Why Does a Master in Quantitative Finance Matter? – Alluring Career Path Ahead | Adamas University

Career, Quantitative Finance

Why Does a Master in Quantitative Finance Matter? – Alluring Career Path Ahead

The job of Quantitative Analyst in financial sector is now in fashion, and of course the ‘Quants’ are in high demand. Financial sector is an integral part of an economy. During the 2008 Global Economic Recession, global financial sector was hit badly, and since then financial sector regulations across the world has become more stringent. For example, risk transparency for financial assets has become such an important issue like never before that the financial sector globally has been increasingly emphasizing on increasing financial assets with lower risks.

Given the increasingly complex scenarios of financial sector, the act of security pricing has become a tricky task that demands professionals who can work well on them. These professionals, who are also fashionably known as the ‘Quants’, are expected to be equipped with the skills of building mathematical models that would ensure financial securities to be traded at optimal prices.

These professionals should also ensure that these assets generate profit and bear lower risk factor. In this age of vast amount of data floating around you, you just need to apply a clever combination of mathematics, statistics, analytics and programming to complete the task of optimal pricing for financial assets, and the branch of study that makes you efficient in doing this job is Quantitative Finance.

Given the growing complexity of financial sector and its highly volatile nature, if you become a Good Quant, you will have a lucrative career ahead.

 

What does a PG Program on Quantitative Finance exactly intend at?

To understand the changing structure of financial markets and develop appropriate skills to act as professionals in this sector one has to go through some proper training and guidance. A perfectly structured Post Graduate Program in Quantitative finance help you to become successful “Quants”.

A PG Course in Quantitate Finance make you learn the application of diverse mathematical models to wide rage of data sets on financial market instruments and how to analyse those data. For example, you will develop the skill of optimal price setting for derivative securities, such as options, futures, etc..

A Master degree in Quantitative Finance also helps to gain efficiency in risk management mainly in relation investors’ portfolio management. In short, it makes to efficient in financial decision making, developing new financial products, understating the link between the theories and quantitative applications in this field.

Are you eligible to enrol in a PG Course in Quantitative Finance?

  • Are you ambitious?
  • Do you have educational background in Economics, Finance, Science, Technology, Engineering, or Mathematics?

If your answers to both the questions above are “Yes”, they you are perfectly suited to this programme.

There is no need for prior knowledge in Finance, Economics and Commerce. But, a well-structured course makes the student ready for jobs in the departments of risk management, treasury, asset-liability management and research and analytics in domestic as well as global financial markets.

However, since this course involves mathematical modelling of financial markets, one should to at least have Mathematics background at 10+2 level.

Career Path Ahead for a Good Quant aka Quantitative Finance Professional:

A well-functioning financial system forms a strong foundation for a stable economy and a financial system becomes well-performing only when calculative moves are made at every step.  Quantitative Finance professionals are those who possess the capacity of  using raw data in intelligent decision making in businesses through the application of mathematical and statistical models and analytical tools.

You can act as a Good Quant only if you have a strong educational background in this field of study. Thus, it would not be too tough to say that these professionals possessing such technical skills automatically possess high potential of earning lucrative remunerations. According to Quantinsti.com, average base salary for a Quant earn is around 10 Lacks per annum  in India.

With a Master in Quantitative Finance, you can build your career in the financial and banking industries as professionals in the areas of financial engineering, financial research and analytics, financial and bank risk management as quantitative analysts or ‘quants’. 

The demand for good quants are coming not only from banking industry, but also from a various asset management companies, software providers, exchanges, market regulators and various other firms that are linked to financial sector.

With a dynamic domestic and international economic scenarios, political and the continuously changing the regulatory system, Quantitative Finance is here to stay and it is all set to flourish in the future.

So you see you don’t need to be strong in Economics or Finance if you wish to make your career as a quantitative analyst, but you can still gain the required expertise to become a good ‘Quant’ if you enrol yourself in a well-structured PG program on Quantitative Finance. We can help you in this regard. If you like it, then share it.

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