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What are the options if you are interested in model development rather than model validation?
1. FO derivatives pricing2. risk modelling 3. algorithmic trading What else?
What are the options if you are interested in model development rather than model validation?
Model validation can be a first step towards model development.
What are the options if you are interested in model development rather than model validation?
Is that a high probability transition from model validation to model development? Obviously, there are more model validators than developers...QuoteOriginally posted by: Marco72Model validation can be a first step towards model development.
What are the options if you are interested in model development rather than model validation?
QuoteOriginally posted by: londonerIs that a high probability transition from model validation to model development? Obviously, there are more model validators than developers...Model development teams often interview people working in validation, so the opportunities exist. It depends on the kind of validation one does, but mostly on the individual. Most people are happy doing their job well, but only a very small number choose to spend some of their free time to expand their knowledge, learn useful skills, do research, etc.
What are the options if you are interested in model development rather than model validation?
I have no doubt model validation could be a first step toward model development. However, my question is more concerned about the possible destinations. Depending on what models I validate, the gained experience should be helpful for model development roles at 1. and 2. Are these the only realistic model development roles?