Quant-Developers-Resources

Quant Roles

Quant Analyst Quant Researcher Quant Trader Quant Developer Algorithmic Trader Quant Strategist Quant Risk Analyst Quant Modeler Fixed Income Desk Quant Quant Finance Analyst Quantitative Engineering Quant Consultant Interest Rate Derivative Quant Treasury Quantitative Analyst Risk Analyst Market Risk Quant Risk Manager Financial Engineer Credit Risk Analyst Market Risk Analyst Model Risk Analyst Model Validation Analyst

🔥Hiring Process

• 1. Mental Math/Speed Math/Logic/Numerical Tests
• 2. BrainTeasers and Puzzles
• 3. Probability and Statistics
• 4. Market Making/Betting & Trading Games
• 5. Pattern Finding and Logic
• 6. Technical Rounds
• 7. Behavioral/Role Fit Rounds

🚀 Most Important Topics for Quant Interviews

1. Probability and Statistics
2. Derivatives
3. Option Pricing Models
4. Greeks (Delta, Gamma, Rho, Theta, Vega)
5. Fixed Income Product
6. Stochastic Calculus
7. Machine Learning and Data Science
8. Econometrics
9. Risk-Neutral Valuation
10. Interest Rate Models
11. Volatility
12. Numerical Methods
13. Arbitrage Pricing Theory and No-Arbitrage Principle
14. Credit Derivatives
15. Regulatory Framework
16. Portfolio Management and Hedging Strategies
17. Exotic Options
18. Market Microstructure
19. Real-World Applications and Recent Trends
20. Portfolio Theory and Optimization
21. Algo Trading

🧰 Mathematics & Other Topics

• Linear Algebra

• Calculus

• Permutations & Combinations

• Probability Theory

• Statistics

• Optimization

• Differential Equations

• Ordinary Differential Equations (ODEs)

• Partial Differential Equations (PDEs)

• Taylor Series Approximation

• Applied Stochastic Calculus

• Ito's Lemma

• Martingales

• Brownian Motion

• Stochastic Differential Equations

• Stochastic Integrals

• Laws of Motion for Asset Pricing

• Limit Theorems

  • Law of Large Numbers
  • Central Limit Theorem
  • Weak Law of Large Numbers

• Time Value of Money

• Asset Classes

  • Fixed Income
  • Equity
  • Derivatives
  • Commodity

• Options Pricing Models

  • Black-Scholes-Merten Model for European Options
  • GreeksA(Alpha, Gramma, Theta, Delta, Vega, Rho)
  • Exotic Options and Pricing Methods

• Portfolio Optimization

• Arbitrage Theory

• Risk Management

  • Value at Risk (VaR)
  • Conditional Value at Risk(CVaR)
  • Expected shortfall
  • Risk Measures
  • Portfolio Risk Assessment

• Financial Theories and Models

• Randomized Algorithms

• Volatility Modeling

• Mathematical Puzzles

• Logical Reasoning

🧰 Programming Languages

• Statistical Languages
• Programming Languages
  • Python
  • C++
  • R
  • MATLAB
  • SAS
• Best Practices in Programming

🧰 Data Stack

• Data Science and Machine Learning
  • Regression Analysis Ordinary Least Squares (OLS)
  • Logistic Regression
  • Generalized Linear Models
  • Time Series Analysis
    • Basics of Time Series and Stochastics Processes
    • AR & MA models
    • Stationarity & Ergodicity
    • Autocorrelation & Partial Autocorrelation functions
    • GARCH, ARCH & EWMA models for Volatility forecasting
  • Monte Carlo Methods
    • Monte Carlo Simulation for pricing and risk assessment
    • Variance Reduction techniques(eg., control variates, antithetic variates)
  • Markov Chains
    • Transition Matrices and Markov Property
    • State Space, absorbing states and recurrent states
    • Steady-State and long-term behavior of Markov Chains
  • Nonparametric Methods
  • Data Cleaning and Processing
  • Data Exploration
  • Exploratory Data Analysis(EDA)
  • Supervised Learning and Unsupervised Learning
  • Advanced Machine Learning Techniques
  • Neural Networks
  • Gradient Boosting

🤟Best Lectures on Stochastic Calculus 🎯🎯

1. MIT Financial Mathematics --> Link
2. IIT Kanpur --> Link
3. School of Economics (Stochastic Calculus) --> Link
4. MIT (Discrete Stochastic Process) --> Link
5. Probability Systems Analysis and Applied Probability --> Link

👍 Websites

• https://www.cut-the-knot.org
• https://brainstellar.com
• https://qfeuniversity.com/topics/
• https://github.com/cbailes/awesome-deep-trading
• https://fxmacrodata.com - API and MCP server for macroeconomic and FX data (policy rates, inflation, GDP, labor, release calendar, COT, commodities, forex).

📚 Top Books for Acing a Quantitative Analyst Interview

• Heard on The Street: Quantitative Questions from Wall Street Job Interviews
• Frequently Asked Questions in Quantitative Finance
• Quant Job Interview Questions And Answers
• A Practical Guide To Quantitative Finance Interviews
• Starting Your Career as a Wall Street Quant: A Practical, No-BS Guide to Getting a Job in Quantitative Finance
• Mathematical Statistics and Data Analysis - Mathematical Statistics
• Financial Risk Management and Financial Institutions - Financial Risk Management
• Options, Futures and Other Derivatives - Options & Derivatives
• Bond Markets, Analysis and Strategies - Fixed Income Products
• Monte Carlo Methods in Financial Engineering - Monte Carlo Methods
• Stochastic Calculus for Finance II - Stochastic Calculus for Finance

📚Books for Technical Rounds

• Heard on the Street by Timothy Falcon Crack
• Fifty Challenging Problems in Probability With Solutions by Frederick Mosteller
• Entertaining Mathematical Puzzles by Martin Gardner
• Mathematical Puzzles: A Connoisseur’s Collection by Peter Winkler
• A Practical Guide To Quantitative Finance Interviews by Xinfeng Zhou

📖Most Important Books for Quant Developers and Software Engineers

📚Books for Quant Traders

1. Option Volatility and Pricing by Sheldon Natenberg
2. Dynamic Hedging
3. Frequently Asked Questions in Quantitative Finance, Second Edition by Paul Wilmott
4. Python for Data Analysis
5. Python for Finance by Yves Hilpisch
6. Introduction to Linear Algebra by Gilbert Strang
7. Advances in Portfolio Management by Grinold and Kahn
8. Technical Analysis is Mostly Bullshit
9. Harris - Trading and Exchanges
10. Sinclair - Volatility Trading
11. Hull - Options, Futures, and Other Derivatives

🔥These 10 Youtube playlists will teach you more than a $200,000 Masters Degree

📚Books for FPGA(Field Programmable Gate Array)

🎆 Companies that Hire Quant Developers and Software Engineers in India along with CTC and Location

List of Firms that Hires Undergraduates for Quant Trading and Quant Research Roles

🔥List of 20 Fellowships, Graduate programs, and insight weeks, that can help you crack Jobs at Top Hedge Funds, HFT, and Prop Shops

The best time to crack top Quant Jobs is during your undergraduate years, or when pursuing MFE or a master's in a related subject.

🔥 If you are applying for Quant and Risk positions, do check out this list.

There are various positions that you can continuously monitor. Common positions are quant analyst, risk analyst, model validation, quant developer, quant researcher, statistician etc., 😁😁

1. JPMorgan Chase & Co.
2. Bank of America Corp.
3. Wells Fargo & Co.
4. Citigroup Inc.
5. Goldman Sachs Group Inc.
6. Morgan Stanley
7. U.S. Bancorp
8. Truist Financial Corporation
9. PNC Financial Services Group Inc.
10. TD Bank, N.A.
11. Charles Schwab Corporation
12. Bank of New York Mellon Corporation
13. Capital One Financial Corporation
14. State Street Corporation
15. HSBC North America Holdings Inc.
16. American Express Company
17. Ally Financial Inc.
18. Citizens Financial Group, Inc.
19. BMO Financial Corp.
20. Fifth Third Bancorp
21. Northern Trust Corporation
22. KeyCorp
23. Regions Financial Corporation
24. Huntington Bancshares Incorporated
25. M&T Bank Corporation
26. Discover Financial Services
27. Synchrony Financial
28. BBVA USA
29. MUFG Americas Holdings Corporation
30. Santander Holdings USA, Inc.
31. Comerica Incorporated
32. E*TRADE Financial Corporation
33. Barclays US LLC
34. CIBC Bank USA
35. BNP Paribas USA, Inc.
36. Credit Suisse Holdings (USA), Inc.
37. Deutsche Bank Trust Corporation
38. UBS Americas Holding LLC
39. RBC US Group Holdings, LLC
40. Citizens Bank, N.A.
41. BOK Financial Corporation
42. Popular, Inc.
43. Valley National Bancorp
44. Zions Bancorporation, N.A.
45. First Horizon National Corporation
46. Synovus Financial Corp.
47. TIAA, FSB
48. John Deere Capital Corporation
49. Associated Banc-Corp
50. Western Alliance Bancorporation
51. Wintrust Financial Corporation
52. Pinnacle Financial Partners Inc.
53. UMB Financial Corporation
54. Raymond James Financial, Inc.
55. Sterling Bancorp
56. First Citizens BancShares, Inc.
57. BankUnited, Inc.
58. Prosperity Bancshares, Inc.
59. Texas Capital Bancshares, Inc.
60. PacWest Bancorp
61. New York Community Bancorp, Inc.
62. Commerce Bancshares, Inc.
63. Frost Bank
64. Stifel Financial Corp.
65. Old National Bancorp
66. First National of Nebraska, Inc.
67. F.N.B. Corporation
68. First Republic Bank
69. Signature Bank
70. American National Insurance Company
71. Silicon Valley Bank
72. First Hawaiian Bank
73. Webster Financial Corporation
74. East West Bancorp, Inc.
75. Cullen/Frost Bankers, Inc.

This list includes a mix of commercial banks, investment banks, and financial services companies with significant banking operations.

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