Scribd
Upload
1K views3 pages

Quant Roadmap

The document outlines a comprehensive roadmap for aspiring quantitative traders, researchers, and developers, detailing the general skills required such as programming, mathematics, and statistics. It specifies role-specific skills, tools, and a career progression plan spanning education, specialization, and professional growth. Additionally, it provides resources including books, online courses, and communities for further learning and networking.

Uploaded by

harisamser27
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
1K views3 pages

Quant Roadmap

The document outlines a comprehensive roadmap for aspiring quantitative traders, researchers, and developers, detailing the general skills required such as programming, mathematics, and statistics. It specifies role-specific skills, tools, and a career progression plan spanning education, specialization, and professional growth. Additionally, it provides resources including books, online courses, and communities for further learning and networking.

Uploaded by

harisamser27
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Roadmap for Quantitative Trader, Researcher, and Developer

General Skills Required for All Roles

1. Programming: Python, C++, R, and MATLAB.

2. Mathematics: Linear algebra, probability, calculus, and optimization.

3. Statistics: Hypothesis testing, regression analysis, and time-series analysis.

4. Data Handling: SQL, Pandas, NumPy, and big data tools.

5. Domain Knowledge: Financial markets, instruments, and trading mechanisms.

6. Algorithms: Dynamic programming, graph algorithms, and optimization.

7. Soft Skills: Communication, collaboration, and problem-solving.

Role-Specific Focus

1. Quantitative Trader

- Skills:

Market Microstructure, Algorithmic Trading, Backtesting Frameworks, Risk Management,

High-Frequency Trading (HFT).

- Tools: Python, R, C++, Interactive Brokers, QuantConnect.

- Roadmap:

Master trading basics, learn Python, backtesting libraries, study strategies, and gain exposure to

market data.

2. Quantitative Researcher

- Skills:

Data Analysis, Model Development, Deep Learning, Portfolio Theory, Mathematical Finance.

- Tools: Python, MATLAB, R, TensorFlow, PyTorch.

- Roadmap:
Build mathematical finance knowledge, learn advanced ML techniques, work on projects, and

publish research papers.

3. Quantitative Developer

- Skills:

Software Development, Low-Latency Systems, APIs, DevOps, Systems Design.

- Tools: C++, Python, Java, FIX protocol, ZeroMQ, SQL.

- Roadmap:

Learn system programming, build trading engines, optimize performance, and intern at financial

institutions.

Career Roadmap

Year 1-2: Education and Basics

- Study relevant degrees in CS, Mathematics, Finance, or Statistics.

- Build foundational programming skills (Python, R, C++).

- Take courses on finance, ML, and trading basics.

- Work on small projects and learn trading tools.

Year 3-4: Specialization

- Choose focus: Trader, Researcher, or Developer.

- Contribute to open-source projects and GitHub.

- Build advanced projects like backtesting engines or HFT systems.

- Network and secure internships.

Year 5 and Beyond: Professional Growth

- Gain certifications (CFA, CQF).

- Publish white papers and attend conferences.


- Transition to leadership roles or start your own firm.

Resources

Books:

- Algorithmic Trading by Ernest P. Chan.

- Options, Futures, and Other Derivatives by John C. Hull.

- Quantitative Trading by Ernie Chan.

Online Courses:

- QuantInsti's EPAT Program.

- Coursera's Financial Engineering courses.

Communities:

- QuantNet, StackExchange (Quant).

You might also like