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How to Find a Job in Quantitative Finance

Contributor
By eHow Contributing Writer
(2 Ratings)

Students with a strong aptitude in higher math and business or economics will find the discipline of applied mathematical modeling, known as quantitative finance, challenging and rewarding. Quantitative finance is a career field that traditionally has more available jobs than qualified candidates to fill them.

Difficulty: Moderately Challenging
Instructions
  1. Step 1

    Select the right career path for you. Within the field of quantitative finance study, students can choose to concentrate on applied or theoretical analysis. An advanced degree is necessary for most entry level positions in this field. Areas of specializations of applied analysis include financial risk management, investment and money management, financial analysis and portfolio management.

  2. Step 2

    Use Internet job boards to research positions in quantitative finance and the associated companies. The International Association of Financial Engineers is a good starting point. (See Resources)

  3. Step 3

    Join student and professional finance organizations like the Financial Management Association. Organizations like this enable you to meet other quantitative finance students and professionals and attend professional development events.

  4. Step 4

    Land an internship at a large bank, investment firms or consulting firm. A good internship experience allows you to gain practical experience in your field and exposes you to potential employers. Most colleges and university business and finance academic programs can help you apply for an internship.

  5. Step 5

    Target your job search. Whether you are graduating with a master's or doctoral degree or you already have work experience, you can begin your job search by submitting your resume directly to the companies you're interested in. You should also check quantitative finance job boards for current listings.

  6. Step 6

    Practice explaining complex mathematical concepts. Interviewers for top jobs in quantitative finance look for people who know their math but who can also communicate financial solutions to non-financial people. You will give yourself an edge in the interview process by showcasing your communication and interpersonal skills, as well as your quantitative abilities.

Tips & Warnings
  • If you are an undergrad planning a career in quantitative finance, you should work with an academic adviser to choose classes in math, business and economics that will be most helpful to you as a graduate student.
  • Airlines, commercial banks and credit unions, financial management firms, insurance companies, investment banks, securities and commodities brokerage houses as well as universities and think tanks seek quantitative finance graduates at different levels of their careers.
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