j******n
发帖数: 271 | 1 Very few if any quants are doing pure models, or research, or core
finance. More often they have to deal with coding. On derivatives side,
most of the work are concerned with implementing and evaluating models in
publications, come up with a suitable model (very often grab a few from
publication and pick the "best") to price and risk manage a pending deal,
fix problems in existing systems and improve them in various ways. On
equities side, a lot of efforts are on dealing with the speed to get th | a***r
发帖数: 594 | 2 very good summarize.
bottom line, if one refuses to code a signigicant portion of time spent at
work, one narrows the potential job pool by factor of 10 if not 100.
at entry level, such a candidate basically shuts him/her out of virtually
ALL openings.
【在 j******n 的大作中提到】
: Very few if any quants are doing pure models, or research, or core
: finance. More often they have to deal with coding. On derivatives side,
: most of the work are concerned with implementing and evaluating models in
: publications, come up with a suitable model (very often grab a few from
: publication and pick the "best") to price and risk manage a pending deal,
: fix problems in existing systems and improve them in various ways. On
: equities side, a lot of efforts are on dealing with the speed to get th
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