Anmol Vittal Chavan
MEng Concentration: Financial Engineering
Anticipated Graduation Date: December 2016
Areas of Interest: Fund Management, Risk management, Alternative investments, Trading
Anmol Chavan Vittal graduated from Purdue University, Indiana with a bachelor’s degree in Electrical and Computer Engineering and minors in Economics and Entrepreneurship. While studying at Purdue, he took a graduate level economics course in which he was introduced to mathematical finance and risk management through discussions with his professor.
Anmol’s interest in the concepts of engineering, mathematics and economics has equipped him with a solid foundation for comprehending the field of quantitative finance. His interests were further strengthened after reading books about the subject and participating in a technical analysis workshop, leading to the application of several trading strategies on the National Stock Exchange in India and virtual trading games.
Having found a keen interest in asset management, he implemented an Equity Long/Short Low Beta strategy to select large and mid cap stocks in MATLAB using the concepts of optimization, risk management and performance evaluation. The strategy was able to generate an alpha of 2.7% per year over a five-year period.
Over the course of his internship in the International Equities Division of Lebenthal Asset Management, he worked with the portfolio manager and the chief strategist on global quantitative portfolio strategies and quant research. Apart from working on projects like implementing time series models for currencies and commodities strategies, he has also taken a hedge fund course called Advanced Investment Strategies at the management school at Cornell to better understand sophisticated quant strategies.
As a part of Purdue’s entrepreneurship program, he had the opportunity to pitch business ideas to venture capitalists thereby enhancing his ability to communicate an idea across in an engaging and effective manner. As someone who values creativity, he has been an active member in art clubs for about 10 years by painting for exhibitions. Additionally he has a black belt in karate after which he trained a class of 40 students.
Anmol has worked as a research assistant for two years at Purdue in electrical engineering and robotics where he had to proactively express views on complex issues. This involved a lot of self-motivated work requiring attention to detail. He presented his findings to professors and PhD students, and co-authored a research paper for a leading scientific journal based on his work.