Careers
For Recruiters
If you are interested in hiring a candidate from the Masters in Mathematical Finance program, please contact theStuart School of Business Career Management Center
or
Prof. Tomasz R. Bielecki
MMF Programm Director,
Department of Applied Mathematics.
phone: 312.567.3165,
e-mail: bielecki_AT_iit_DOT_edu.
For Current Students
Workshop: Get Ready to Step on The Street
During their study at IIT, MMF students are actively involved in the monthly workshop "Get Ready to Step on The Street." The goal of the workshop is to prepare MMF students for pursuing quantitative positions in the financial industry. Professionals from industry give informal talks during which the participants will have opportunities to ask questions and get a better understanding about real expectations from a job candidate.
Some of the discussion topics in our meetings include:
- What does it mean to be a quant? What are the necessary qualifications and skills?
- Do you put everything on your resume, and how do you edit it down?
- Technical interview-type questions from classical probability to the Black-Scholes model and beyond (we spend a good portion of time on this)
- How to prepare a professional presentation.
- Discussion of some fundamental papers from Mathematical Finance.
- Job-hunting methods.
- Interview skills: how to sell yourself, secrets of salary negotiation, and what questions to ask during the interview.
IIT Stuart School of Business Career Management Center
Stuart's Career Management Center offers a wide range of services and tools to help you in your career development.
Firms Employing IIT Mathematical Finance Graduates
NextEra Energy Resources
Quantitative Risk Management
Citigroup
Exelon Power Team
Options Clearing Corporation
W Trading LLC
External Quantitative Analysis Job sites
QuantFinanceJob.com - a quant community with financial engineering job postings, interview guides, interview questions, quantitative finance tutorials, and financial resources to land a successful Wall Street job.
QuantFinanceJobs.com - a job board for quantitative finance, financial engineering and risk management.
National Financial Mathematics Career Fair - annual event bringing together top-flight financial institutions with quantitative finance graduate students.
Resources and Links
Professional Organizations and Quantitative Analysis Community
IAFE - International Association of Financial Engineers - A nonprofit, professional society for the quantitative finance industry.The Bachelier Finance Society. The aim of the Bachelier Finance Society is the international advancement of the finance discipline using stochastic processes and statistical and mathematical theory.
GARP - Global Association of Risk Professionals.
PRMIA - Professional Risk Managers' International Association.
ISDA - International Swaps and Derivatives Association.
Chicago Quantitative Alliance - a Chicago-based organization focused on the needs of the quantitative investment practitioner.
QuantNet.com - NYC Community for quantitative analysts.
Financial-Conferences.com - comprehensive list of current financial conferences.
Wilmott.com - forum, blogs, news, magazine, etc; all dedicated to quantitative finance.
MathFinance.com - the bridge between investment banking and academic research in mathematical finance.
National Financial Mathematics Career Fair.
Ratings and Research Information
Fitch Ratings - Fitch Ratings is headquartered in New York and London and is part of the Fitch Group. In addition to Fitch Ratings, the Fitch Group also includes Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of data, analytics, and related services.
DefaultRisk.com - one of the web's most comprehensive credit risk modeling and measurement resources for corporate debt.
Bloomberg.com Bloomberg is about information: accessing it, reporting it, analyzing it and distributing it.
Yahoo Finance - free (delayed) quotes for stocks, bonds and other financial products.
QuantLib.org - The QuantLib project is aimed at providing a comprehensive software framework for quantitative finance. QuantLib is a free/open-source library for modeling, trading, and risk management in real-life.
SITMO.com - Various Resources for Financial Engineers
Bramaan.com - an online facility for the valuation and risk management of interest rate derivatives.
QuantPress.com - An online library of research articles and financial analysis