Attention Economy


Thursday, December 15, 2022

Quant Finance/Finance Readings

School of Quant: At $29,000, a Public NYC College Outclasses Princeton
https://www.bloomberg.com/news/features/2022-12-15/school-of-quant-at-29-000-an-nyc-college-outclasses-princeton
New York’s Baruch College offers a no-frills financial engineering course that’s feeding some of the world’s most elite global trading firms.
Call it Quant U.
Baruch, it turns out, has built a pipeline to Wall Street that rivals those at many richer, more prestigious institutions. Its faculty includes pros from the likes of Goldman Sachs Group Inc. and JPMorgan Chase & Co. Its students routinely graduate into six-figure jobs at big banks or, more likely, head to hedge funds such as Citadel and Millennium Management.
Similar top-rated programs at Princeton, MIT, Cornell and Carnegie Mellon? They’re good, yes — but Baruch bests them all, according to annual surveys by QuantNet, an online forum for financial engineers.
 
QuantNet - Ranking of MFE Programs:
https://quantnet.com/mfe-programs-rankings/ 



BOOK RECOMMENDATIONS FOR BUDDING FINANCE PROFESSIONALS:

Financial Theories and Quant Finance:

  • The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
  • In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest
  • Adaptive Markets: Financial Evolution at the Speed of Thought
  • An Engine, Not a Camera: How Financial Models Shape Markets
  • Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets
Venture CapitalThe Power Law: Venture Capital and the Making of the New Future by Sebastian Mallaby

Classics:

  • Against the Gods: The Remarkable Story of Risk
  • Capital Ideas: The Improbable Origins of Modern Wall Street
  • Devil Take the Hindmost: A History of Financial Speculation

Basics:

  • A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy by Burton G. Malkiel (new edition coming in Jan 2023)
  • Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies (Sixth Edition) by Jeremy Siegel