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Hiring the Next Generation of Quants
^As quantitative trading strategies continue to dominate the financial markets, in addition to hiring for trading positions, Wall Street firms find themselves in need of new skill sets. As a result, investment banks and hedge funds are experimenting with different tactics to secure the next generation of talent. Though all Wall Street firms recruit on the leading university campuses, the high demand for quantitative skill sets is pushing more and more firms to search for students in creative ways.
While some industry sources say quantitative skills always have been in short supply, others believe the market of available talent will rise to meet the demand. But everyone agrees that over the past five years, with the shift toward complex derivatives models, the criteria for hiring fresh talent have changed.
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[http://www.financetech.com/showArticle.jhtml?articleID=184417510|This article] at FinanceTech has been around for a while but is definitely worth a read.^{content id=220}{content id=35}
Read the whole article here ...
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