Carnegie Mellon University

Quantitative Portfolio Management

As a quantitative portfolio manager, you will manage the money of others (pension funds, retail investors and insurance companies) using quantitative models and invest for longer-term returns on the basis of expected movements in the value of a security, currency, commodity or related index.

You will have the opportunity to create quantitative investment strategies, often using sophisticated technology and developing fast algorithms, to make investment decisions. In this field, you will develop and implement mathematical and statistical models to parse vast data sets and exploit predictive patterns in historical data.

Job Titles in quantitative portfolio management include:

  • Portfolio Management Analyst
  • Quantitative Research Associate
  • Research Analyst
  • Investment Analyst
  • Quantitative Analyst

Employers in quantitative portfolio management include:

  • Investment and Commercial Banks
  • AQR Capital
  • Blackrock
  • Citadel
  • Millennium Capital
  • Tilden Park Capital
  • Wellington Asset Management
  • Western Asset Management