Can an engineer become quantitative Analyst?

Yes. Anyone can become a Data Analyst or a Data Scientist and pursue a career in the same. It is not defined anywhere that only a person from a technical background is capable of pursuing a career in the same.

Can quants work remotely?

Potential to work remotely. Like many jobs amid the COVID-19 pandemic, some Quant roles have gone fully remote. Now, Quants get to choose! Either go into an office or work from the comfort of your own home.

Is it possible to transition from engineering to quantitative finance?

Coming up with a novel solution to such competitions can put you well ahead of the pack in terms of employability. Transitioning from traditional engineering roles into quantitative finance is certainly possible, even in mid-career. To be able to make the jump it is necessary to carry out significant preparation.

How should I prepare for a quantitative finance interview?

Modern quantitative finance interviews—researcher or developer—require significant preparation due to the level of technicality, as well as domain expertise involved. It should be emphasised that it is no longer possible to ‘walk into’ a quant role from academia or engineering. Preparation for interviews is key.

What skills do you need to work in quant finance?

The most important required skills include object-oriented programming, an extensive familiarity of data structures and algorithms as well as software engineering skills. C++, Java and Python are good examples of languages used heavily within quant finance.

What is financial engineering?

Financial engineering is the application of arithmetic techniques for the resolution of finance problem statements. Financial engineering draws on the conceptual interplay of applied mathematics, computer science, statistics, and economic theory.