Add some excel/vba projects with real data like different VaR methods, mutlifactorial CAPM, Markovitz/Mometum portfolio and some pivot table aggregation automation to be able to do land any jobs near front office as a first internship if not directly quant - python volatility models implementation and staying up to date with recent research papers would be fine too
Thank you for this video brother. I was familiar with the general scope of quantitative finance, but never truly knew the breakdown of skills and knowledge needed to enter the field. It's really nice to see a video like this. Quant Finance might truly be what I'm aiming for at the end of my studies. It's a field where I can apply mathematics, programming, machine learning, and financial theory. I recently wrapped up winning an AI Innovation Ideathon for Formula One and have been debating where I could take my skill sets. All the topics listed in your video are concepts I am passionate about turning into a career. Thank you myquant. You opened my eyes to a field I never truly considered.
Good video. It's my third year at uni, I want to persue my master in actuarial sciences because its the most math/finance oriented master in my uni, good to see that we'll cover the subject that I haven't already seen
I saw a very similar chart made and I have been trying to follow it. My background is in chemical engineering and looking to start a position to get me more experience in the financial side, possibly as an investment analyst. I know basic python and sql however will need to brush up that but looking into statistics now
Great input. Content on resources of each specific element of the roadmap would be greatly appreciated as finding resources for this content is very overwhelming… maybe book/ self learning recommendations for each area :)?
I want to be a data scientist , so i know quite a lot about it , but recently ive started seeing more math/tech mix jobs like actuaries , quants , machine learning engineers. There seems to be a lot of overlap and transferrable skills ,is it easy to pivot from data science to quantative analysis?
i already have the programming side of things done, and some of the mathematics, as i studied computer science in undergrad. i guess i gotta explore the other areas, if i ever do decide to go down this path. one key think i would probably add this is to start as early as possible! i'm in in 20s and sometimes i feel behind compared to other people, only because they started programming or whatever at like 12 or 13, and i only really started in undergrad.
There's alot off really cool channels that are "quant-based" Example.) 1. Coding Jesus TH-cam Channel Link : www.youtube.com/@CodingJesus/featured Link to his video on Quant Textbooks/ resources: th-cam.com/video/cXNL4JKBL6w/w-d-xo.htmlsi=yM1O_zhRaqIbwW_n (I will say they are a bit pricey, so if you can find the means to seek them digitally (free pdf) , that would be cheaper) 2. Dimitri B. TH-cam Channel Link: www.youtube.com/@DimitriBianco (This channel is FULLLL of gems man, he does a great job explaining his mistakes in the quant field, how to avoid them, and resources and books to pick up)
I just entered college and i'm not at like a t20 school or anything or have placed in any math competitions? Lets say i wanted to follow this roadmap, would the best course of action be to try and transfer out and into a higher school to pursue quant finance? While also learning and following the same map u present. Think there's a mental barrier thats stopping me because of all the noise ppl make saying u havent placed in like olympic math challences or amcs or whatever ykwim
What's the difference between statistics, econometrics and machine learning? Which bachelor and masters are the recommended path to become a quant? Ty in advance
Statistics Statistics is all about analyzing data, spotting patterns, testing hypotheses, and making predictions. It deals a lot with samples and sampling methods, like surveys and polls, to figure out what’s going on with a larger population. Econometrics Econometrics is basically statistics but for economics and finance. It’s used to study relationships between variables. For example, you might ask, “How will U.S. interest rates affect inflation over the next 5-10 years?” Econometrics gives you the tools to figure that out. Machine Learning (ML) Machine learning is about creating algorithms to find patterns and make predictions. What makes ML so powerful is the insane amount of data it can process and "understand." For instance, you can feed an ML model past financial data and crisis events, then task it with trying to predict something like the next 2008 stock market crash. Undergrad Degrees for Quants If you want to be a quant, you’ll usually go for a mix of two of these: math, finance, and/or computer science. Math: Because, well, you’re going to be doing a ton of it. Finance: You’ll be dealing with money and monetary systems, so this helps. CS: You need programming skills to work with models and algorithms. That said, it’s not a strict rule. A lot of quants come from physics backgrounds because physics degrees involve a crazy amount of math. Also the engineering discipline applies with the same rules, alot of math. Plus, foundational physics concepts tend to overlap with math and CS, so it’s all connected. Hope this helps!!
right now i’m completing my Bachelors in Business Administration, however i’ve taken course that have allowed me to learn R coding, Python, SQL and a bit Finance (which made me very interested in quant and model building). I’m missing a lot of the core math courses, so my question is can i even become a quant? I most likely will get my Masters im just not sure what degree i should get
Hey, i was in the same boat/ in the same boat right now. If possible, try to obtain a masters in Financial Engineering which is essentially preparing you for quant. I'd also suggests taking on internships as well as attempting projects that have a foundation that will require you to learn and utilize one or more of the programming languages, as well as financial concepts. This will show the employer that you can operate in both majors/ areas well. Also, I am a Finance major (looking to add a CS major, because i know that discipline wise.. self study isn't going to pan out for me, and I'm a math minor). Its never too late. Also for graduate school look into a quant finance degree aswell!!
@@harrytaylor4360 no financial engineering is a term for a new form of a finance degree which can be both bachelor or masters. It’s essentially pretty similar to what a quantitative finance degree gives you however it is more focused on the execution side of things, building tools and applications whereas quantitative finance is more focused on the mathematical modelling. Hope that helps… if not just google, there is plenty of articles about it
@@harrytaylor4360 haha, no no . Heres the "text book" or web definition of financial engineering: Financial engineering is an interdisciplinary branch of the investment industry that makes use of applied mathematics, statistics, computer science, financial theory, and economics to conduct quantitative analysis on the financial markets
Is networking prevalent in this field ? If you have the skills but don’t come from a target nursery, how to set your foot in. I am willing to take any suggestions. So far I tried Kaggle competitions (but they are sometimes scarce and erratic and I’m already finishing my masters), designing my own algorithms (but of course don’t have enough liquidity and commission fees are huge to run strategies). I don’t know if starting a career elsewhere (ML research for ex.) would impact my ability to land a quand job afterwards. If anyone is willing to help or mentor I’ll be more than happy to receive it.
Hi there I’m doing chemical engineering in my final year I wanna do something in quant is it advisable to do a masters in quantitative finance ? Here in the UK . Thank u for your time
Step 0: Be in a college from which alumini are working in quant companies. Not covered in the roadmap. Thus, it is useless for everyone who is not already at Step 0. Peace !
You forgot the part about being second in that Math competition in China.
:)
The name's Zhang!
my QUANTITATIVE 🗿!!!🗣️
Add some excel/vba projects with real data like different VaR methods, mutlifactorial CAPM, Markovitz/Mometum portfolio and some pivot table aggregation automation to be able to do land any jobs near front office as a first internship if not directly quant - python volatility models implementation and staying up to date with recent research papers would be fine too
This is why I switched from pursuing a BA in Econ to pursuing a BS in Computer Science! I feel I can still tackle fintech and hedge funds!
Thank you for this video brother. I was familiar with the general scope of quantitative finance, but never truly knew the breakdown of skills and knowledge needed to enter the field.
It's really nice to see a video like this. Quant Finance might truly be what I'm aiming for at the end of my studies. It's a field where I can apply mathematics, programming, machine learning, and financial theory. I recently wrapped up winning an AI Innovation Ideathon for Formula One and have been debating where I could take my skill sets. All the topics listed in your video are concepts I am passionate about turning into a career.
Thank you myquant. You opened my eyes to a field I never truly considered.
Good video. It's my third year at uni, I want to persue my master in actuarial sciences because its the most math/finance oriented master in my uni, good to see that we'll cover the subject that I haven't already seen
I saw a very similar chart made and I have been trying to follow it. My background is in chemical engineering and looking to start a position to get me more experience in the financial side, possibly as an investment analyst. I know basic python and sql however will need to brush up that but looking into statistics now
Great input. Content on resources of each specific element of the roadmap would be greatly appreciated as finding resources for this content is very overwhelming… maybe book/ self learning recommendations for each area :)?
I want to be a data scientist , so i know quite a lot about it , but recently ive started seeing more math/tech mix jobs like actuaries , quants , machine learning engineers. There seems to be a lot of overlap and transferrable skills ,is it easy to pivot from data science to quantative analysis?
i already have the programming side of things done, and some of the mathematics, as i studied computer science in undergrad. i guess i gotta explore the other areas, if i ever do decide to go down this path. one key think i would probably add this is to start as early as possible! i'm in in 20s and sometimes i feel behind compared to other people, only because they started programming or whatever at like 12 or 13, and i only really started in undergrad.
Now which courses should I take from coursera to become quantitative analyst/trader
Now with the release of o1, and o3 from OpenAI coming soon, we can definitely use em to do most of the math & coding heavy lifting! 🤗🥰
Not in real time you can’t
You forget data science & physics
Hello, i m a first year math undergrad, any good financial theory books that are good as an introduction to the subject?
There's alot off really cool channels that are "quant-based"
Example.)
1. Coding Jesus
TH-cam Channel Link : www.youtube.com/@CodingJesus/featured
Link to his video on Quant Textbooks/ resources: th-cam.com/video/cXNL4JKBL6w/w-d-xo.htmlsi=yM1O_zhRaqIbwW_n
(I will say they are a bit pricey, so if you can find the means to seek them digitally (free pdf) , that would be cheaper)
2. Dimitri B.
TH-cam Channel Link: www.youtube.com/@DimitriBianco
(This channel is FULLLL of gems man, he does a great job explaining his mistakes in the quant field, how to avoid them, and resources and books to pick up)
will make video about books soon
I just entered college and i'm not at like a t20 school or anything or have placed in any math competitions? Lets say i wanted to follow this roadmap, would the best course of action be to try and transfer out and into a higher school to pursue quant finance? While also learning and following the same map u present. Think there's a mental barrier thats stopping me because of all the noise ppl make saying u havent placed in like olympic math challences or amcs or whatever ykwim
What software did you use for the mind map? Great video, thank you.
excalidraw
Great videos ...Machine Learning is important.
Do you recommend the CFA designation? Is it necessary?
grateful for the wealth of information provided
Thanks for sharing this, I think I will make this roadmap my 2025 - 2029 goals.
now make another video for all the resources out there for the specific skills.
What's the difference between statistics, econometrics and machine learning? Which bachelor and masters are the recommended path to become a quant? Ty in advance
Statistics
Statistics is all about analyzing data, spotting patterns, testing hypotheses, and making predictions. It deals a lot with samples and sampling methods, like surveys and polls, to figure out what’s going on with a larger population.
Econometrics
Econometrics is basically statistics but for economics and finance. It’s used to study relationships between variables. For example, you might ask, “How will U.S. interest rates affect inflation over the next 5-10 years?” Econometrics gives you the tools to figure that out.
Machine Learning (ML)
Machine learning is about creating algorithms to find patterns and make predictions. What makes ML so powerful is the insane amount of data it can process and "understand." For instance, you can feed an ML model past financial data and crisis events, then task it with trying to predict something like the next 2008 stock market crash.
Undergrad Degrees for Quants
If you want to be a quant, you’ll usually go for a mix of two of these: math, finance, and/or computer science.
Math: Because, well, you’re going to be doing a ton of it.
Finance: You’ll be dealing with money and monetary systems, so this helps.
CS: You need programming skills to work with models and algorithms.
That said, it’s not a strict rule. A lot of quants come from physics backgrounds because physics degrees involve a crazy amount of math. Also the engineering discipline applies with the same rules, alot of math. Plus, foundational physics concepts tend to overlap with math and CS, so it’s all connected. Hope this helps!!
right now i’m completing my Bachelors in Business Administration, however i’ve taken course that have allowed me to learn R coding, Python, SQL and a bit Finance (which made me very interested in quant and model building). I’m missing a lot of the core math courses, so my question is can i even become a quant? I most likely will get my Masters im just not sure what degree i should get
Hey, i was in the same boat/ in the same boat right now. If possible, try to obtain a masters in Financial Engineering which is essentially preparing you for quant. I'd also suggests taking on internships as well as attempting projects that have a foundation that will require you to learn and utilize one or more of the programming languages, as well as financial concepts. This will show the employer that you can operate in both majors/ areas well. Also, I am a Finance major (looking to add a CS major, because i know that discipline wise.. self study isn't going to pan out for me, and I'm a math minor). Its never too late. Also for graduate school look into a quant finance degree aswell!!
@@DormantBillionaireis it really called financial engineering? I thought that was a legal term for a kind of white collar crime
@@harrytaylor4360 no financial engineering is a term for a new form of a finance degree which can be both bachelor or masters. It’s essentially pretty similar to what a quantitative finance degree gives you however it is more focused on the execution side of things, building tools and applications whereas quantitative finance is more focused on the mathematical modelling. Hope that helps… if not just google, there is plenty of articles about it
@@harrytaylor4360 haha, no no . Heres the "text book" or web definition of financial engineering:
Financial engineering is an interdisciplinary branch of the investment industry that makes use of applied mathematics, statistics, computer science, financial theory, and economics to conduct quantitative analysis on the financial markets
No
Thanks for the video
Thoughts on AI's effect on quant?
Is networking prevalent in this field ? If you have the skills but don’t come from a target nursery, how to set your foot in. I am willing to take any suggestions. So far I tried Kaggle competitions (but they are sometimes scarce and erratic and I’m already finishing my masters), designing my own algorithms (but of course don’t have enough liquidity and commission fees are huge to run strategies).
I don’t know if starting a career elsewhere (ML research for ex.) would impact my ability to land a quand job afterwards.
If anyone is willing to help or mentor I’ll be more than happy to receive it.
Hi there I’m doing chemical engineering in my final year I wanna do something in quant is it advisable to do a masters in quantitative finance ? Here in the UK . Thank u for your time
Looks a lot like Excalidraw, what kind of whiteboard app is that?
it is excalidraw :)
what did you make that chart in?
excalidraw
His name is Yang!
How do you suggest a learning style to cover all these topics
Go to college
what about Monte Carlo Methods ?
Is this for quant dev or trader??
Step 0: Be in a college from which alumini are working in quant companies.
Not covered in the roadmap. Thus, it is useless for everyone who is not already at Step 0.
Peace !
what about machine learning?
Thanks MQ
Can you provide a road map for ML developer to get into this from scratch !! It will be really helpful
THANK YOU
Does the author of the video know how to code HFT strategies???
Kindly share the link of the roadmap sheet
link is now in description
Hey could you talk about your background
Hi, can you do a roadmap for quant developer 🙏
yes i will
@@my_quantative_analyst gosh big thanks!
What app do you use for note-taking?
i use obsidian, but the website you see in video is excalidraw
Do you work as a quant? Are you happy with your job?
Do you mind sharing the link to the roadmap?
link is in description
until he zoomed outt!! within the first 5 seconds
The graph is great, your presentation skills aren't. No charisma whatsoever.
yeah, my accent is awful
@@my_quantative_analystI think you did a great job!
thank you :)