Hello all, I am currently a junior mathematics and finance double major interested in quantitative finance, however I am not sure as to the specific type of career I want. I am very attracted to mathematics and for that reason would love a career in a quantitative field working on topics dealing with advanced mathematics. I no doubt want to go into finance but given there are so many types of quant careers, I am confused as to what a quant does. I have done some research but descriptions seem vague. Most careers I come across are: Quantitative trader and Quantitative analyst, Financial Engineering. Some of my questions are:
1.) What does it mean to be a 'quant trader'. I never knew advanced math was necessary, isn't trading just reading charts? What sort of advanced math would a trader employ?
2.) What is financial engineering really? What does it mean to be a financial engineer? What are some mathematical problems faced by these professionals?
3.) Hedge Funds really interest me the most, what sort of careers are available at hedge funds and what type of advanced math do these professionals employ on a day to day basis?
1.) What does it mean to be a 'quant trader'. I never knew advanced math was necessary, isn't trading just reading charts? What sort of advanced math would a trader employ?
2.) What is financial engineering really? What does it mean to be a financial engineer? What are some mathematical problems faced by these professionals?
3.) Hedge Funds really interest me the most, what sort of careers are available at hedge funds and what type of advanced math do these professionals employ on a day to day basis?
