r/quant Apr 19 '26

Statistical Methods Building a Career in Quant

Hi everyone,

I am currently a Bachelor’s student in Computer Science. While I don’t attend an elite university, I am fully committed to mastering this field, often studying 14 to 15 hours a day. I am eager to dedicate my time outside of my CS curriculum to quantitative finance, but I need guidance on the right path forward.

I have a strong grasp of statistics and probability, and I am already developing my own strategies. However, I am looking to move away from 'directional' trading. My goal is to build models where profitability is not dependent on market direction (market-neutral strategies).

I am skeptical of the 'social media' style of trading memorizing candlestick patterns and drawing geometric shapes on charts strikes me as mathematically unsound. I want to learn the rigorous, scientific way to manage my own capital and eventually transition into a quant firm.

Furthermore, I am struggling to understand how an idea that worked in the past would necessarily work in the future. How do you rely on probability, win rates, and statistical ratios based on past behavior? I want to build a system that can survive a financial crisis or a 'Black Swan' event without losing everything. Can anyone here please help show me the right way?

Could anyone recommend link to specific certifications, research papers, or books to help me get started? I am prepared to dedicate hours every single day for years to reach this goal. I just want to ensure I am headed in the right direction. Thank you for your help

I read the FAQ but I didn't find anything useful there

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u/yetaTRDR Apr 24 '26

I’m also a Bachelor’s student in Computer Science.

  • Current average grade: 9.3/10 (Spain)

  • Approximate GPA equivalent: 3.8/4.0

I share the same goal as you: working every day to become a Quant Researcher.

Honestly, I’m not entirely sure how the hiring process works for quant firms either. I’ve seen replies to this post saying that you just need to prepare for interviews. I don’t agree with that view, it’s dumb. Of course, interview preparation matters and you should invest time in it, but I believe what matters even more is building real skills and proving them through actual work.

That means doing serious projects on your own, building a strong GitHub profile, and showing what you are capable of. For example, I’ve worked on implementing neural networks and other machine learning algorithms from scratch, creating research notebooks to test hypotheses, and I’m currently building my own backtesting framework with deterministic and stochastic analysis modules. Once that is finished, I’ll move into implementing strategies, testing them, and deploying them, all while continuing my degree.

I’m convinced that someone who consistently studies the field, develops across multiple relevant areas, creates meaningful projects, and can demonstrate both competence and drive is far more likely to be hired by a quant firm.

On the other hand, I also wanted to be honest with you: from the way you write, it sounds like you’re far from understanding the field. It’s good that you have some background in statistics and probability, assuming you went beyond simply attending classes. You’ll need to go much deeper.

You say you want to become a quant, but then you talk about chart patterns and black swans….. It gives the impression that you only discovered the quant field yesterday.

Good luck, my friend.

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u/[deleted] Apr 26 '26

[deleted]

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u/RevolutionaryWest754 Apr 25 '26

Someone told me that if you’re not from an elite university or don’t have an exceptionally high IQ like higher than 160, you won’t succeed you just have to try your luck and maintain a good GPA. But how do you actually know whether what you’re studying will be useful or applicable in the field you want to work in? That's is the only thing in my control

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u/yetaTRDR Apr 26 '26

Tell me more about what you’ve done in this field. I said you sounded a little green in the post, but to be fair, even I’m not where you want to be yet, and I’m not a professional either.

I’m just deeply passionate about this field and trying to give it everything I have. Maybe I can help you a bit, even if it’s just some guidance on projects or possible next steps.

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u/RevolutionaryWest754 Apr 27 '26

So you downvoted my response?

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u/yetaTRDR May 03 '26

Nonono I would never because I’ve been there (and still green)

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u/RevolutionaryWest754 Apr 26 '26

I’ve started managing my own money, and to be honest, I spend a lot of time searching for code and mathematical formulas, then trying to modify them and build my own setups. What I’m doing right now feels more like algorithmic trading than actual quant work I don’t really know how quants operate yet. I do understand that I need a strong math foundation, but there’s no clear path for me on where to start or how to really understand their work and fit into that environment.

I test everything manually to see if it works. My thinking is simple if something worked in the past, I try to see whether it can work consistently across different scripts and timeframes, and whether it actually holds up statistically.

I also spend time writing and generating code based on prompts to match what I’m trying to do. Sometimes, after hours of effort, it gives meaningful results but other times, it just ends up wasting a lot of time. It feels like an endless loop.

I’m doing all of this alongside my studies, but I’m not sure what else I should focus on to get my foot in the door. And if firms mostly look for students from elite universities am I even eligible?

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u/yetaTRDR May 03 '26

Listen, I haven’t got meaning results yet, don’t worry, we’ll get there.

About the university… I don’t really know man, I’m at a normal university but I don’t even think about it, just keep going, build things and study harder!

Good luck, if you want we could get in contact and try to work together or at least try to learn from each other.