Recent content by QuantNet

The practice of quantitative finance used to be the prerogative of global trading hubs such as New York or London. When major investment banks, hedge funds, or proprietary trading firms were expanding to Asia, they tended to send senior executives from New York or London to selected Asian cities...

NEW YORK, October 27th, 2016 – QuantNet today released its 5th rankings, selecting the Best Master Programs in Financial Engineering, Mathematical Finance, Quantitative Finance in North America. The 2017 rankings also provide much greater statistics on each program, making it easier for...

NEW YORK, October 6th, 2015 – QuantNet today released its 4th rankings, selecting the Best 30 Master Programs in Financial Engineering, Mathematical Finance, Quantitative Finance in North America. QuantNet surveyed programs administrators, hiring managers, corporate recruiters, and finance...

NEW YORK, September 24th, 2013 – QuantNet today released its 3rd bi-annual rankings, selecting the Best 25 Master Programs in Financial Engineering, Mathematical Finance, Quantitative Finance in North America. QuantNet surveyed programs administrators, hiring managers, corporate recruiters, and...

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In this article, one of QuantNet members describes a typical day as a market risk analyst in a big financial institution. The author holds an MFE degree. 6:45 am – Alarm clock goes off. The good side is that it’s a Friday and I have a weekend to rest. So I quickly get up, take a quick...

NEW YORK, September 19th, 2011 – Quantnet surveyed program administrators, hiring managers to get the information used in the 2011 ranking of Financial Engineering (MFE) programs. The 2011-2012 Quantnet ranking is the most comprehensive ranking to date of master programs in Financial...

By TIM GRANT “Guns don’t kill people, people kill people.” National Rifle Association Slogan “Guns don’t kill people, people kill people, and monkeys do too (if they have a gun).” Eddie Izzard Since the full magnitude of the recent financial crisis has become clear, a great deal...

The author of this article works as a prop trader for a securities firm in an emerging market. With a Bachelor in Engineering, he started out as a financial engineer whose job was to develop VBA applications to back test trading strategies for a senior trader. Three months into the job, the...

Jay Dweck, global head of strategies and technology at Morgan Stanley, left the investment bank on Wednesday, following a three and half years stint at the firm. After an anonymous member tipped us off yesterday, we contacted our sources who confirmed Mr. Dweck's departure on the condition of...

By STEVE SHREVE In his article The flawed math of financial models, Financial Times, November 29, Pablo Triana seeks to fix a large portion of blame for the world-wide financial crisis on "quants'' in the finance industry and the programs that educate them. Mr. Pablo recommends radical reform...

In the last ten years, the number of graduate programs in quant finance has exploded, as has the number of MFE grads with an eye on top jobs at big-name firms. A decade ago there were seven graduate level quant programs in the United States; today there are close to a hundred – each cranking out...

By YAN LIU BALCZEWSKI My parents and teachers recognized my aptitude for mathematics as a youngster and so steered me towards an engineering program at one of China’s leading universities. I did my graduate studies in engineering at Louisiana State University, earning my Ph.D. in 1997. I was...

This is series of submissions by students in the Baruch MFE program who share their days. Each day is written by a different student. 2:00 pm - Wake up, bright eyed and busy tailed. Check emails and text messages from my iphone in bed. Check for new course materials/discussions on Quantnet...

In this article, one of Quantnet members describes a typical day in his former life as an Interest Rates Developer at a Major Investment Bank (MIB), FO and MO spreadsheets support. He is now employed at another MIB. 4:50 AM - I do not want to wake up, can someone please break this evil clock...