MIG Docs
  • Welcome to the Michigan Investment Group Docs
  • Environment Setup
    • Installing Git
    • Anaconda Installation
    • Creating Anaconda Environments
    • Getting Started with the MIG GitLab
  • What is Quant?
    • Why Quant?
    • Quant Roles
    • Quant Industry
      • Getting a Quant Internship/Job
  • Almost Everything Git
    • Setting up Git (EECS 280)
    • Learning Git from Head to Toe
  • MIG Platform
    • What is the MIG Platform
    • Installing Node.js & NPM
    • Node.js Download & Installation
  • Quick Links & Resources
    • MIG GitLab
    • Blankly Docs
    • Anaconda Download
    • Git Download
  • F21 Education Session Calendar
  • Sentiment Analysis
    • What is Sentiment Analysis?
    • Current State of Team
    • Getting Started with the Repo
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  1. What is Quant?

Why Quant?

Quant roles are some of the most pursued across the university job market. Why do so many students (and possibly you) want to work in quant?

  1. Exciting work

    Out of college, you will be directly applying the knowledge you have recieved from coursework to real problems - very real problems. Quant firms trade on the order of hundreds of million dollars a day, across multiple asset classes, exchanges and timezones. The stakes are raised when your Autograder becomes the firm's PnL.

  2. People

    Firms hire the only the best out of the graduating class every year, so your colleagues will be some of the brightest people you will meet in your life. In a typical intern class, expect to find multiple International Olympiad finalists, top Putnam scorers, leaders of students orgs at colleges across the country, and students with extensive research abroad. These are great resources to learn from and work with.

  3. Pay

    Any quant role will compensate you enough so that your efforts will be worth it. Take a look at levels.fyi and type in some firm names (Citadel, Jane Street, etc.) if you want more specific info.

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Last updated 3 years ago

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