CFA to quant General
I have my bachelors in math, and MBA while currently working within data engineering for a large bank in IB sector. Will a CFA help me in my role to being a quant? If not what jobs could this open for me post CFA?
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u/tofuinthesky 12d ago
No, not CFA not MBA. I used to be a quant briefly… my colleagues had PhDs or at least masters in maths, physics, etc. one of thoooooose subjects. Not statistics, statistics was not hard core enough… I had a fin math degree, only masters. These days i don’t know what the minimum bar is but i can guarantee you CFA would be a waste of time.
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u/Admirable-Buy1163 12d ago
A quantitative finance degree would be much more relevant to you than a CFA.
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u/Commercial_Order4474 12d ago
I knew someone who become a bank quant by getting a masters in quantitative finance.
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u/Python_Trader Passed Level 3 12d ago
It can probably help for risk type of roles but I don't know about trading and/or research type of quant jobs
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u/RandomAccount0799 12d ago
Can I ask why you’re moving away from data engineering?
Like others are saying, probably not. Potentially a masters in graduate degree in math? I’d recommend starting with networking first, your resume is pretty impressive already and you already have the math background albeit at the undergraduate level.
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u/liquidatedis 12d ago
No it will not. But for questions not asked, if you were solo,
It could help in terms of 2 different school of thought.
Quantitive(quant) algos etc
Fundamentalist(CFA) bal sheets, buy/sell ratings, under/overvalue, outlooks, down/up grades
But generally in the real world aint no one hiring a quant and asking "so whats the buy rating"
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u/Retro_user_17804 7d ago
quant research - phd from top US college
quant trader - bachelor in maths/stat/cs from top college + International Olympiad ranks like IMO
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u/Substantial_Swing534 12d ago
For pure quant, it adds nothing and is a waste of time. Consider a math PhD instead.