Futures Trading, STEM, and the Boy Scouts

Science Technology Engineering Math (STEM) recently was highlighted in Market Voice Magazine with a program involving the Chicago area Boy Scouts.  There are a few points that I want to highlight about both Scouting and STEM.

  1. Boy Scouts has a program called Venturing, or Venture Crews. Venture Scouts are young men and women ages 14 to 21.
  2. STEM isn’t for men only. We need diversity of all types in STEM.
  3. STEM isn’t only “T”. The Science, Engineering, and Math are important too!

Recent conversations with Neurensic’s head of development Michelle Fowler emphasized this point. She stated “Diversity in teams offers different points of view when discussing problems and often a fresh perspective leads to better decisions. Having a greater number of women has been proven to create higher returns on investment for companies. It’s also important to emphasize diversity of nationalities, ethnicities, social economic status, etc, because all of those people have knowledge and experience to bring to the table.Neurensic’s diverse team has proven this to be true.

In the recent Futures Industry Association meeting for technology and operations committee members we discussed the need to recruit more women into our industry, and especially into our STEM related careers.

So where does STEM apply to the trading industry? Consider the following careers:

  1. Data Science
  2. Machine Learning
  3. Software Engineering
  4. Information Security
  5. Risk Management
  6. Risk Modelling
  7. Financial Engineering
  8. Network Engineering
  9. Testing & Quality Assurance
  10. Project Management
  11. Finance
  12. Compliance
  13. Operations
  14. and more.

My career would be considerably less rewarding and successful without the women who helped as mentors, coaches, teammates, team members, or interns along the way. I once followed an amazing manager who was both ethical, encouraging, and supportive to a new job at a new firm. I have never regretted that decision. I still seek her counsel to this day. My hope is that all the new entrants into our industry have the same opportunities and can appreciate the help of others of all backgrounds.

As an industry we need more STEM outreaches to youth. I applaud the work of the Boy Scouts and our industry in Chicago. Great start. Let’s continue the reach out to high school students and college students. Let’s show them that there are exciting careers in our industry.

More information about STEM can be found at: http://www.ed.gov/stem

#Adventure #fintech #action

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