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What will a Master of Quantitative Finance add to you?

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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/16
Lidia Bach
by Lidia Bach , Project manager , Vnesheconombank

Having Master in Quant Finance education allows for:

- faster and much more accurate approach to evaluating the market;

- in qualitative - fundamental and technical analyse, we have to go through bunch of information in order to evaluate the cause and effect, and to make a somewhat accurate forecast. Quant finance, on the other hand, relies exclusively on the statistical info and the theory of probability in the framework of the current events. Thus, we estimate the market's situation and make the most accurate forecast - for stats do not lie. 

- the major principle, one of the Martingales, is that whatever has happened in the past does not define the future. That is true not only mathematically, but also in life. However, when that future step is evaluated/predicted statistically, the calibrations yield the forecast, which proves to be the closest to the resulting one.

Summing up all of the above - quantitative finance allows a trader, risk manager, ..., estimate market situation in the quickest and truest  way and to make the most educated decision in the most time-effective manner.

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