I believe this program will become the quant equivalent of the CFA. The program exposes the participant to a wide variety of quant disciplines; much like the CFA program for traditional finance. They both are a mile wide and a couple inches deep. Wilmott is aligning himself with CFA Institute; the course qualifies for 2 years of the voluntary CE credits. I wish they would make these credits mandatory to weed out the lazy Charterholders who want to write exams once in a lifetime and coast on outdated info…
nobody cares about quant
^ nice can’t do attitude…
I’d be interested in doing the CQF if it weren’t so darned expensive.
yeah there’s really no precedent to charging $20,000 for an online study program. fuck that.
There are 1,273 graduates of the CQF program which started in 2003. Not a bad steady revenue stream for Wilmott: 1,273 candidates 6 years 212 average per year @ $20,000 = a cool $4.2 million Since the course content would be largely developed, increasing popularity and registrations are just pure gravy for this guy.
They are constantly increasing the amount of content avaliable; their intent is to include courses such as the Certificate in Mathematical methods in the main program --> you get tons of maths exposure with additional workshops and other finance related webinars in the lifelong learning section.
I vote for a separate forum tab for the CQF!
Keys Wrote: ------------------------------------------------------- > ^ nice can’t do attitude… So what exactly do you do right now? Just so I know who I’m talking to
I took a course from this Riaz guy last fall at 7 City in NYC just to get a better idea of what Financial Engineering entails . . . was ok . . . he seems pretty smart http://www.cqf.com/quantitative-finance-practionners/riaz-ahmed
I am currently at the intersection between finance technology; I came from a background of Analyst and portfolio management with a fund merging both quantitative and fundamental analysis. Philip: Riaz -> he is great! I assume you took the maths primer?
so if you were the hiring manager would you hire a CQF or a MFE?
Would you hire a CFA or MsFin
CFA, primarily because of the work experience requirement. And also because anybody who has the resources can get an MsFin.
But the restriction to get into a ‘presitigious’ MsFin is higher than the CFA; shouldn’t this be factored in? If you choose CFA, I may be able to extrapolate to the CQF as well;.
But CFA is well recognized, CQF is not. And I dont think there is a work experience requirement for it. I dont see a reason a CQF beats MFE in selection process.
CFA was not well recognized in it’s early stages either. There are plenty of MFEs and PhDs who engage the CQF for the practical nature of the course. This is well tailored to quant trading --> if a candidate would rather engage in structuring, then an MFE may be more suitable since more theoretical topics are reviewed. The CQF ciriculumn is constantly expanding and will rival the content of most MFE programs (beyond the 6 month testing period); it may currently rival them…
Keys Wrote: ------------------------------------------------------- > I am currently at the intersection between finance > technology; I came from a background of Analyst > and portfolio management with a fund merging both > quantitative and fundamental analysis. > > > Philip: > Riaz -> he is great! I assume you took the maths > primer? I think it was different than the math primer. Riaz had some 2 day seminar called the “Introduction to Financial Engineering.” Was interesting . . . good to get a perspective on another area of finance.
do they have a list of books? looks like reputable people there. i would want to at least know what their curriculum is - so i can study on my own no more designations for me, unless it is very necessary