Masters in finance jobs structured products teams are seeking

Structured products teams are seeking masters in finance expertise after derivatives turnover hit record highs in April 2024, surpassing $12 trillion in notional value traded globally. Even if a model hits 100% on Mercor's benchmark, it would probably make a poor substitute for human professionals. The tasks in Mercor's benchmark focus on "well scoped deliverables," such as making diagnoses or building financial models, rather than more open-ended tasks which might admit multiple right answers. This requires that the task descriptions include numerous assumptions needed to ensure that the desired output is well specified. The AIs' outputs are entirely text-based, meaning that the benchmark doesn't test AIs’ ability to use a computer, the way that a human worker would. (Mercor says that future versions of APEX will address these limitations.) And drafting the lengthy prompts needed for models to complete the tasks "would be more tedious than just doing it yourself," says Seck. “Villanova checked all the boxes for me,” Grant says. “It was a one-year program, so I could pivot quickly, their MSF alumni had placed well throughout the industry, and the resources offered were exactly what I was looking for to polish up my resume and skill set. Overall, Villanova made sense financially and professionally.” Employers prefer candidates adept at scenario analysis, especially for mid-cap growth stocks.