Can electrical engineers become quants?

It is not uncommon for EE people to get into quantitative positions. Depends on mathematical and programming skills combined with other degrees or certificates to strengthen your appearance. EEs are successful in business degree directions as well.

Is Quantitative Finance hard?

Quantitative Finance is a relatively easy field. It’s an umbrella term for everything from the simplest financial logic (you lose more money than you earn hence you’ll go in debt and your stock price goes down) to die-hard insane mathematics, touching upon borderline insanity.

Can you become a quant with an engineering degree?

Quant Headhunter According to my Quant pay survey 18\% of those who do quant work did engineering as their first degree.

How smart do you need to be a quant?

Programming skills: Quant traders must be familiar with data mining, research, analysis, and automated trading systems. They are often involved in high-frequency trading or algorithmic trading. A good understanding of at least one programming language is a must, and the more programs the candidate knows, the better.

Are quantitative finance jobs worth it?

Quantitative finance jobs are rewarding financially as well as intellectually. Salaries tend to be quite high, with most available roles concentrated in major financial centers like Paris, London New York and Hong Kong.

Is it possible to transition from engineering to quantitative finance?

Coming up with a novel solution to such competitions can put you well ahead of the pack in terms of employability. Transitioning from traditional engineering roles into quantitative finance is certainly possible, even in mid-career. To be able to make the jump it is necessary to carry out significant preparation.

What skills do you need to work in quant finance?

The most important required skills include object-oriented programming, an extensive familiarity of data structures and algorithms as well as software engineering skills. C++, Java and Python are good examples of languages used heavily within quant finance.

What programming language do you need to learn to work in quantitative finance?

Most firms will use C++, but job requirements vary depending on the employer. Other programming languages you might be asked to learn to work in quantitative finance include Java, Python, SQL and .NET. You should also know your way around statistical analysis software like Matlab or SAS and have high-level proficiency in Excel.