Rocket Scientist


Rocket Scientist
In the world of finance, these are people with science and math degrees who work in the finance field building highly advanced quantitative finance models. These models help banking, insurance and investment firms to price financial instruments.

If an investment firm hires a PhD student with a background in theoretical physics to create a model that prices futures and options, that person would be considered a "rocket scientist" by the traders in the investment firm because of the complexity and skill required to create these models that help traders of futures and options.


Investment dictionary. . 2012.

Look at other dictionaries:

  • rocket scientist — rocket .scientist n 1.) it doesn t take a rocket scientist (to do sth) informal used humorously to emphasize that something is easy to do or understand ▪ It doesn t take a rocket scientist to work out that doubling productivity will improve… …   Dictionary of contemporary English

  • rocket scientist — rocket scientists 1) N COUNT A rocket scientist is someone whose job is to design and develop spacecraft. 2) N COUNT: with brd neg If you say that it does not take a rocket scientist to do something, you mean that you do not have to be clever to… …   English dictionary

  • Rocket scientist — Rock et sci en*tist, n. a very intelligent person; used mostly in the phrases: you don t have to be a rocket scientist to . . . and it doesn t take a rocket scientist to . . . , meaning that the subject that follows is easy to understand. [PJC] …   The Collaborative International Dictionary of English

  • rocket scientist — n. Informal a scientist specializing in rocketry: now chiefly a figurative or ironic usage in negative constructions [it doesn t take a rocket scientist to figure this out] …   English World dictionary

  • rocket scientist — ► NOUN informal, chiefly N. Amer. ▪ a very intelligent person …   English terms dictionary

  • rocket scientist — noun 1. a clever thinker you do not have to be a rocket scientist to figure that out • Hypernyms: ↑thinker 2. an engineer who builds and tests rockets • Syn: ↑rocket engineer • Hypernyms: ↑engineer, ↑ …   Useful english dictionary

  • rocket scientist — An employee of an investment firm (often having a Ph.D. in physics or mathematics) that works on highly mathematic models of derivative pricing. Bloomberg Financial Dictionary * * * rocket scientist ˈrocket ˌscientist noun [countable] informal… …   Financial and business terms

  • rocket scientist — noun a) One specializing in the science or study of rockets and rocketry You dont have to be a rocket scientist to see that that idea wont work. b) Someone qualified to understand or handle that which is overly complex, detailed or confusing; a …   Wiktionary

  • rocket scientist — See: rocket science …   English dictionary

  • rocket scientist — 1. a specialist in rocketry. 2. an exemplar of keen intelligence, esp. mathematical ability. * * * …   Universalium


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