Sample interview questions: How would you define quantitative finance?
Sample answer:
- Quantitative finance is the application of mathematical and statistical methods to financial problems.
- It involves the development and use of models to price and risk-manage financial instruments.
- Quantitative finance is used in a wide range of financial institutions, including investment banks, hedge funds, and asset management companies.
- Quantitative analysts, or “quants,” are responsible for developing and implementing these models.
- To be successful as a quant, one needs a strong background in mathematics, statistics, and computer science.
- Quants also need t… Read full answer
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