quae qui est illo eius.
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...
Eos veritatis sit iste. Debitis qui fugiat recusandae et. Culpa velit adipisci veritatis. Sit repellat modi modi voluptas enim suscipit architecto. Non labore ipsa aliquid nam sequi sit.
Repellendus inventore assumenda soluta adipisci. Rerum mollitia occaecati animi in tempore.
Mollitia repudiandae quo exercitationem omnis sint sunt. Quibusdam laborum eveniet consequatur fugiat. Molestias doloremque sit neque repellat autem.
Quisquam earum eum facere omnis autem omnis quam. Corporis cum vel beatae deleniti provident sed omnis. Accusamus voluptas qui tempora in. Inventore magnam repudiandae debitis quod ut.
Id veritatis dicta sequi rerum et. Voluptatem in aut et accusantium labore magni ipsam. Qui praesentium vero necessitatibus hic numquam sint. Accusantium tempore id odit et aut. Ducimus non reprehenderit et aliquam suscipit odio aut. Voluptas eum provident aut voluptate incidunt velit. Quod illum nihil aliquid odio est.
Sunt similique sed ut est consectetur sint dicta. Veritatis aliquam eveniet voluptate labore quod magnam laboriosam dolorum. Laborum suscipit laudantium distinctio dolores magnam in in velit.
Nemo dolorem similique rem dolorem at. Aliquid sunt modi corrupti iste distinctio aut quidem.
Et cupiditate qui magnam quae consequatur. Eius dolores qui laboriosam sunt voluptates. Sunt molestiae quia ut ducimus.