The three-stage, team-based WorldQuant BRAIN International Quant Championship (IQC) for 2024 has attracted many competitors, including 15,322 Indian students out of 37,300 global participants. The competition is aimed at students, academics, and professionals worldwide. By creating and backtesting alphas—mathematical models that aim to forecast future price movements of various financial instruments—participants in the IQC can put their quantitative skills to use in the nexus of data science and financial markets.
2491 Indian Students Reach Second Round at WorldQuant
Talented students can demonstrate their quantitative abilities in an engaging setting by participating in WorldQuant’s flagship IQC competition, which is a multinational quantitative asset management company. Teams that met the requirements have advanced to stage two of the national/regional round, and participants have finished stage one of the university round. Stage two qualifying teams comprised 5,645 participants; 2491 Indian students made it to the second round.
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The top-scoring teams from stage two will move on to the third round of the Global Finals later this year when they will compete in a live challenge and give a presentation to determine the ultimate IQC winners. The winning teams will receive USD 400,000 in cash prizes from the highest IQC prize pool. September 2024 is when the Global Finals are scheduled in Singapore.
Top talent is encouraged by the IQC 2024 competition
Top talent is encouraged by the IQC 2024 competition, which also offers them full-time and internship possibilities and future employment as research consultants. The WorldQuant BRAIN Research Consultant Programme, which provides access to data and tools, a flexible work environment, international learning opportunities, networking opportunities with other quants, competitions and merit-based compensation, and additional career opportunities, may extend an invitation to top performers in the IQC 2024.
Igor Tulchinsky, Founder, Chairman, and Chief Executive Officer of WorldQuant, stated, “We are thrilled to relaunch the annual IQC competition, enabling talented students from across the world to showcase their passion and quantitative skills in a riveting competitive environment.” “We hope this competition will encourage more people to take advantage of the exciting opportunities in the quantitative field. The IQC demonstrates WorldQuant’s commitment to engaging top talent worldwide.”
India Among Nations that Participate in IQC Most Frequently
According to the combined results of the teams that participated at each university, 34 universities in India are among the top 100 universities in the world. We are delighted to have participants from the Indian Institute of Technology Delhi (ranked #1 in the world), the Indian Institute of Technology Roorkee (ranked #5), the Indian Institute of Technology Madras (ranked #6), the National Institute of Technology Tiruchirappalli (ranked #2), and the Indian Institute of Technology BHU Varanasi (ranked #3). Students and talent interested in quantitative finance from all educational institutions, regardless of experience level, are invited to participate in the IQC. Previous IQC winners included academics from various universities, including the Indian Institute of Technology in India.
