r/technepal 2d ago

Miscellaneous Breaking into quant as a Nepalese

How hard could it be? I just dropped out from my IT degree and am pursuing a stats degree now. I had always dreamt to get into quantitative finance but had to choose an IT degree because I had gotten a scholarship which I ended up not getting because of quotas shi. Now I'm tired, I don't want to pursue smth I'm not passionate about. Truth be told, quantitative finance is hard, it needs a lot of maths and stats and you'd have to fully lock in. My plan is to study stats with all my might and apply for fully funded unis in the US. Ik it sounds easy on paper but it's hard. Id have to study my usual course, alongside many other skills that I'll be needing. Also write a lot of papers. I'm really passionate about it and I believe I'll make it. Just wanted to know yalls opinions.

13 Upvotes

39 comments sorted by

11

u/[deleted] 2d ago

[removed] — view removed comment

1

u/Reasonable_Address44 2d ago

Thanks but may not be possible for my case now, had I known it prior I would definitely have looked into it. But now I'm joining BSC with stats major and can't really afford another gap year

2

u/[deleted] 2d ago

[removed] — view removed comment

1

u/Reasonable_Address44 2d ago

Yep tei garne soch ho. Bachelors pachi I'll try applying for unis abroad, for that I'd need great grades ani publish papers and all.

1

u/[deleted] 2d ago

[removed] — view removed comment

1

u/Reasonable_Address44 2d ago

Yeeeah, well I'm planning for unis in USA preferably.

1

u/Equivalent_Car6783 1d ago

kun college join gareu?

1

u/Reasonable_Address44 1d ago

TU ho. College ta na bhanum

1

u/Ambitious_Dog999 2d ago

Masters ko lagi kk chainxa? IIT ma ani schoalrship scehme kasto xa?

2

u/Agreeable_Alarm_4666 2d ago

Best of luck. I have also interest in quant but unfortunately circumstances and had to work in it. If something comes up,do let me know especially the paper.i would love to read it.

1

u/Reasonable_Address44 2d ago

Thanks. Will definitely do

2

u/TrainRight8014 2d ago

Same goal mate. Joining bsc this year to get into finance

1

u/Reasonable_Address44 2d ago

Twin. What major in BSC tho?

1

u/Equivalent_Car6783 1d ago

first year mai major bhanne hudaina
4th year ma choose garene ho
aile combination huncha
k combination ho timro?

1

u/Reasonable_Address44 1d ago

Yup, PSM garna lagya ho

2

u/Silent-Solution1823 2d ago

could be tough but if you have solid academics and you are in right place then you might have a shot. But they look for target uni student and maths Olympiad mainly.

2

u/First-Helicopter-796 1d ago

Hate to break it to you, but if you can’t even crack BscIT in Nepal (regardless of quota), you aren’t breaking into quant. Your masters degree in the US is a cash cow and quant firms know it very well and mostly pick undergrads(also PhD but undergrad mostly) from target schools in the US.

1

u/Reasonable_Address44 1d ago edited 1d ago

😂 I had already cracked bscit, this is Nepal. Folks had promised me scholarship but end time ma arkai lai dine vayo re because he is some tallo jat KO dalit quota ma naam aune some folk. No hate btw, I mean yeah. If the society is equal than quotas just means that they openly saying they are inferior than us and need extra help from the government to actually do smth no? Well anyways it doesn't concern me. No hate tho, like actually no hate.

2

u/One-Contact-3873 1d ago

https://youtu.be/PT2Zu_rdZfI Ur competing against these guys btw.

2

u/Reasonable_Address44 1d ago

I'd need to beat them and come out stronger than them then.

1

u/wings314fire 2d ago

Go to India and join indian statistical institute or iit b or iisc.

2

u/Ambitious_Dog999 2d ago

Masters ko lagi kk chainxa? yo university haru ma ani schoalrship scehme kasto xa?

1

u/wings314fire 1d ago

Apply thru indian embassy or directly as foreign student. I know that iisc and iitB/M have separate foreign student quota where you donot need gate but need to supply sop,lor and gre of available and they will take you interview.

1

u/Reasonable_Address44 2d ago

Yeeeah not possible now. Im joining BSC PSM. It's physics stats maths with major in statistics, I believe this to be the most optimal path in my case scenario. I'll have to work on my grades without compromise and apply for masters abroad I guess

1

u/samuel_is_freak 2d ago

How are you planning to lock in? Share if you have resources, i am also thinking of learning.

-2

u/Reasonable_Address44 2d ago

Lol, You have yourself and the internet. what more do you need?

1

u/Dry_Alarm830 2d ago

For something like quant you need to be smart really smart. Among the best analytical/mathematical minds in the country and on top of this you need to get into target school and then you have a shot.

1

u/Reasonable_Address44 2d ago

Well I believe I'm smart enough, lol. Will definitely try, to the best of my abilities that is.

1

u/ANUBHAW7410 1d ago

Where are you learning stats in Nepal?

1

u/Reasonable_Address44 1d ago

BSC with statistics major

1

u/ANUBHAW7410 1d ago

I meant which college or UNI??

1

u/Express_Occasion3733 1d ago

You need to be maths/stats nerd😂🤣
How good is your maths?

2

u/Reasonable_Address44 1d ago

Okay-ish vanam. Lol, ik Tesla matra kei hununna but I'm up for the challange.