Відео

@doomtomb3 an apt description for many white collar jobs!

@DoYouEvenRift Could have been better for sure

@HonestReviewers Hahaha I am sure you have already paid your dues to the interview process.

@@myquantitativeno i got picked up while being in college. Quant firms organize annual competitions. I won one such competition with rank 1 in the world.

@@HonestReviewers What a C.V. you must have had. Were you always aiming to be a quant even before college. Salute to you. Classic quant profile right here. Do you see yourself staying in the industry or do you have plans to move on eventually.

@@myquantitative No i randomly stumbled upon the competition. Did not knew anything about Finance but I went through one of the world’s toughest exam (search JEE Advanced) so my Maths was really strong. I translated that skill into Quant by quickly picking up the basic finance terminologies i needed to understand for the sake of the competition. I am open to Data Science roles if I get a higher pay offer. Although in the past whenever I got an offer my current employer has matched the amount and kept me from switching

@Ducky-zj7bn Fortunately/unfortunately, a lot more is required. Everyone here is at least, proficient in mathematics, more must be brought to the table :)

@StevenEwaldGFX For sure, my less than conventional background and late transition definitely barred me from the top firms. Just grateful to get a foothold in the industry and looking forward to growing within the role

@AbolfazlFeghhi You can apply for those too!

@bhadbhris I don't blame you. It is a hyper competitive and elitist industry. And the pay can still differ from role to role, and more importantly, between geographies.

@zax_caliber5065 No I do not do codeforces

make sure you apply to many spring weeks now, put finance/quant related stuff on ur cv like societies, trading competitions, personal finance projects, apply to many spring weeks and do multiple if u can, make sure ur cv format is good, get good at the interviews, 2nd year apply to quant/trading internships, nottingham isnt oxbridge but its a semi target so u should have no problems

c++ easily, low latency and powerful

@@griefwnl7641 thanks

C++

@worldhistoryforyou-1 C++ and Python will be your best bet.

@DrBonkersInc No way bro! Drop me a DM on LinkedIn/Instagram if you do know me! I'll be keeping a lookout

@dr.woozie7500 Meh, don't hype up my research that much. In the words of my professor, most undergrad research amounts to nothing, they are merely chances for undergrads to experience research. Bear in mind, my untraditional background coupled with my late transition and preparation, I am not the Ideal Candidate #1, hardly the sort of candidate Jane Street or Citadel are begging to sign up. Fortunately, the quant industry is bigger than just the biggest names on the street and fortunately, life is long and I am grateful for having secured my foothold and am enjoying my time growing within the industry

@shaynemcpayne ¿Qué pasa, güey?

@Mastercane98 Thank you, I eventually received and accepted an offer at a buy-side firm. Nothing shiny like Jane Street or Citadel in New York making a billion per minute, but ultimately a foothold within the industry nevertheless and still a job (especially in this economy). Learnt lots and plenty more to go. From here on, it is down to me to learn and grow and push myself should I so wish.

@nuxaybebru I did get a job at a buy-side firm eventually. Have been here for just over a year, learnt a lot, only to realise there is so much more to learn

@bigbadlara5304 Cheers, thank your for the support, whereabouts are you based and are you also applying for quant roles?

@moheuddin_sehab Cheers, thank your for the support Sehab, whereabouts are you based and are you also applying for quant roles?

@AaronNicholsonAI Cheers, thank your for the support Aaron. Whereabouts are you based and are you also applying for quant roles?

@shuier525 Cheers! Whereabouts are you based in the world!

@lipca Comment came straight from r/csMajors

@barny1174 Thank you for the comment, it makes all the effort worth it! Whereabouts are you based in the world and are you currently applying for quant roles?

Also, that finishing question is a banger. Definitely stealing that one even for non quant applications!

@savaok255 Thank you so much for the support! Would love to be kept updated on your progress, do drop me an email, I want to collect stories of individuals such as yourself! Regarding the particular example. I weaved the question in when I asked about the various lifestyle events that the firm held. Big firms like to portray the positive aspects of working for them so these should be broadcasted on their website (in fact, LinkedIn would be better for such posts, so definitely check-in there). In fact, this particular fact that I found about my interviewer was when he was with a previous firm! Many firms also offer discount memberships or even fully subsidised memberships to gyms, so that could be an easy launch point. If they asked how you found out, a simple " I googled your name and it showed up" will suffice, no need to elaborate too much and come across as a stalker If I recall the conversation was started along the lines like this, "I saw that the firm recently organised X event, that looked fun, are such activities common at this firm? I know you're quite the runner yourself, how did you find the event? I bet you run to work as well!

@savaok255 That finishing question has never failed me! And if you bought the guide, you can find the plausible explanation as to why that is such a great line!

​@@myquantitativeThanks for the reply!) I'll gladly keep you updated with my progress on breaking into quant - look out for my email sometime soon. Additionally, if you ever decide to do applicant case studies where you review people's profiles or something like that I'd be more than happy to volunteer.

@rajarshibarman4474 Unfortunately, I cannot help you here. While having multiple interests in commendable, my advice would be to pick one field and get good at it before branching out, all the best

@@myquantitative I asked this because you have masters in multiple different engg domains so I thought you could share how you did it

I got 384 walks

@@petrileskinen2988 you're right

@nonam396 Thank you! I wish you all the best for your journey and cheers for reaching out, I look forward to seeing how you progress!

Hedge fund is a very competitive area, plus he is an international student, it is very likely that he got rejected automatically due to sponsorship reasons regardless of how qualified he is and what the positions are. It is very common to get rejected for 99%of the roles in hedge fund.

@KamilSkalny r/csMajors

@shuier525 You have been in the arena. Salute

@jwh523 my name is NOT Yang, I do speak English and I am a winner of no math competitions :(

@zigbo5659 Thank you for the support and I appreciate the comment! Every little bit helps the algorithm! You can still become a quant with that degree. There are many people with degrees that are not as rigorous as pure mathematics who become quants. Plenty of engineering students have made such a switch. There is plenty of mathematics there but as somebody who went through such a degree, I wouldn't place it within the mathematically rigorous category yet. Your plan is the safest path. A Masters in Financial Engineering is the typical path for individuals looking to make the transition. who lack a sufficiently transferable skillset to enter an entry level quant role e.g. engineers. Assuming you have a sufficiently strong mathematics background (in fact your grounding in statistics and probability from Actuarial Science will be an excellent foundation here), the MFE will serve as a "second chance", equipping you with a more focus set of quantitative finance knowledge and most importantly, allowing you to be considered as a student again and apply for the coveted internships and research experience. With this refreshed C.V. in-hand, coupled with some months of interview prep, you should be able to land an entry-level quant role. Of course the usual caveats apply with regards to picking the right school and programme. Unfortunately, I do not have experience here since I do not possess a MFE, but the UA-camr Dimitri Bianco has spoken about this at length on his channel, so I defer all opinions to him on this matter! My only concern would be your programming experience, I'm unsure how much your degree taught you or if you are self-taught, but I would INSIST on getting proficient in Python and if time permits (unlikely), in a C language as well. Your MFE programme should have a course teaching you one of the C languages but I wouldn't recommend having that as your first experience, the C languages are not kind to beginners, much less if the instructor is lackadaisical in teaching it. In the meantime, before you start your MFE, I would also recommend picking up as much machine learning knowledge as possible. This can open up more opportunities during your MFE and hence, affecting your trajectory after your MFE as well. If you're not already familiar with Python, this will be a bonus since you will definitely have to use Python during your process of studying machine learning. Will the role you eventually land be at a top-firm with the famous eye-watering compensations? That's another question and also a function of how hard you push yourself! Whereabouts are you based in the world? Always curious who are clicking on my videos!

@oatrust Thank you for the support! Stay tuned for more videos! And reach out to myquantitative@gmail.com if you have further questions

@trytofindareasonwhy Indeed, that's the case for other lucrative roles in Private Equity, Software Engineering, Investment Banking, Hedge Funds. While not all firms have such brutal processes, increasingly, these practices are trickling down to the "lower-tier" firms, I shudder to think how the job application process will look like for the next generation. Brutal indeed.

@SilverBalverine I won't sugar coat the truth but the chances of landing a quant role with an online masters will be slim to none. The quant world and the wider finance industry is elitist in it's selection criteria. There are already plenty of graduates from the top institutions competing for the roles. Your best bet is to attend a full-time in-person MSc programme at a known university. All the best!

@vorandrew in the depths of my application grind, this thought did spring to mind. Are you one of the rare few who have managed to do this?

@andychan9585 I completely understand mate. It is brutal. Unfortunately, not all of us are Math whizzes who get inundated with offers from Jane Street and Citadel. It's a grind, like any other job application process. Power through!

@HiltonFernandes Yes I eventually received an offer. To be clear, this wasn't in one of the typical ultra competitive firms with eye watering compensation, but it still pays above average for my location, it is in a small growing team with whom I get along well, the office is gorgeous with a great supportive culture and I can see myself growing within the role for years to come. The way I see it, the journey has just begun, entering into a quant role made me realised just how little I knew and the endless knowledge there is to pick up, it is exciting yet intimidating but it is to me, the right mix for a career : ) Are you currently applying for quant roles yourself?

@fadedsedated You are correct. These job descriptions never explicitly state a preference for prior finance knowledge, but it is an open secret that plenty of prep work goes into tackling the interviews. The depth of knowledge expected for interviews isn't particularly deep at all, I find the more challenging aspect being the range of topics you could be questioned on. Many of my peers picked up this knowledge through intense self-study and self-exploration, interacting with alumni and seniors and taking part in industry-led events such as hackathons, trading competitions, prediction competitions. The intense competition for such roles, particularly at coveted firms, brings with it an increasingly higher bar for selection. While firms could, in theory, teach everything about finance to a brilliant STEM student, why not instead pick a STEM student who was committed enough to explore the topics themselves? It can be frustrating to read descriptions that say " Prior experience in finance is not required, we will teach you everything you need to know", employers would still pick the STEM student who was motivated enough to self-teach themselves. This is not exclusive to Quant roles, look at Investment Banking, Consulting, Private Equity, Hedge Funds, Software engineering, Data Science. There is no one university course that will equip you with everything you need for the job or the interview process. Hence, these roles do except people from a wide range of backgrounds, as long as they can survive the interview process.

@ShubhamSinghUA-cam I am based in the UK/EU!

@AnshSingh-dk5uu Your preparation will be the same for a SWE position at FAANG. Where are you based and are you currently applying for quant roles?