Quant Careers
This type of trader uses mathematical models to identify arbitrage opportunities across global markets.
What is a quantitative trader?
The probability of flipping 3 heads in a row with a fair coin.
What is 1/8?
What majors and grades are welcome to join CLQ?
All majors and grades are welcome!
This neighborhood in Manhattan is home to Columbia University.
What is Morningside Heights?
This is the most common programming language for quant finance and machine learning.
What is Python?
This type of trading company provides liquidity in the market no matter the current conditions.
What is a market maker?
The standard deviation of the data set {2, 2, 2, 2}.
What is 0?
Who are our two wonderful founders of CLQ?
Who are Anna and Sophia!
Columbia was originally founded in 1754 under this name.
What is King’s College?
In The Big Short, quants and traders predict this 2008 event.
What is the global financial crisis (or housing market crash)?
This major is most common for quants entering finance.
What is financial engineering?
If you roll a fair die, what is the expected value?
What is 3.5?
What time are our general body meetings every week?
What is Wednesday 7:30-8:30PM!
This Columbia Engineering program, often abbreviated IEOR, is one of the top feeders into quant and finance careers.
What is Industrial Engineering and Operations Research?
In finance, this three-letter acronym refers to the total value of all goods and services produced in a country.
What is GDP?
This branch of machine learning, named after a nervous system organ, is increasingly applied in quant modeling.
What is a neural network?
A stock rises 20% one day and falls 20% the next. If it started at $100, what is the final price?
What is $96?
Name 2 of our current sponsors.
What are Jane Street, Citadel, TraderMath, HRT, Columbia Career Education?
This billionaire investor, known as the “Oracle of Omaha,” earned his Master of Science in Economics at Columbia University.
What is Warren Buffett?
She was one of the earliest female engineers at NASA, featured in Hidden Figures for her mathematical work.
Who is Katherine Johnson?
This three-letter financial institution is considered the most common employer of quants in New York City.
What is JPM (J.P. Morgan)?
In continuous compounding, $100 invested at 5% for 1 year becomes this (rounded to 2 decimals).
What is $105.13?
What event did we host last week from 5:30-6:30pm?
What is Five Rings!
This Columbia alumnus authored several of the Federalist Papers alongside Hamilton and Madison.
Who is John Jay?
Known as the “first computer programmer,” she wrote the first algorithm intended for a machine.
Who is Ada Lovelace?