How should Bloomberg software engineer plan career path?

Google sQNX36
Jul 3 46 Comments

I’ll join Bloomberg soon as new grad software engineer (Didn’t get Google return). But actually from very beginning I’m super inclined to join BBG because this opportunity to open door to finance/Wall St for me, and I like quantitative a lot.

I’ll try my best be great financial software engineer. But for tech roles in finance, pure SWE seems always be supporting/second class citizen; while quantitative/math+ financial domain seems more like core role, right? Plus I like both engineering and mathematics, my career goal would be quant /data scientist/ quant developer, etc.

Questions:
1. What teams within BBG could be fit if my goal is to learn engineer + quantitative + finance?

2. How can I further my education in finance and math? (Already have CS master). The best I could think if those part-time financial math master offered by NYU or Columbia? But is this necessary ( Or Would internal training be enough?) Do you guys have friend around in BBG who enrolled in such program?

3. I guess those real quant at top institution (like citadel) will still need PhD in math? So my CS background + BBG experience + finmath degree still not enough?

If this is not working well for me, I’ll plan to back to pute tech. But I’m always into some domain, general tech role is less fun for me.

Many thanks.

comments

Want to comment? LOG IN or SIGN UP
TOP 46 Comments
  • Goldman Sachs fake engineer
    No you don't need a PhD for most quant roles. Your dev skills are going to be very valuable and will get your foot in the door in a lot of places, where you can eventually transition to full-time research.

    I suggest studying stats on your own, and try to pick up finance by osmosis. Talk to colleagues about finance topics and understand how veteran quants think about things.
    Jul 3 28
    • Google gaygay
      7bd: which team are you working at BBG?
      Jul 6
    • Google NoHR1044
      Fake engineer: that’s great info! I’m curious, for top hedge funds like Citadel and 2sigma, what’s the chance of internal transfer from quant developer to quant researcher? Is math/physics PhD mandatory even if I show great performance as quant developer and skill set being quant researcher? Thx
      Jul 15
    • Bloomberg / Eng 7bd92"
      @gaygay I saw a Bloomberg team lead with 7-8 YOE join Google recently as an L5 external hire
      Jul 15
    • Google curiousing
      omg so google not acknowledge BBG technology at all. Lol
      Jul 15
    • Bloomberg / Eng 7bd92"
      How many YOE do people typically have when they reach L5 at Google, without a PhD?
      Jul 15
  • Bloomberg man<go>
    1. One team that comes to mind is derivatives. They have some quant people working from them. I am sure there are other teams but I don’t have any knowledge of that.
    2. BB pays for CFA.
    3. No idea of quants but I am getting many emails from hedge funds, asset management funds and other financial institutions for dev roles.

    If nothing works for you, you can always go back to FAANG. Google is notorious for hiring BB people. I get calls from recruiters from Google and Amazon so I assume you can switch whenever you want.
    Jul 4 4
    • Bloomberg / Eng 7bd92"
      ^ can confirm everything in this comment
      Jul 5
    • Goldman Sachs fake engineer
      Yea derivatives desks tend to be PhD heavy and are more involved with price modelling.

      That said, being good at stochastic calculus is I think pretty useless on the buy side and in big tech...Better to be a portfolio optimization or ML expert.
      Jul 6
    • Google gaygay
      May I ask why for buy side, better be ML expert? You mean machine learning? (I understand portfolio part)
      Jul 6
    • Goldman Sachs fake engineer
      A lot of quant teams are starting to hire ML people to try alternative (nonlinear) models. NLP is also very useful for parsing unstructured data to get non-commoditized signals.
      Jul 6
  • Microsoft whitetea
    An interesting post showed up recently that may cover some of your questions. Check out "Bloomberg team related to financial application". I'm in a similar position, also joining Bloomberg soon, good luck!
    Jul 3 2
    • Google sQNX36
      OP
      Thx! I just start to use this app. Yes obviously people have raised similar question! So seems new comer to BBG all have similar confusion lol
      Jul 3
    • Microsoft whitetea
      I personally plan to ask these questions once I join, at the beginning of my FSD training. I believe it's also in their interest to place you on a team where you will fit in, right?
      Jul 3
  • Susquehanna International / Eng Kristaps11
    If you’re looking to get into a quant firm as a dev you’re already set on the education side.

    If you’re looking to get into a quant then you’re probably short on the education side.

    If you’re looking to get in as a trader then it’ll be a coin toss. But trading roles are fewer and farther in between and the number of openings is generally shrinking.
    Jul 3 1
    • Google sQNX36
      OP
      Thx! I do need more education
      Jul 3
  • Bloomberg bsSlayer
    If you were at Google then you're gonna have a hard time adapting to BBG. It's a whole different world here 🤣🤣
    Jul 3 3
    • Google sQNX36
      OP
      How different? Can you elaborate?
      Jul 3
    • Bloomberg bsSlayer
      see the other thread about BBG on blind.
      Jul 3
    • Google sQNX36
      OP
      I’ve read other post. Except old tech stack, don’t see much difference? Both have great benefit and perks?
      Jul 3
  • Two Sigma / Eng mgre
    If you didn't get a Google return offer, you probably have room for improvement.
    Jul 3 1
    • Google sQNX36
      OP
      To be honest, it’s because il graduating this summer while google policy requires we should be back to school in order to be considered return.
      Jul 3
  • Informatica / Eng
    Hummie

    Informatica Eng

    PRE
    Amazon
    Hummiemore
    TC please?
    Jul 3 0

Salary
Comparison

    Real time salary information from verified employees