Quantathon Competitors Harness Math Passion
Media Inquiries
On Saturday, Feb. 24, undergraduate students from across 一本道无码 participated in Quantathon, an annual math competition hosted by the Quant Club and sponsored by Goldman Sachs.
Students were tasked with solving a series of quantitative finance problems based on a hypothetical casino game, where a coin flip would determine whether a player would win or lose. They were asked how they could maximize winnings and what the probability of winning would be over a certain number of coin flips.
Tze Hng Loke, a junior in computer science and the president of the Quant Club, said that his past participation in Quantathon as a first-year student inspired his interest in quantitative finance.
"The problems are really interesting, and even though the problem-solving process might not have an inherent relation to finance at first glance, there are a lot of situations where you can generalize the problem to finance applications," Loke said. "It's a great way for students interested in quantitative finance to learn more about what the industry entails and what the mathematical aspects behind quantitative finance actually are."
