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A Day In The Life Of An Aspiring Financial Engineer - Career - Nairaland

Nairaland ForumNairaland GeneralCareerA Day In The Life Of An Aspiring Financial Engineer (955 Views)

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A Day In The Life Of An Aspiring Financial Engineer by SamuelLoch(op): 3:03pm On Jul 21, 2020
NB: This is going to be in-form of a thread; I would update continually.
Straight to business, I like to set things straight first. I have noticed that many refer to Financial Analysts, Financial Planners, Financial Advisors, and Financial Engineers as the same person, with thoughts that they are all doing financial analysis. I’m glad to tell you that, you’ve had it wrong all this while. I would throw light on this in another thread.
Back to financial engineering. Some would probably be hearing this for the first time, some would be wondering if engineers now work at financial firms. Let me take you out of your wonderland.

A financial engineer is a person who uses his/her multidisciplinary skills/knowledge involving financial theories, mathematical models, methods of engineering, and practice of programming to provide solutions to problems in finance. A financial engineer is sometimes referred to as a quantitative analyst (or Quant, for short).

Unfortunately, financial engineers would have different activities throughout their 24 hours and 7 days. I intend to share some things we have in common.

Programmers are always thought of to be some nerdy-looking ‘guy’ who’s always on his computer. That’s true sometimes, but programmers have varieties of activities like taking online courses to stay up-to-date, watching recorded tutorials, attending webinars, participating in online forums to learn and teach, participating in competitions online, reading books that matter, playing games (we learn a lot from games too), seeing tech-wise movies/series, and of course, figuring/trying out codes on the computer, building/developing ideas, and most importantly, working on projects.

These are just some of the many activities of a programmer.
Back to the aspiring financial engineer. Taking up a field that has less-support, with no mentor in the exact field, as a self-taught, and with really-expensive paid for courses can be really exhausting. You’re mostly confused with switching or settling for less. But the huge figures posted on indeed, glassdoor, payscale, and the likes, is another motivation to keep the dream together.

No field has it easy, but the level of complications is totally different from becoming a financial engineer/a quant. Every time you come across a new skill or approach on how to do it the right way, you automatically decrease your level of proficiency and dexterity. The bad news is there’s always a new skill or approach on how to do it the right way.

This is my open application to have many financial engineers, advisors, analysts, and planners as friends and mentors. The journey may be tough but we will get there someday!

To be continued…

Re: A Day In The Life Of An Aspiring Financial Engineer by Nickisindigo(m): 3:45pm On Jul 21, 2020
Financial engineer ke?
Re: A Day In The Life Of An Aspiring Financial Engineer by ademola1580: 4:07pm On Jul 21, 2020
bosss we dey follow u bumper to bumper
Re: A Day In The Life Of An Aspiring Financial Engineer by SamuelLoch(op): 8:00pm On Jul 26, 2020
SamuelLoch:
[size=18pt] NB: This is going to be in-form of a thread; I would update continually.
Straight to business, I like to set things straight first. I have noticed that many refer to Financial Analysts, Financial Planners, Financial Advisors, and Financial Engineers as the same person, with thoughts that they are all doing financial analysis. I’m glad to tell you that, you’ve had it wrong all this while. I would throw light on this in another thread.
[/size]
I just posted an article that throws light to the hidden differences between the personnel mentioned above. Here's the link

https://www.nairaland.com/6016614/difference-most-talked-about-financial-personnel
1 Reply

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