Haha, awesome thought that you've brought up here.
I bet we will start to see title inflation as a result as well- that is to say, it is not that more highly skilled quants will be hired, but rather run-of-the-mill employees will be branded and marketed as "quants"
I've noticed this drift everywhere:
-Sales people are now "product evangelists" or "product specialists"
-Operations employees who do accounts payable or receivable are now "Finance Analysts" (seriously)
-HR are now "Human Capital Analysts"
-And virtually everyone is now "Senior" or "Lead" or even "Manager" (of some process, not of necessarily employees)
So, I guess we shouldn't be surprised when someone fresh out of college who more or less guesses on stock picks with the firm's money and some fancy charts are now hailed as "HIGHLY SKILLED QUANTITATIVE ANALYSTS"
I bet we will start to see title inflation as a result as well- that is to say, it is not that more highly skilled quants will be hired, but rather run-of-the-mill employees will be branded and marketed as "quants"
I've noticed this drift everywhere:
-Sales people are now "product evangelists" or "product specialists"
-Operations employees who do accounts payable or receivable are now "Finance Analysts" (seriously)
-HR are now "Human Capital Analysts"
-And virtually everyone is now "Senior" or "Lead" or even "Manager" (of some process, not of necessarily employees)
So, I guess we shouldn't be surprised when someone fresh out of college who more or less guesses on stock picks with the firm's money and some fancy charts are now hailed as "HIGHLY SKILLED QUANTITATIVE ANALYSTS"