Which of these PhD is better for financial quant industry?

In summary, the conversation is about ranking PhD programs for someone interested in a career in the financial quant industry. The programs discussed are Oxford Math, LSE Stats, Columbia IEOR, and Imperial College Finance. The person asking for advice also mentions looking at websites and forums for first-hand information and reviews on each program.
  • #1
Jacob YW
1
0
Hi everyone,

Could you please tell me how would you rank these PhD for someone looking for a future career in the financial quant industry? (assuming I have math background and decent programming skills). Thank you in advanced! Between parenthesis are the specific research groups found in each of the departments.

1) Oxford Math (Comput. and Math finance)
2) LSE Stats (Risk & Stochastics)
3) Columbia IEOR (Financial Engineering)
4) Imperial College Finance (assuming it's possible to have a co-advisor and subjects from Math finance)
 
Physics news on Phys.org
  • #4
Last edited by a moderator:

1. What is the difference between a PhD in Mathematics and a PhD in Economics for the financial quant industry?

Both a PhD in Mathematics and a PhD in Economics can be valuable for the financial quant industry. However, a PhD in Mathematics tends to focus more on advanced mathematical and statistical models, while a PhD in Economics usually includes more emphasis on economic theory and analysis.

2. Can a PhD in Computer Science be useful for the financial quant industry?

Yes, a PhD in Computer Science can be very useful for the financial quant industry. Many financial institutions now rely heavily on computer algorithms and data analysis, making a strong background in computer science extremely valuable.

3. Which PhD program provides the most practical skills for the financial quant industry?

This can vary depending on the specific program and institution. However, a PhD program that offers courses or opportunities to gain hands-on experience with financial software, programming languages, and data analysis techniques would likely be the most practical for the financial quant industry.

4. Is a PhD necessary for a career in the financial quant industry?

While a PhD can provide valuable knowledge and skills for the financial quant industry, it is not always necessary. Many professionals in this field have a Master's degree or even just a Bachelor's degree in a quantitative field, along with relevant work experience.

5. Are there any specific concentrations or specializations within a PhD program that are particularly beneficial for the financial quant industry?

Yes, some PhD programs may offer concentrations or specializations in areas such as financial mathematics, quantitative finance, or financial engineering that can be highly relevant for the financial quant industry. It is important to research the specific program and its curriculum to determine which concentration would best align with your career goals.

Similar threads

Replies
115
Views
7K
  • STEM Career Guidance
Replies
15
Views
6K
  • STEM Academic Advising
Replies
5
Views
1K
  • STEM Career Guidance
3
Replies
75
Views
15K
  • STEM Career Guidance
Replies
2
Views
2K
  • STEM Academic Advising
Replies
1
Views
3K
  • STEM Academic Advising
Replies
5
Views
3K
  • STEM Academic Advising
Replies
2
Views
2K
  • STEM Academic Advising
Replies
1
Views
3K
Back
Top