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Software developers usually have a bachelor’s degree in computer science and strong computer programming skills.Education
Software developers usually have a bachelor’s degree, typically in computer science, software engineering, or a related field. A degree in mathematics is also acceptable. Computer science degree programs are the most common, because they tend to cover a broad range of topics. Students should focus on classes related to building software in order to better prepare themselves for work in the occupation. For some positions, employers may prefer a master’s degree.
Although writing code is not their first priority, developers must have a strong background in computer programming. They usually gain this experience in school. Throughout their career, developers must keep up to date on new tools and computer languages.
Software developers also need skills related to the industry in which they work. Developers working in a bank, for example, should have knowledge of finance so that they can understand a bank’s computing needs.Other Experience
Many students gain experience in software development by completing an internship at a software company while in college.
Some software developers first work as computer programmers and then are given more responsibility as they gain experience. Eventually, they become developers.Advancement
Software developers can advance to become information technology (IT) project managers, also called computer and information systems managers, a position in which they oversee the software development process.Important Qualities
Analytical skills. Developers must analyze users’ needs and then design software to meet those needs.
Communication skills. Developers must be able to give clear instructions to others working on a project. They must also explain to their customers how the software works and answer any questions that arise.
Computer skills. Developers must understand computer capabilities and programming languages in order to design effective software.
Creativity. Developers are the creative minds behind new computer software.
Detail oriented. Developers often work on many parts of an application or system at the same time and must therefore be able to concentrate and pay attention to detail.
Interpersonal skills. Software developers must be able to work well with others who contribute to designing, developing, and programming successful software.
Problem-solving skills. Because developers are in charge of software from beginning to end, they must be able to solve problems that arise throughout the design process.
Average Length of Employment
Top Careers Before Finance Engineer
Top Careers After Finance Engineer
Hispanic or Latino6.7%
Black or African American0.6%
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Johns Hopkins University16.2%
University of Chicago13.5%
Georgia Institute of Technology -6.8%
George Washington University6.8%
University of Michigan - Ann Arbor5.4%
University of Washington4.1%
Illinois Institute of Technology4.1%
James Madison University4.1%
University of Rochester2.7%
New York University2.7%
University of California - Los Angeles2.7%
University of Nebraska at Omaha2.7%
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|Job Title||Company||Location||Start Date||Salary|
|Global Equities IT Financial Engineer||Citadel LLC||Chicago, IL||Sep 03, 2015||$200,000|
|Director of Finance, Engineering and Product||Twitter, Inc.||San Francisco, CA||Jun 01, 2015||$200,000|
|Director of Financial Engineering||Numerix LLC||New York, NY||Apr 21, 2016||$187,500|
|Execution Financial Engineer||Citadel LLC||Chicago, IL||Oct 08, 2016||$175,000|
|Director of Financial Engineering||Numerix LLC||New York, NY||Aug 25, 2015||$175,000|
|Director/Senior Financial Engineer||Numerix LLC||New York, NY||Sep 26, 2015||$160,000|
|Financial Engineer||Tilden Park Capital Management LP||New York, NY||Mar 09, 2016||$150,000|
|Financial Engineer||Citadel LLC||New York, NY||Nov 16, 2016||$150,000|
|Senior Financial Engineer||V3 Markets, LLC||Chicago, IL||Sep 08, 2015||$150,000|
|Senior Financial Engineer||Port 22 LLC||Chicago, IL||May 16, 2016||$150,000|
|Financial Engineer||Citadel LLC||Chicago, IL||Nov 06, 2015||$150,000|
|Financial Engineer||Citadel LLC||Chicago, IL||Aug 16, 2016||$150,000|
|Financial Engineer||CTC Trading Group, LLC||Chicago, IL||Jun 07, 2016||$150,000|
|Associate Director-Senior Financial Engineer||Moody's Analytics, Inc.||New York, NY||Jan 16, 2015||$116,665|
|Associate, Financial Engineering||FMR LLC||Boston, MA||Jan 28, 2016||$115,400|
|Associate Financial Engineer||CTC Trading Group, LLC||Chicago, IL||Jan 19, 2015||$115,000|
|Senior Financial Engineer||V3 Markets||Chicago, IL||Mar 20, 2015||$115,000|
|Financial Engineer, Structured Analytics and Valuation||Moody's Analytics||New York, NY||Aug 12, 2015||$110,000|
|Financial Engineer||Quantitative Risk Management||Chicago, IL||Jan 08, 2015||$110,000|
|Financial Engineer||Citadel LLC||Chicago, IL||Mar 26, 2015||$110,000|
|Financial Engineer||Moody's Investors Service, Inc.||New York, NY||Feb 09, 2016||$110,000|
|Associate Director, Financial Engineer||The Bank of Nova Scotia||New York, NY||May 04, 2015||$89,500 -
|Financial Engineer||Fannie Mae||Washington, DC||Jun 28, 2016||$88,500 -
|Financial Engineer||Fannie Mae||Washington, DC||Feb 11, 2016||$88,500 -
|Financial Engineer||Gifford Fong Associates||Lafayette, CA||Aug 27, 2015||$88,000|
|Financial Engineer||Federal National Mortgage Association||Washington, DC||Aug 05, 2015||$88,000 -
|Financial Engineer||Federal National Mortgage Association||Washington, DC||Oct 26, 2015||$88,000 -
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