ON BECOMING A QUANT

MARK JOSHI

1. What does a quant do?

A quant designs and implements mathematical models for the pricing

of derivatives, assessment of risk, or predicting market movements.

2. What sorts of quant are there?

(1) Front office/desk quant

(2) Model validating quant

(3) Research quant

(4) Quant developer

(5) Statistical arbitrage