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28-year-old PhD in quantitative finance researching in the US

By DA NANG Today / DA NANG Today
October 31, 2024, 17:27 [GMT+7]

With tireless dedication and a passion for mathematics nurtured from a young age, Le Thi Thu Nguyet, who was born in 1995, a former student of the Mathematics Education major at the Da Nang University of Science and Education, has recently completed her PhD in Applied Mathematics in the United States. She now works at JP Morgan Chase, one of the world’s leading financial corporations.

Le Thi Thu Nguyet completes PhD in Applied Mathematics in the U.S. and joins JP Morgan Chase. PHOTO: Nguyet with her father, who laid the first foundation for her passion for mathematics.
Le Thi Thu Nguyet completes PhD in Applied Mathematics in the U.S. and joins JP Morgan Chase. PHOTO: Nguyet with her father, who laid the first foundation for her passion for mathematics.

Tireless efforts

Coming from a family where both parents are mathematics teachers, Nguyet’s passion was influenced early on by them. In primary school, she quickly demonstrated a knack for numbers, frequently praised by her teachers for solving challenging problems that tested her abilities. This passion followed her through specialised math classes in junior, and senior high schools, and university, where she achieved numerous accolades, including being the top university entrant and graduate and winning two first prizes in the University of Da Nang’s Student Olympiad.

When asked about her secret to excelling in mathematics, Nguyet explained that there is no universal formula or shortcut to mastery. What matters is dedicating time each day to solving problems, understanding the connections between basic theorems, and avoiding rushing the process. This, she believes, leads to a deeper understanding and longer retention of knowledge.

Motivated by her love for mathematics and the desire to delve into data analysis and modelling, Nguyet dreamed of studying abroad while still at university. In her second year, she began preparing the necessary language certifications, personal statements, and academic records, applying to multiple American universities. By her fourth year, she was thrilled to receive a fully funded PhD scholarship in Topology from Indiana University, one of the top institutions in the United States. Upon graduating from university, Nguyet embarked on her journey to the US to pursue her dream in mathematics.

“The initial adjustment to a new environment was a cultural shock, making the first two years quite challenging. I considered transferring schools after a visit to bustling Los Angeles, despite knowing it could disrupt my future. By that point, I had already passed my doctoral qualifying exams and was on track to graduate in three years. However, transferring would mean retaking exams and meticulously planning for the future. Conversations with other students who secured post-PhD positions in the US introduced me to the field of ‘Quant’ (Quantitative Research), which captivated me with its promising prospects. Inspired, I applied to all schools offering this field and was fortunate to receive several offers, including scholarships covering all tuition and research stipends. I chose the University of Southern California, with a scholarship valued at over VND 10 billion for Applied Mathematics,” Nguyet said.

Seizing opportunities

In Applied Mathematics, Nguyet found her passion rekindled, dedicating 200% of her energy to her studies, passing all exams a year ahead of her peers. She published her first research in a top-tier journal and completed two consecutive scientific studies by her third year, meeting the criteria for early PhD completion.

Thanks to her outstanding achievements, Nguyet secured an internship in quantitative research at JP Morgan Chase, the largest bank in the US and a leading global financial institution headquartered in New York. Upon completing the internship, Nguyet was among the top-performing interns and received a full-time offer from JP Morgan Chase.

According to Nguyet, quantitative research is a fascinating field that requires strong mathematical and programming skills. Every day, Nguyet tackles problems by employing various approaches, such as data analysis or mathematical models, to find solutions. This job demands intense focus, problem-solving ability, quick thinking, and proficient programming skills. In the future, Nguyet hopes to deepen her expertise in quantitative finance.

During her years in the US, Nguyet had the opportunity to attend conferences and scientific forums. This experience connected her with local and international students who shared her passion for mathematics, allowing her to mentor and inspire others. Many young people gained the motivation and confidence to make sound decisions for their futures. “Besides self-driven efforts, I am always grateful for the support from family, teachers, and friends. Their invaluable companionship gave me the courage to pursue my dreams and recognise my strengths,” Nguyet shared.

Reporting by TUONG VY- Translating by TRUC VY

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