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jomni
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 12:30 am

QuoteOriginally posted by: C3I2I might ad that I have friends that were forced to take mandatory Java-classes in uni where the engineering students some years earlier had C++. The theory there were Java=future C++=past "Sometimes a man can still meet his destiny on the road he took to avoid it. " :-)Hehe. VBA = "stone age" and it's still commonly used and popular in the financial business. As long as the legacy programs are written using a specific code and not translated into newer one like Java, all jobs opportunities will revolve around that language. That explains the longevity of VBA and C/C++. It's chicken and egg and no one wants to reinvent the wheel. But that does not mean that VBA and C++ are here to stay. We might see a new dominant language in the future but it will sure take time. I think universities want to hasten the progess by educating students using newer languages... with the hope that when they graduates go into the business world, they can adopt the new language. But it's usually the reverse case, they cannot apply it because they have to deal with the old "dinosaurs" first. How will you be able to convert the legacy C++ code to Java if you only know Java???
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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:01 am

QuoteOriginally posted by: DominicConnorBy "C++" I assume you mean any non-Matlab programming ?ie C#, Java, VBA etc ?If you find C++ hard, have you looked at VBA ?VBA is the 2nd most common quant programming language (though few people boast of this), and frankly if you can't master VBA then this line of work is not for you.To do a PhD you must be at least mildly bright, and it may be that you're not used to being crap at things you want to succeed at.You might want to give C++ another go with a different teacher and a different book or two.Hi Dominic,Are there any roles that use a good mix of finance( CFA/ FRM ) and quants ( Mathematical Finance and VBA ).The danger with coding in C++ is that one may not get the opportunity to learn/use finance and one might spend the majority of time programming.
 
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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:02 am

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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:03 am

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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:04 am

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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:05 am

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jomni
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:06 am

A job for a CFA/FRM, Finance, VBA profile (without C++ coding)?There are lots of jobs for it. You can look at risk analysts, risk managers, product controllers, etc. You can also look at smaller banks. Big probability that they are not doing their own C++ codes and use Excel / VBA or outsourced models instead. But of course the are technically not front office quant/quant developer positions.
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prasenjit0211
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What quant positions are suitable for one who doesn't like programming in C++?

April 7th, 2009, 7:09 am

QuoteOriginally posted by: jomniA job for a CFA/FRM, Finance, VBA profile (without C++ coding)?There are lots of jobs for it. You can look at risk analysts, risk managers, product controllers, etc. You can also look at smaller banks. Big probability that they are not doing their own C++ codes and use Excel / VBA or outsourced models instead.Have the roles you mentioned have good learning opportunity and decent pay. Thanks Jomni
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