Quantitative Market Intelligence
Who We Are
Quantitative Market Intelligence (QMI) is a division of The USIT Foundation that focuses on leveraging relevant data in making strategic investment decisions. QMI was created to open applied data science education to all students who wish to learn how to create, analyze, visualize, and utilize financially relevant datasets. By giving students the opportunity to advance highly-sought after technical skills, create proprietary datasets, and develop quantitative trading strategies, QMI empowers its members to become quantitatively intelligent investors and business leaders.
QMI consists of Intelligence Analysts, Intelligence Leads, Directors of Technology and Finance, and Executive Director(s). All members of QMI are taught critical data science and financial analysis skills through weekly workshop-style lectures and a project-based curriculum by QMI Directors. Using acquired skills, members work on and complete advanced data collection, processing, and visualization tasks that culminate in the presentation of investible insights and position recommendations. Additionally, members partake in the research of multi-stock algorithmic trading strategies to identify systematic methods of alpha generation. Select Intelligence Analysts and other qualified members of USIT can progress to the Intelligence Lead position where they mentor and teach new QMI members in various project and workshop settings. Similarly, dedicated Intelligence Leads can become Directors in the organization and develop teams centered around their particular area of expertise.
How to Apply
QMI members are chosen through a competitive application and interview process each year. Applicants of all majors and all classes are welcome to join at the Intelligence Analyst level during the fall semester. The selection process begins with application and resume submission. Select applicants are then invited to participate in a short secondary submission and dinner. Finally, applicants who move on to the final stage interview with the Executive Directors, Directors of Technology, and Director of Finance. Candidates are not expected to have prior financial knowledge or technical skills but should demonstrate intellectual curiosity, a strong work ethic, and a commitment to education.
During the spring semester, Executive Directors, Directors of Technology, and Directors of Finance will be selected through a voting process. After elections, Directors will lead a rigorous application and interview process to select Intelligence Leads for the following year. While prior knowledge is not necessary to join QMI at the Intelligence Analyst level, candidates for all Director and Intelligence Lead positions must have demonstrated financial and technical skills through the Intelligence Analyst program, internships, competitions, or other extensive extracurricular experience.
While participation in SCG and QMI are not mutually exclusive, we highly discourage freshmen from committing to both the Junior Analyst and Intelligence Analyst positions given the stringent time requirements of both roles. However, applicants should feel free to apply to both programs. In fact, we encourage all members interested in engaging with USIT in a more involved manner to apply for membership into both groups.
Select meetings and workshops are open to all due-paying members of USIT. For more details on the times and locations of public meetings, please refer to our curriculum calendar.
Details on the 2019-2020 recruitment timeline and official website and curriculum will be released in late August.
Catherine enjoys contemporary poetry, medical mysteries, and Insider Food videos. She is a Business Honors and Finance Senior and has experience in venture capital, investment banking, and equity research. After analyzing cryptocurrencies at Susquehanna International Group, a global quantitative trading firm her Junior summer, she returned to New York and joined Evercore’s M&A Group in 2019.
Eric is a huge fan of diet soda, trying vegan food, and frozen yogurt (RIP Red Mango on Rio Grande). He is a Senior majoring in Business Honors, Finance, and Mathematics with experience in corporate finance, investment banking, and consulting. This past summer, Eric interned in management consulting with McKinsey & Company in Dallas and will be returning there next fall.
Directors of technology & finance
Intelligence Analysts are selected during the Fall of each academic year. Those interested in applying for a position within QMI should refer to the “How to Join” section and remain engaged with the USIT and QMI websites and social media pages for recruitment events and updates.
Each Intelligence Analyst class will consist of roughly 12-16 members across all classes and majors.