Demand for quants still strong, but... - FierceFinance

No one thinks that Wall Street is done with the quantitative approach. If anything, there's a new quest underway for better algorithms. Here's how Andrew Lo, director of the Massachusetts Institute of Technology's Laboratory for Financial Engineering, puts it: "It's an arms race where no one has an incentive to pull back on their own." It's interesting that more universities--such as Columbia--are already planning to tweak their curricula to help graduates understand the broader dimensions of their trade.

Demand for quants still strong, but... - FierceFinance