Quant grad conveyor belt stalls as banks retrench
Jobs market is long quant graduates, short vacancies – but hiring freeze shows signs of thawing
In many ways, Wencai Zheng took a textbook path through financial academia. He won a place on a quantitative finance programme at New York University’s prestigious Tandon School of Engineering. He earned his master’s degree in the summer of 2020, spent some time working as a graduate assistant, and then took a job as a quantitative analyst at model risk boutique Omni. Now, he has landed his first
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