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Why UBS Is Hiring So Many Quants

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Re: Why UBS Is Hiring So Many Quants

#41

Earlier quoted context omitted.

Quant-itative analyst. Yes, industry jargon.

Even worse, some banks use the initials "QA" for the function, completely ignoring the idea that those initials already have a meaning in software development.

Finance has existed longer than software development; I think you might be mixing up the chicken and the egg here.

Re: Why UBS Is Hiring So Many Quants

#42

Earlier quoted context omitted.

Even worse, some banks use the initials "QA" for the function, completely ignoring the idea that those initials already have a meaning in software development.

Finance has existed longer than software development; I think you might be mixing up the chicken and the egg here.

Surely quality assurance (QA) has been a concern in physical products since the Industrial Revolution started. It's not a software industry term.

Re: Why UBS Is Hiring So Many Quants

#45
post #42

Earlier quoted context omitted.

Finance has existed longer than software development; I think you might be mixing up the chicken and the egg here.

Surely quality assurance (QA) has been a concern in physical products since the Industrial Revolution started. It's not a software industry term.

Finance precedes the Industrial Revolution as well. But I think the real question is when each of those terms came into being.

Re: Why UBS Is Hiring So Many Quants

#46

Earlier quoted context omitted.

Me too. Looks like it's been used for a while but I never saw until this week and this was the second time I saw it. Sounds derogatory.

It is not derogatory. It is an abbreviation commonly used among finincial experts to denote a particular discipline of expertise. Jargon, parlance, slang.

I should have consulted with the authority on derogatory terms before posting such a thoughtless comment. Thank you for the correction, lord derogator :) But, again, I wasn't saying it actually is a derogatory word, it just has the harsh sound of one. Maybe it's just because it sort of rhymes with the derogatoriest word of all.
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