Recently, Selby Jennings, an internationally renowned financial headhunter, released a report titled The Future of Quants, focusing on the hot trends in the Quant industry, how related companies attract Quants, and the salaries and bonuses of Quants.

This article focuses on excerpts from the report on Hot Trends in the Quant Industry and Global Quant Salary Situation (with a salary comparison in 2021). Let's take a closer look at it together!

1. Hot Trend

The report states that Quants are generally fascinated with mastering complex, abstract mathematical sciences, etc.. In a situation like this, Selby Jennings observes some hot career trends.

At present, the financial investment industry is undergoing profound changes, and the hot trends in the quant industry are very worthy of attention.

Five hot trends for Quants in 2022:

01 Machine Learning

The report found that more and more quantitative talents in the process of looking for jobs value whether the company has used machine learning technology, whether they are willing to invest resources in machine learning technology, whether they can adopt cutting-edge technologies in related fields, etc., because these It will help them get in touch with more technology and acquire new skills.

At present, with the development of cloud technology, many trading companies have also transferred the development of related businesses - using machine learning for trading, research, analysis and other work.

02 Cryptocurrency

With more and more institutions adopting cryptocurrency-based investment portfolios, there is a huge increase in the need to find relevant talent. Although cryptocurrencies are currently unstable, the future growth space is huge, which has attracted the attention of many quants.

The issues, challenges and opportunities facing the cryptocurrency space are completely new. For Quants, it means that they can be at the forefront to make changes and use innovative research methods to deal with and solve corresponding problems, which is very attractive.

In addition, many encrypted hedge funds and trading companies can work remotely and have more flexible office systems than traditional financial institutions.

03 Commodities

The report pointed out that the current commodity market is in a period of high volatility. In-house trading teams at many commodity trading firms, funds and banks are attracting quantitative talent in order to develop trading opportunities, and the demand for quantitative talent has increased.

04 Multi-asset trading platform and multi-strategy hedge fund

Multi-asset trading platforms and multi-strategy hedge funds have seen good returns this year. This has attracted the attention of Quants, who want to work in related companies.

05 Market making and high frequency trading

Positions related to market making and high-frequency trading are still concerned by Quants, and they are positions that Quants are very interested in.

In the eyes of Quants, these positions, although challenging, are well worth trying because there is a lot to gain from them.

Of course, the salary package in this field is very good, which reflects from the side that the trading platforms of these companies have very strong profitability, which is also very attractive to Quants.

2. Salary

In terms of Quant salary, the report is mainly divided into North America, Europe and Asia Pacific for discussion, and each region also explains the situation of PhD graduates, sellers and buyers.

In general, the overall salary level of Quants in 2022 will be improved compared to 2021, and the increase will vary from place to place.

North America

○ 2022

○ 2021

European Region

○ 2022

○ 2021

Asia-Pacific

○ 2022

○ 2021

This report is shared for learning reference only.

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The picture comes from The Future of Quants, the infringement contact is deleted