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From my experience, people at the forefront of innovation have mathematics background. Quantitate Portfolio Management has a ton of advanced mathematics and the
by jabrown10 10y ago
From my experience, people at the forefront of innovation have mathematics background.
Quantitate Portfolio Management has a ton of advanced mathematics and the people designing those strategies definitely use mathematics in finance.
If you look at the requirements to be a software engineer for a company that makes video games these days, the mathematics needed is rigorous in the geometry aspect.
I'm not sure what kind of actuary this guy was interviewing but all the actuaries I know in the industry that are respected have used a significant amount of math in their career before reaching management.
I myself am no expert. I have a MS in applied Mathematics from a regular school and make over $150k in the Reinsurance industry.... I only have 4 years of experience. My superiors are definitely making 7 figures.
These days with emergence of predictive analytics which definitely using above 8th grade math, shows the relevance of advanced mathematics.
Because we can program computers, Of course you don't have to write these formulas/equations etc... Everyday but to initially design these systems, implement, revise, research and innovate, the skills are needed.
That's why at these top companies at the forefront of the industry have a very diverse international makeup of countries that excel in mathematics