Advancements in technology have completely changed the way financial trading is done in today’s time. If you have a background in mathematics or statistics, you could aspire to become a great quantitative finance trader, especially if you do have required IT skills. Recent additions like high-frequency, algorithmic and automatic trading has opened up new job streams for candidates. Even though they may seem lucrative, there’s a lot of competition and hard work involved in getting to the top.
Funds and investment banks that hire quantitative traders have a series of hiring processes to select the best candidates. Just because you were the best student in the class or you have a solid degree doesn’t help you become a great quantitative trader these days. In this white paper, we shall discuss what makes a great quantitative trader, and moreover what hiring agencies and major investment banks look for in candidates that apply to these positions.