Coding for FICC & rates

Just interested to know more about the topic. On LinkedIn I've seen far too many analysts/associates at top AMs listing in their job description their coding skills in fixed income, rates derivatives (eg swaptions), currencies, and commodities valuation. I'm familiar with the products and how to value them using simple contrived examples on paper, but I don't know where to start with coding. 


I'm not from a quant background so I'm looking to strictly teach myself. Would really appreciate it if someone were to touch down on this topic. 
Edit. Lol why tf does this site include a US-midwest tag on every post? I'm based in London, also from a low-tier semi target.

 
Most Helpful

I'm just starting in AM now so take what I say with a grain of salt. 

I've seen a lot of job ads for AM research analyst roles (including my own) describe coding skills as desirable, although nobody I know on the buyside seems to actually be able to code that well. 

I get the impression that it's just because you're working with datasets and being able to code will obviously make your general data analysis much more efficient, but plenty of people seemingly get away with just having strong Excel skills. I personally know a bit of R, people tell me Python is more widely used but I think they're fairly interchangeable.

Anyone from a quanty background (econ, compsci, math, stats) should be more than capable of teaching themselves. There are plenty of free online courses, but I reckon after you get set up and know the basics the best way to learn is to just start using RStudio or whatever as your go to instead of Excel. 

 

Et dignissimos placeat earum est nulla deleniti. Modi officiis fugiat assumenda velit. Iusto ut aliquam dicta. Deleniti porro magnam nulla.

Possimus eum vero dicta consectetur cupiditate. Ut id voluptas porro sint. Ex id velit aut iste vel excepturi. Ex asperiores enim quod consequatur. Et impedit illo sed. Rem ex nesciunt aperiam amet.

Ab dolor sed et et. Voluptate deserunt neque laudantium ullam error aut. Similique eum necessitatibus quo aperiam quia. Mollitia illo accusamus cum velit. Et quo incidunt est unde quo qui vel dolorum. Maiores magnam ratione hic beatae voluptas eligendi. Dolor itaque rerum accusamus ipsam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”