2022 CAP Congress / Congrès de l'ACP 2022

(I) From Physics to Finance and Risk Management in Times of a Pandemic

7 Jun 2022, 11:45

30m

MDCL 1009 (McMaster University)

Invited Speaker / Conférencier(ère) invité(e) Symposia Day (CAP) - Private Sector Physicists T2-5 Private Sector Physicists (CAP-DAPI) | Physicien(ne)s dans le secteur privé (ACP-DPAI)

Speaker

Rene Stock (Scotiabank)

Description

For the last 20-30 years, quantitative finance has been a prime destination for physicists moving away from academic careers and to modeling of an increasingly complex financial system. During the 2008 financial crisis the role of physicists and mathematicians promised to be redefined in risk management: What could physicists do to prevent the next financial crisis? Did they cause the last one?

I will discuss some of the questions of interest to physicists entering a new career in finance and risk management at this time: What are some of the interesting questions coming up in finance in the next few years? How do I get started? What background do I need? Should I do data science? Will an MBA help? Will I have impact?