India, May 8 -- Do you know how the price of a complex derivative is actually worked out? Or what goes into measuring risk across portfolios when markets turn volatile? Much of this happens through quantitative models that are built and applied behind the scenes. The domain of "quants", professionals who use mathematics, computing, and programming to price products, manage risk, and decode market movements.

Their role has grown significantly as global markets become more complex. From high-frequency trading to risk analytics, quantitative finance now sits at the centre of how modern financial systems operate.

The scale of the opportunity

The numbers tell the story. According to the Bank for International Settlements (BIS), global over-...