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machine learning in finance?
Hi all, Id like to know whether Statistical learning techniques are actually used by the IBs and hedge funds in their work? and also do they recruit EE/CS PhDs who have done their thesis in pattern recognition/ learning? I did see a few job ads, but i also read that some of the ads are fake etc, so would like to hear from the quants themselves thankspgeek
machine learning in finance?
Yes, IBs and hedge funds use machine learning, but under different names like regression, classification, time series forecasting etc. I guess you can put them under computational statistics.
machine learning in finance?
QuoteOriginally posted by: pgeekHi all, Id like to know whether Statistical learning techniques are actually used by the IBs and hedge funds in their work? and also do they recruit EE/CS PhDs who have done their thesis in pattern recognition/ learning? I did see a few job ads, but i also read that some of the ads are fake etc, so would like to hear from the quants themselves thankspgeekvery rarely nowadays...if it was in late 80's
machine learning in finance?
Are u sure, since I saw almost all tehe MFE programs prsecribing their strudents to take machine learning and time series analysis as courses, eg umich, berkeley...