CAN YOU STILL BECOME A QUANT IN YOUR THIRTIES?

quantstart:

Absolutely. In fact, a good fraction of quantitative analysts, traders and developers make the change to finance only in their late twenties or early-to-mid thirties. In this article I'm going to talk about how you can achieve the same thing.

Age really isn't a barrier in financial markets. What matters the most is competence, drive and initiative. It is a very meritocratic industry (for better or worse!) in that good performers of all ages are well-rewarded. It is quite common to enter the industry after a stint elsewhere in some other technical field, particularly within the asset management (hedge fund) sector, so don't be put off applying, even if you think you're too senior for the roles.

If you're considering a switch to quantitative finance then the first task you must carry out is to make a frank assessment of your background, experience and skill set. Most forms of quantitative finance are highly mathematical and require solid undergraduate experience in linear algebra, calculus (real analysis in the UK!), probability and statistics. If you have gained, or built upon, these skills in subsequent qualifications such as a MSc (science masters program) or quantitative PhD then so much the better. Prospective employers will also prefer you to have made use of such skills in previous roles.

Posted by Jim Zellmer at June 8, 2013 12:16 AM
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