The International Association of Quantitative Finance (IAQF) is dedicated to helping those aiming to advance their career in quantitative financial analysis broaden their horizons. The International Association of Quantitative Finance operates both as a society of professional peers and a source of platforms for various quantitative finance discussions.

Resource: 25 Great Master of Financial Engineering Programs 2015

Background and Purpose

The society was originally founded in the year 1992, and since then, it has been joined by thousands of practitioners and professors. The organization is a not-for-profit society composed of professional veterans in a multitude of disciplines including regulation, consultation, accounting, asset management, technological science, banking, and hedge fund management.

The society serves professionals in the financial community by providing forums for think tanks, debates, and education. The organization not only works to help professionals stay updated while exchanging ideas, but also to formally recognize the success of those with particularly impressive achievements.

Since its creation, the IAQF has served as a support beam for the evolution of quantitative finance and practitioners depth of understanding about the subject. The society is continually updated in accordance to the most pressings needs of the financial engineering industry as a whole.

Monthly Committee Discussions

The organization has a number of specialized local programs. The programs are headed by committees that contribute their knowledge to discussion panels on a monthly basis. It is during the monthly committee discussion that the Financial Engineer of the Year is recognized with an award.

Because the organization provides numerous activities for professionals from different practice disciplines to socialize with, attendees have many opportunities for networking and building new relationships with colleagues.

Interest Areas

The society has specialized panels dedicated to a variety of different specific interest areas. The interest areas include asset/liability management, behavioral finance, credit risk modeling, econometrics, high frequency trading, market risk modeling, operational risk, quantitative trading, risk/performance attribution, and other related fields.

Publications

The association has offers four publications for professionals to keep current with. The publications are the Journal of Derivatives (JOD), the Journal of Finance Engineering, the Papers and Presentations Library, and its own circulation of books written by association members with various kinds of expertise.

The Journal of Financial Engineers is contributed to by some of the most prominent officials in the financial engineering field. Through the expertise of its contributing authors, this journal serves as a strong resource for new professionals just entering the association for the first time.

The JOD is the International Association of Financial Engineers’ official publication, and it is offered to all members at a discounted rate. The Journal of Derivatives is released on a quarterly basis. As the successor to the Journal of Engineering, it offers members a variety of articles in various fields such as risk management.

In its Papers and Presentation Library, members have access to reports from new research projects, white papers published in the field, and transcripts of presentations. The society’s book store gives members access to new high-value publications in financial engineering.