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Archive Home > 2009 > March > 13 > ‘Quants’ apply science to Wall Street problems

‘Quants’ apply science to Wall Street problems

Scientists abandon particle physics and other disciplines for world of finance

By Dennis Overbye / The Bulletin
March 13, 2009

Emanuel Derman expected to feel a letdown when he left particle physics for a job on Wall Street in 1985.

After all, for almost 20 years, as a graduate student at Columbia and a postdoctoral fellow at institutions like Oxford and the University of Colorado, he had been a spear carrier in the....

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