Calculated Conversations: Curiosity is a Quant's Best Asset, with Professor Jörg Kienitz (UCT)
Prof. Kienitz discusses balancing roles in academia and industry, why deep technical research informs practical finance, and how combining precision (math) with creativity (photography) leads to sharper thinking.
In a field known for complexity, Prof. Jörg Kienitz makes it practical, personal, and even a bit poetic. Prof. Kienitz is a name you will find in both the boardroom and the classroom. He is a Director at m|rig GmbH, a Quant Researcher at Standard Bank, and teaches at both the University of Cape Town and the University of Wuppertal. His work bridges deep technical research, practical finance, and high-level model validation, all while mentoring the next generation of quants. But there is more to him than equations and code, he is also a nature photographer, reminding us that creativity and precision are not opposites. I had the privilege of speaking to him for Calculated Conversations…
You are active in both industry and academia. How do your roles at m|rig GmbH, Standard Bank, and the University of Cape Town influence one another?
The academic roles are more of a hobby. I supervise a PhD student and teach Masterclasses as part of my work at AIFMRM. At the University of Wuppertal, I guide Master’s thesis projects, exploring areas of quantitative finance research. Supervising PhD students allows me to dive deep into topics without getting bogged down in derivations or programming. It is more about guiding, generating ideas, and overcoming research hurdles. On the industry side, those roles pay the bills, but practical work often inspires the academic side, giving a deeper understanding of real-world model applications.
For someone considering a career as a quant or financial engineer, what foundational skills or mindsets should they focus on early?
Curiosity is essential. It helps you push through tough phases, whether grappling with complex math or debugging code. Programming can be frustrating, like hunting for hidden bugs, but persistence pays off. The satisfaction of solving a problem is its own reward, though you should ensure you are properly compensated for your problem-solving skills.