How France hangs on to its tech talent
Nicholas Pratt looks at how this is done.
France has emerged as one of the fastest-growing jurisdictions for artificial intelligence (AI) fintechs thanks to a combination of government support, financial services sponsorship and a healthy pipeline of AI-minded graduates.
But while resources have gone into creating a steady flow of AI start-ups, the focus is now turning to the best way to ensure the start-ups stay in France and that graduates are not tempted away to more lucrative offers overseas.
There are currently more than 450 AI-based start-ups registered in France, many of them in financial services and the asset management market in particular.
Quant Guide 2021: Paris-Sorbonne University/Ecole Polytechnique
Paris, France
The Master’s in Probability in Finance, hosted jointly by Sorbonne University and Ecole Polytechnique, climbs two places in this year’s Quant Guide, to 16
th – the third-highest European programme featured.
The course lasts one academic year, across two semesters and an industry internship. The first semester includes classes in probability and optimisation, derivatives, econometrics, and European Union markets. The second semester involves more advanced material, with classes on stochastic algorithms, US options, parallel computing, high-frequency trading and machine learning.
A set of introductory ‘refresher’ classes are also available, prior to the beginning of the first semester, for students who want to revisit the fundamentals of quant finance.
How France hangs on to its tech talent
Nicholas Pratt looks at how this is done.
France has emerged as one of the fastest-growing jurisdictions for artificial intelligence (AI) fintechs thanks to a combination of government support, financial services sponsorship and a healthy pipeline of AI-minded graduates.
But while resources have gone into creating a steady flow of AI start-ups, the focus is now turning to the best way to ensure the start-ups stay in France and that graduates are not tempted away to more lucrative offers overseas.
There are currently more than 450 AI-based start-ups registered in France, many of them in financial services and the asset management market in particular.