Channel Title: Dimitri Bianco Channel Description: With a lack of job resources in graduate school, this channel will provide advice on how to break into and develop a fulfilling career in quantitative studies such as quantitative finance, statistics, and computer programming. The goal is to provide honest advice and solutions to career problems instead of the generic advice that many people share. The content on this channel will be derived from my personal experiences and from others who perform at a high level in their industry. Add me on LinkedIn: https://www.linkedin.com/in/dimitri-bianco-frm-20047819 <video> Christmas Quant Challenge Dynamic Credit Portfolio Modeling Description: I had high hopes of sharing what I read for the Christ Quant Challenge. Unfortunately the book I read as very high level and lacked much depth and discussion and to top to top it off, I ran out of time as I had to work and deal with a house fire caused by lightening. Takeaways: Modeling credit default swaps (CDS) is often done using copula models in a static framework however a dynamic framework using stochastic processes can also be done though the complexity increases. Many common properties such as they must be a martingale are enforced to make the math work well. Overall I book, "Quantitative Risk Management" by McNeil, Frey, and Embrechts seemed very high level, listed some formulas, and tried to cover too many topics. I was really hoping for some more insightful details around the modeling process, issues with the models, and practical applications. </video> <video> Director of Admissions and Recruiting at CMU MSCF - Emily Wertz Description: There is a lot of confusion on how admissions is done at quant finance masters programs in the US. Every program will do it differently however today I got the opportunity to learn about the admissions process from one of the top programs (Carnegie Mellon University). Emily Wertz is the director of Admissions and Recruiting at CMU's Masters of Science in Computational Finance program and has worked there for over eight years. We cover: 1) Academic Readiness 2) Career Readiness 3) Interpersonal Skills Emily provides tips and some insight into how the applications are reviewed. For more information on CMU's program: https://www.cmu.edu/mscf/ </video> <video> Be a Part of the Quant Community Description: The second annual Quaint Quant Conference will be Friday, April 18th in Richardson Texas at UTD. I really need some speakers and panelists to present and have discussions. The goal of this conference is to bring together the quant community with both interesting research but also networking and career development. Last year had topics such as quantum computing for finance, NLP, career growth and development panel, data issues in retail credit, and Monte Carlo asset aggregation. This year we have a few top notch speakers already lined up and we are planning on having multiple tracks to best fit your interests. Connect with me: https://www.linkedin.com/in/dimitri-bianco https://twitter.com/DimitriBianco Website: https://www.FancyQuantNation.com Discord: https://discord.gg/8822pYKNrn Support the channel: https://ko-fi.com/fancyquant Quant t-shirts, mugs, and hoodies: https://www.teespring.com/stores/fancy-quant </video> <video> The Impact of Math in Financial Engineering Balancing Rigor and Application Description: Do we need less math in quantitative finance? Getting a full set of skills to do quantitative finance is hard and often the imbalance can make solutions incomplete or not realistic. What do you think? </video> <video> Why Traders Insist on a Negative Net Present Value Trade in the Energy Sector Description: Trading isn't as simple as what is taught in business school. Markets are dynamic, players are savvy, and traditional finance is too simple. </video> <video> Embarrassing Meeting Story Description: Long story short, I showed up late to a meeting and sat there for 5 minutes before realizing, I wasn't supposed to be in that meeting. I just waited until the half hour mark and left however I was a bit embarrassed. No one in the meeting said anything but someone afterwards asked and got a good laugh out of it. In careers mistakes happen and often it is best to just laugh, learn from it, and move on. Connect with me: https://www.linkedin.com/in/dimitri-bianco https://twitter.com/DimitriBianco Website: https://www.FancyQuantNation.com Discord: https://discord.gg/8822pYKNrn Support the channel: https://ko-fi.com/fancyquant Quant t-shirts, mugs, and hoodies: https://www.teespring.com/stores/fancy-quant </video> <video> Unveiling the World of Quantitative Finance Is it Too Late to Join Description: Is it too late to join quant finance? No, there is a lot to be done in the industry and education is valued even for those that are older. </video> <video> What Does a Financial Engineer Do Exploring Valuation Models and Finance Literature Description: A lot of quality theory and application in finance is lost due to a lack of popularity or it being proprietary to the business. </video> <video> A Wall Street Chat with Patrick Zoro Description: I brought Patrick Zoro from Lehigh University on the channel to discuss jobs, hiring, program rankings, networking, and just to catch up with him on a personal note. Some interesting takeaways include how programs gather and report graduate income. For example, the data is self reported by the students and then self reported by the universities. Some universities have third partis that do the work to reduce over stating salaries while others directly report. Another interesting piece is that many students take internships or research work at the universities as a way to stay in the US while they find a full time quant job. Should we include these as employment in the reporting for rankings? Lehigh's Financial Engineering Program: https://business.lehigh.edu/academics/graduate/masters-programs/ms-financial-engineering </video> <video> Revolutionizing Economics: The Power of Rigorous Methodology Description: I think we need to be very rigorous about methodological standards That's my best idea currently which is i think most people would agree with what Milton Friedman wrote in essays in positive economics that's the book where he laid out kind of the essential positivist methodology that's used in every other science and just apply to economics And I think if we were more rigorous about methodology it'd work but I think Well economics has done a good job eliminating a lot of people from the discipline that weren't rigorous right So people that were still in the labor theory of value and stuff like that they've been very good at policing people that just wouldn't accept what the data was telling them. https://youtu.be/9ybpBQYt4kw </video> <video> Exciting New Tool for Banks Coming Soon Description: So the tool will be released at the end of September early October basically Oh wow Okay That's quick So it will be exciting Hopefully it will help a lot of banks Hopefully we can make it at that time the open access like my ML style so a lot of people can use it. https://youtu.be/O2vSXgpyLik?si=EJai2gi_llsMD1Sk </video> <video> Unread Quant Textbooks of 2024 Description: Books related to quant finance that I bought in 2024 but didn't get a chance to read. (all links are affiliate links which help support this channel) Problems and Solutions in Stochastic Calculus with Applications https://amzn.to/4frhyPb Democracy in Deficit: The Political Legacy of Lord Keynes https://amzn.to/3P4XF5Y The General Theory of Employment, Interest & Money https://amzn.to/4gNL5Up Time Series Analysis: forecasting and control https://amzn.to/4fw8F6U Riemannian Geometry https://amzn.to/49OsyFc Measurement and Analysis of Random Data https://amzn.to/49Salq8 Statistical Computing with R https://amzn.to/49SaolO Investments https://amzn.to/3ZMPNuU </video> <video> Harnessing Synthetic Data: The Cure for Complexity Control Description: then people say okay what is the cure of that Well people say I'm going to use more data including synthetic data but at the end of the day the theory tell you that if you don't regularize it You don't control the complexity you will end up with something like that. https://youtu.be/O2vSXgpyLik?si=EJai2gi_llsMD1Sk </video> <video> The Dangers of GDP Targeting Inflation Explained Description: I'm actually concerned And what I argue for in the book is basically that I think this policy of trying to hit a GDP number irrelevant of how we hit the GDP number is a dangerous policy it's an inflationary policy and I would rather us adopt a policy in which we try to maintain a stable price level over a very long period of time I got Jeff say I am very against I have thought about it and I don't have a full consensus of why but I do not like that we target inflation rates it drives me insane I'm like because everyone always goes it's 2 percent inflation and like but why why is it not one percent inflation why isn't it negative That just encourages savings And perhaps to the Keynesian argument we've been making here: maybe we've overspent and we're creditly overextended. https://youtu.be/9ybpBQYt4kw </video> <video> Immigration and H1B - Quant View Description: As there has been some discussion around H1Bs and immigration, and a subscriber asked me to talk about it, here is my perspective. A few high points: - Immigration is a key part of America. - Great people should be allowed to immigrate and not just whoever decides they want to come. - The H1B system needs to match the number of people coming as well as a clear and simpler path to a green card. Connect with me: https://www.linkedin.com/in/dimitri-bianco https://twitter.com/DimitriBianco Website: https://www.FancyQuantNation.com Discord: https://discord.gg/8822pYKNrn Support the channel: https://ko-fi.com/fancyquant Quant t-shirts, mugs, and hoodies: https://www.teespring.com/stores/fancy-quant </video>

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With a lack of job resources in graduate school, this channel will provide advice on how to break into and develop a fulfilling career in quantitative studies such as quantitative finance, statistics, and computer programming. The goal is to provide honest advice and solutions to career problems instead of the generic advice that many people share. The content on this channel will be derived from my personal experiences and from others who perform at a high level in their industry.

Add me on LinkedIn: https://www.linkedin.com/in/dimitri-bianco-frm-20047819

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