TechWeb's Advanced Trading Magazine Names Top Ten Quantitative Analyst Schools

TechWeb's Advanced Trading, the premiere source for objective industry-specific content for trading executives, today announced the Top Ten schools for quantitative analysts. Working closely with Wall Street veterans, Advanced Trading chose the top schools in terms of financial services recruitability. Published in the August issue, the article entitled, "The Top 10 Quant Schools, According to the Street" was written by executive editor, Cristina McEachern. The feature story can be found online at: http://www.advancedtrading.com/showArticle.jhtml?articleID=209102204.

Quantitative analysts -- known in the industry as "quants" -- use complex algorithms to trade more effectively and grow portfolios. Quants are increasingly in high demand on Wall Street, driving more universities to establish educational programs for critical financial services positions. Programs typically run one to two years with a heavy concentration in math and programming.

Many quant schools offer a Master in Financial Engineering (M.F.E.) degree, while others offer similar degrees, including a Master of Science in Financial Engineering (M.S.F.E.), a Master of Science in Financial Math (M.S.F.M.), a Master of Science of Mathematics in Finance (M.S.M.F.) and a Master in Mathematical Finance (M.M.F.).

  The Top Ten schools are:
  -- Carnegie Mellon University
  -- Columbia University
  -- Cornell University
  -- New York University
  -- Princeton University
  -- Rutgers University
  -- Stanford University
  -- University of California at Berkeley
  -- University of Chicago
  -- University of Michigan

For the first time, Advanced Trading assembled a board of Wall Street veterans to help compile the university list, including: Robert Almgren, cofounder of Quantitative Brokers, adjunct faculty member at New York University Courant Institute's Mathematics in Finance program and former director of the Mathematical Finance program at the University of Toronto; Ian Domowitz, managing director of networking and analytical and research products at ITG; Steven Janowski, head of financial engineering at FX Solutions; and Leo Murphy, manager of Trading Technologies' University Relations Program.

The top schools were chosen based on the following criteria: Students level of experience coming into the program; program age; program structure; specific program classes relating to financial services; Wall Street faculty; student preparedness for financial services positions post program; alumni success on Wall Street, and overall financial services recruitability of students graduating.

"Quants are making an essential contribution to the financial services industry," said McEachern. "The top ten quant schools are actively preparing students for Wall Street, by providing the necessary demanding skills sets required for achieving success in this evolving new career."

About Advanced Trading (www.advancedtrading.com)

Advanced Trading provides head traders with cutting-edge information on the hottest trading trends and technology strategies shaping the market and driving a competitive advantage. Advanced Trading is the premiere source for objective industry-specific content and gives traders direct access to industry news, analysis, expert opinion and behind-the-scenes views of the technologies being used by the industry's leading firms.

About TechWeb (www.techweb.com/aboutus)

TechWeb, the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events Interop, Web 2.0, Black Hat and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

*13.3 million business decision-makers: based on # of monthly connections across TechWeb brands.

  Contact:
  Alix Raine
  United Business Media LLC
  516-562-7827
  araine@ubm-us.com

SOURCE: TechWeb

CONTACT: Alix Raine, United Business Media LLC, for TechWeb,
+1-516-562-7827, araine@ubm-us.com

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