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The Top 10 Quant Schools, According to the Street

The Top 10 Quant Schools, According to the Street

[These are Advanced Trading's 2008 Quant School Rankings. Click here to jump to our 2012 Quant School rankings.]

For the first time ever, Advanced Trading has assembled a board of esteemed Wall Street veterans, each with an academic background that eventually led him down the quant road. The board was charged with selecting the top 10 quant schools, based on Wall Street recruitability -- the programs from which Wall Street firms recruit and the programs that produce the best quants (and why).

Quant School Selection Board Member Bios

Robert Almgren

Robert Almgren is cofounder of Quantitative Brokers and currently an adjunct faculty member at New York University Courant Institute's Mathematics in Finance program. Almgren was formerly managing director and head of quantitative strategies in the electronic trading services group in the equities division of Bank of America Securities.

Before joining Bank of America, Almgren was an associate professor of mathematics and computer science at the University of Toronto, and director of the Mathematical Finance program. Previously, he was an assistant professor of mathematics at the University of Chicago and associate director of the Program on Financial Mathematics. He holds a Ph.D. in applied and computational mathematics from Princeton University. Almgren has written a number of papers on optimal trading strategies, equity trading cost measurement and portfolio formation from ordering information.

Ian Domowitz

Ian Domowitz is a managing director responsible for networking and analytical and research products at ITG. Prior to joining ITG in 2001, he served as the Mary Jean and Frank P. Smeal Professor of Finance at Pennsylvania State University. Domowitz also has held positions with Northwestern University, Kellogg Graduate School of Management, Columbia University, the Commodity Futures Trading Commission, the International Monetary Fund and the World Bank.

A former member of the NASD's Bond Market Transparency Committee, Domowitz also served as chair of the Economic Advisory Board of the NASD. He is currently a Fellow of the Program in the Law and Economics of Capital Markets at Columbia University. He received a Ph.D. in economics from the University of California at San Diego.

Steven Janowsky

Steven Janowsky is head of financial engineering at FX Solutions. He is responsible for risk management practices and systems, derivative products, and financial calculations. Janowsky has more than 20 years' experience in risk management, analytics and quantitative research. Prior to joining FX Solutions, he was head of analytical software at Clinton Group.

Janowsky has held various academic positions, including posts at the University of Texas, Rutgers University, Los Alamos National Laboratory and Harvard University, with more than 20 peer-reviewed publications. He received a Ph.D. in physics from Harvard University, as well as an A.M. in physics from Harvard University, an S.B. in physics from M.I.T. and an S.B. in mathematics from M.I.T.

Leo Murphy

Leo Murphy manages Trading Technologies' University Relations Program. The University Relations Program's goal is to equip schools with Trading Technologies' X_TRADER software through corporate software donations. Universities in turn apply the software to their curriculum as they see fit.

Murphy began his career as a broker in fixed-income futures and options for Merrill Lynch at the Chicago Board of Trade. He was a senior economist in research and development for the CBOT before coming to Trading Technologies to manage the University Relations Program. He currently is an adjunct faculty member at Benedictine University (Lisle, Ill.) and Lewis University (Romeoville, Ill.), where he teaches economics.

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Al S
Al S,
User Rank: Apprentice
4/13/2013 | 5:18:35 PM
re: The Top 10 Quant Schools, According to the Street
Quants Rule The World!!
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