Banks will struggle to fill top quant roles, says Andreasen

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'Muppets': Quant chief derides standard of younger generation of quants

A top quantitative analyst has complained that the standard of applicants for quant jobs has declined sharply since the subject's heyday, and has pointed the finger at slipping educational standards.

Jesper Andreasen, Copenhagen-based universal head of quantitative analytics at Danske Bank, says the new generation of quants are incapable of independent thought, with education programmes doing little to encourage creative problem-solving. As a result, banks will be unable to adequately fill the

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