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# Programming for Quantitative Finance/Quant experts

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Admitted - Which School Forum Moderator
Joined: 21 Mar 2018
Posts: 290
Concentration: Finance
Programming for Quantitative Finance/Quant experts  [#permalink]

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Updated on: 20 Jul 2018, 11:47
Hi diligent GMAT Club members,

I was wondering, do people from quantitative finance, mathematical finance, financial engineering graduates, etc. or quant job experts would be kind to recommend what would be useful to learn from available programming languages for quantitative finance either academically or even more for quant jobs on the market.

If there are people here who already apply this in their everyday quantitative analyst or trading job, I assume they will be most suitable to recommend, but everyone else are welcomed to contribute as per their insights and knowledge.

Wolfram Mathematica

Python

C++

R

Matlab

Thank you in advance gmat club/quant community
_________________

Originally posted by billionaire on 19 Jul 2018, 08:22.
Last edited by billionaire on 20 Jul 2018, 11:47, edited 1 time in total.
Manager
Status: sleeping
Joined: 20 Jul 2018
Posts: 52
Location: United States (NY)
GMAT 1: 650 Q42 V38
GRE 1: Q161 V164
Re: Programming for Quantitative Finance/Quant experts  [#permalink]

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20 Jul 2018, 11:38
billionaire wrote:
Hi diligent GMAT Club members,

I was wondering, do people from quantitative finance, mathematical finance, financial engineering graduates, etc. or quant job experts would be kind to recommend what would be useful to learn from available programming languages for quantitative finance either academically or even more for quant jobs on the market.

If there are people here who already apply this in their everyday quantitative analyst or trading job, I assume they will be most suitable to recommend, but everyone else are welcomed to contribute as per their insights and knowledge.

Wolfram Mathematica

Python

C++

R

Mathlab

Thank you in advance gmat club/quant community

First of all, it's not called MATHLAB, it's called MATLAB
secondly, I've not seen matlab used to frequently in shops which employ quants heavily- most of the friends I know that use it primarily use it for electrical engineering applications

from what I know, C and C++ would be your best bet. I think R's application is fairly limited, so would not recommend learning it to embellish your resume
_________________

NYC based Verbal and Writing tutor; taking clients pro bono atm

Manager
Status: sleeping
Joined: 20 Jul 2018
Posts: 52
Location: United States (NY)
GMAT 1: 650 Q42 V38
GRE 1: Q161 V164
Re: Programming for Quantitative Finance/Quant experts  [#permalink]

### Show Tags

20 Jul 2018, 11:40
Also, I forgot to mention that while matlab does offer a free version (I think) of its software, it is an extremely limited version.
The full version of matlab can run into the thousands of dollars, and unlike some other subscription services or torrentable programs, matlab is not widely available to be downloaded, so I think that makes this an even stronger case for why you shouldn't bother learning it.
_________________

NYC based Verbal and Writing tutor; taking clients pro bono atm

Admitted - Which School Forum Moderator
Joined: 21 Mar 2018
Posts: 290
Concentration: Finance
Re: Programming for Quantitative Finance/Quant experts  [#permalink]

### Show Tags

21 Jul 2018, 10:19
yamato wrote:
billionaire wrote:
Hi diligent GMAT Club members,

I was wondering, do people from quantitative finance, mathematical finance, financial engineering graduates, etc. or quant job experts would be kind to recommend what would be useful to learn from available programming languages for quantitative finance either academically or even more for quant jobs on the market.

If there are people here who already apply this in their everyday quantitative analyst or trading job, I assume they will be most suitable to recommend, but everyone else are welcomed to contribute as per their insights and knowledge.

Wolfram Mathematica

Python

C++

R

Mathlab

Thank you in advance gmat club/quant community

First of all, it's not called MATHLAB, it's called MATLAB
secondly, I've not seen matlab used to frequently in shops which employ quants heavily- most of the friends I know that use it primarily use it for electrical engineering applications

from what I know, C and C++ would be your best bet. I think R's application is fairly limited, so would not recommend learning it to embellish your resume

Hi yamato

I know it is Matlab.

But every time I write it, I subconsciously go for math prefix because of obvious logic association.

Moreover, the program itself is developed by MathWorks

I will try to remember that MATLAB actually stands for Matrix Laboratory to avoid confusion in writing in future.

I believe you referred to Octave as free substitute for Matlab.

I always for some reason, deemed C++ as ancient and not very modern solution, but I guess I was wrong.

Thank you for inputs and opinion, I have corrected the name above.
_________________

Re: Programming for Quantitative Finance/Quant experts &nbs [#permalink] 21 Jul 2018, 10:19
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