Tag Archives: pay survey

Quant/Risk/Trading/Algo/Modeling pay survey, Yann Ticot in London, Matlab Computational Finance, Daniel Duffy in London, GPUs, Attilio Meucci and Paul Wilmott

  • Quant/Risk/Trading/Algo/Modeling pay survey, Yann Ticot in London, Matlab Computational Finance, Daniel Duffy in London, GPUs, Attilio Meucci and Paul Wilmott in New York and Mathematica over Europe.

It’s ironic that currently those who do numbers for banks have such poor quality numbers to work out whether they are getting the market rate..
Since the Quant group now has a high % of people in these areas we are doing an anonymous pay survey receiving 3,500 responses so far, which already makes it the most thorough research ever done in the Quant field, as well as providing averaging anonnymity to contributors.

http://svy.mk/letqkA

It’s completely confidential because we use a 3rd party SurveyMonkey to collect results. We don’t ask your name, and if it turns out that a given segment has too few people in it to mask the identities of those who respond we won’t publish that result.

Why should *you* bother filling this in ?
It is only 3-4 minutes, mostly just clicking boxes with easy questions in them.
We’ve had people test it just to make sure it doesn’t suck up your life with vast arrays of imponderable nonsense.
This is a field with lots of specialisations, and one factor can make a significant difference in your pay, which means if you don’t respond, the numbers for people just like you won’t be quite as good, and I hope I don’t have to make the case for having good numbers for important decisions.

I have started to publish preliminary results on Wilmott.com, and with your help we can make them better.
http://svy.mk/letqkA

Dates for Your Diary
Financial engineering workshops @ Cass

Thursday 9 June Yann Ticot (BAML) “Pricing Inflation Vanillas and Exotics”.

If you want to come, RSVP to stewart.hodges.1@city.ac.uk

MATLAB Computational Finance Virtual Conference – June 9th, 2011

Presentations from Deutsche (on HFT), Dexia (on Basel II, Credit Risk & back-testing), Banc Sabadell (on enterprise deployment of pricing & trading analytics), IMF (on economic forecasting), Bank of Canada (on Systemic Risk), Attilio Meucci (on PRAYER framework), Model IT (on Solvency II and insurance risk) and CamraData (on the threat of the Pythagorean cult)

http://matlab.my/mrBAbH

Computational Finance with Mathematica -New technologies for accelerating quantitative analytics,
bit.ly/k1imgk
Monday 6th June London
Tuesday 7th June Paris
Wednesday 14 June Zurich
Wednesday 15 June Frankfurt
Speakers
Efficient Valuation of Complex Derivatives on the GPU
Dr. Andreas Binder, MathConsult GmbH
In the pricing and risk analysis of structured financial instruments, numerical methods for valuation, as well as calibration of the model parameters, have to be implemented very carefully. The calibration often leads to optimization problems for which local algorithms do not converge. We present an efficient hybrid global/local algorithm and compare them to global optimization.
I will be at the Monday event, if anyone wants to go for a drink afterwards.

Daniel Duffy author of several major books on financial programming, is running the following workshops:

One-day Master Class: The Alternating Direction Explicit (ADE) Finite Difference Method. Fast, Unconditionally Stable, High-Order Schemes for Derivatives Pricing and Hedging (8 July, London)
http://bit.ly/fFikUq

Creating Trading and Quant Applications in C# and Excel (September 20, 21, 22 London)
http://bit.ly/dHnXPz

CQF Information Session
Thursday 2nd June New York 6.30pm Marriott Courtyard Midtown East Manhattan
http://bit.ly/iLmYh7

Your last chance to meet Paul Wilmott and learn about the content of the Certificate in quantitative Finance

Advanced Risk and Portfolio Management Bootcamp
by Attilio Meucci
August 15-20, 2011, Baruch College, New York City
http://bit.ly/jDv3nq

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Pay Survey for Quants, Strats, Traders, Structurers, Economists, Risk, Algos, Hedgies, Fund Managers, and all who use maths in finance

Pay Survey for Quants, Strats, Traders, Structurers, Economists, Risk, Algos, Hedgies, Fund Managers, and all who use maths in finance.

It’s ironic that currently those who do numbers for banks have such poor quality numbers to work out whether they are getting the market rate..
Since the Quant group now has a high % of people in these areas we are doing an anonymous pay survey.

http://svy.mk/letqkA

It’s completely confidential because we use a 3rd party SurveyMonkey to collect results. We don’t ask your name, and if it turns out that a given segment has too few people in it to mask the identities of those who respond we won’t publish that result.
That’s not really likely, now that the first week has given us 2,2000 responses.

Why should *you* bother filling this in ?
It is only 3-4 minutes, mostly just clicking boxes with easy questions in them.
We’ve had people test it just to make sure it doesn’t suck up your life with vast arrays of imponderable nonsense.
This is a field with lots of specialisations, and one factor can make a significant difference in your pay, which means if you don’t respond, the numbers for people just like you won’t be quite as good, and I hope I don’t have to make the case for having good numbers for important decisions.
We will of course be publishing interesting results from this survey on Wilmott.com

http://svy.mk/letqkA

Dates for Your Diary
Thursday 26 May 6:00
Financial engineering workshops @ Cass
Piotr Karasinski

“What Drives Interest Rates Volatility?”
Piotr is the co-author with Fischer Black of the Black–Karasinski model of interest rates (but you knew that anyway, didn’t you ?) and now advises the EBRD

Thursday 9 June Yann Ticot (BAML) “Pricing Inflation Vanillas and Exotics”.
If you want to come, RSVP to stewart.hodges.1@city.ac.uk

MATLAB Computational Finance Virtual Conference – June 9th, 2011

Presentations from Deutsche (on HFT), Dexia (on Basel II, Credit Risk & back-testing), Banc Sabadell (on enterprise deployment of pricing & trading analytics), IMF (on economic forecasting), Bank of Canada (on Systemic Risk), Attilio Meucci (on PRAYER framework), Model IT (on Solvency II and insurance risk) and CamraData (on the threat of the Pythagorean cult)

http://matlab.my/mrBAbH

Computational Finance with Mathematica -New technologies for accelerating quantitative analytics,
bit.ly/k1imgk
Monday 6th June London
Tuesday 7th June Paris
Wednesday 14 June Zurich
Wednesday 15 June Frankfurt
Speakers
Efficient Valuation of Complex Derivatives on the GPU
Dr. Andreas Binder, MathConsult GmbH
In the pricing and risk analysis of structured financial instruments, numerical methods for valuation, as well as calibration of the model parameters, have to be implemented very carefully. The calibration often leads to optimization problems for which local algorithms do not converge. We present an efficient hybrid global/local algorithm and compare them to global optimization.

Daniel Duffy author of several major books on financial programming, is running the following workshops:

One-day Master Class: The Alternating Direction Explicit (ADE) Finite Difference Method. Fast, Unconditionally Stable, High-Order Schemes for Derivatives Pricing and Hedging (8 July, London)
http://bit.ly/fFikUq

Creating Trading and Quant Applications in C# and Excel (September 20, 21, 22 London)
http://bit.ly/dHnXPz

Thalesian Seminar (NYC) Rakesh Joshi:FPGAs in HFT
6:30, Wednesday May 25
3rd Floor Playwright Tavern
202 W 49th St, NYC
http://bit.ly/iwzPqy

CQF Information Session
Thursday 2nd June New York 6.30pm Marriott Courtyard Midtown East Manhattan
http://bit.ly/iLmYh7
Your last chance to meet Paul Wilmott and learn about the content of the Certificate in quantitative Finance

Advanced Risk and Portfolio Management Bootcamp
by Attilio Meucci
August 15-20, 2011, Baruch College, New York City
http://bit.ly/jDv3nq

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Pay Survey, Matlab in Computational Finance, Mathematica In London,Paris, Frankfurt & Zuerich, Daniel Duffy in London, and Attilio Meucci in NY and The Thalesians are doing FPGAs in NY

Do you use (or misuse) maths in your finance job ?
We’re surveying pay levels for quants, algo traders, asset managers, risk people, strats, structurers etc. because it’s ironic that those who do numbers for banks have such poor quality numbers to work out how they are paid relative to others.

http://svy.mk/letqkA

It is completely confidential because we use a 3rd party SurveyMonkey to collect results. It’s 3-5 minutes, yes really, we’ve tested it.

The reason *you* need to fill this form is that this is a field with lots of specialisations, and one factor can make a significant difference in your pay, so contributing your numbers means you get better information.

We will of course be publishing interesting results on Wilmott.com

Dates for Your Diary
MATLAB Computational Finance Virtual Conference – June 9th, 2011

Presentations from Deutsche (on HFT), Dexia (on Basel II, Credit Risk & back-testing), Banc Sabadell (on enterprise deployment of pricing & trading analytics), IMF (on economic forecasting), Bank of Canada (on Systemic Risk), Attilio Meucci (on PRAYER framework), Model IT (on Solvency II and insurance risk) and CamraData (on the threat of the Pythagorean cult)

http://matlab.my/mrBAbH

Computational Finance with Mathematica -New technologies for accelerating quantitative analytics,
bit.ly/k1imgk
Monday 6th June London
Tuesday 7th June Paris
Wednesday 14 June Zurich
Wednesday 15 June Frankfurt
Speakers
Efficient Valuation of Complex Derivatives on the GPU
Dr. Andreas Binder, MathConsult GmbH
In the pricing and risk analysis of structured financial instruments, numerical methods for valuation, as well as calibration of the model parameters, have to be implemented very carefully. The calibration often leads to optimization problems for which local algorithms do not converge. We present an efficient hybrid global/local algorithm and compare them to global optimization.

Daniel Duffy author of several major books on financial programming, is running the following workshops:

One-day Master Class: The Alternating Direction Explicit (ADE) Finite Difference Method. Fast, Unconditionally Stable, High-Order Schemes for Derivatives Pricing and Hedging (8 July, London)
http://bit.ly/fFikUq

Creating Trading and Quant Applications in C# and Excel (September 20, 21, 22 London)
http://bit.ly/dHnXPz

Thalesian Seminar (NYC) Rakesh Joshi:FPGAs in HFT
6:30, Wednesday May 25
3rd Floor Playwright Tavern
202 W 49th St, NYC
http://bit.ly/iwzPqy

Advanced Risk and Portfolio Management Bootcamp
by Attilio Meucci
August 15-20, 2011, Baruch College, New York City
http://bit.ly/jDv3nq

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

I’m going to do an Quant pay survey, and would appreciate your input on how it should look

I’m going to do an Quant pay survey, and would appreciate your input on how it should look.

This link is to a pre-release version of the questions I think should be on it.
I want to be able to draw useful conclusions, but not suck up too much of people’s time.
I will of course publish the results for all to see.

Please give me your feedback, feel free to click at it, but be aware it’s not the live version

Education should allow you to select multiple options, not just one

Yes, you are right, I’ve made that change, thanks.

You don’t ask what subjects people have studied ?

How can it be useful when what you nee to know is the result of a complex query like “if you did a PhD and work in Credit drvis, for three years what do you get ?”

I could ask what subjects you studied in one of two ways:
a) list all the combinations, and that is a large number
b) have a question on the subject you studied last, which do you think is better ?

hanks for conducting this intelligent survey. Will the results be shared with the group?

The base pay, bonus etc require positive numbers. I was not working last year.

the insurance industry is missing (and believe it or not, has a few quants…)

Nice work, Dominic.
I was thinking of doing a salary survey as well, but focusing on MFE graduates which are the core audience of www.quantnet.com
I look forward to seeing the final form this takes and maybe learn from the inputs here as well.

yes I will share the results and do as much analysis as I can on the data.

I will add insurance, this sort of feedback is exactly why I showed the before going live.

Surely the biggest hole is that you don’t ask for the name of the employer ?

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!