Question

How can a mechanical engineer become a quantitative analyst? What steps should a second year student on a four year course take to land a quantitative analyst role?

Answer 1

To reduce risk and avoid future crashes, many firms are hiring trained quantitative analysts to help them resolve financial and risk management problems.They apply mathematical and statistical knowledge to real-life cases and devise models to help firms make better-informed financial and business decisions when it comes to pricing, investment and so on.

Your best bet would be to pursue a specialized master’s in quantitative finance and build experience in trading or business. After this, you can break off into pure quantitative analysis, where your first-hand experience of business and expertise in the quantitative analysis will be highly valued.