Pulse logo
Pulse Region
ADVERTISEMENT

What is a 'Quant'? Multi-million dollar field where Kenyan John Tingoi is now a global star

Chuka University's John Tingoi beat over 80,000 global competitors in a high-stakes financial contest. We break down the secret world of 'quants' and how they make millions by predicting the markets.
Kenyan John Tingoi ranked third out of more than 80,000 global participants in the 2025 International Quant Championship (IQC)
Kenyan John Tingoi ranked third out of more than 80,000 global participants in the 2025 International Quant Championship (IQC)

A Kenyan student has secured a top position in one of the world's most demanding financial competitions, placing a spotlight on the elite and highly lucrative field of quantitative analysis.

John Tingoi, a student from Chuka University, finished third out of more than 80,000 global participants in the 2025 International Quant Championship (IQC).

His achievement places him among the world's brightest emerging talents in a discipline that powers global markets.

But what exactly is a 'quant', and what does it take to excel in this multi-million dollar industry?

Recommended For You

What is a Quantitative Analyst?

ADVERTISEMENT

A quantitative analyst, or 'quant', is an expert who uses advanced maths and computer skills to solve financial puzzles.

Think of them as financial detectives.

Their main job is to look at huge amounts of information about the market and find hidden patterns.

These patterns help them predict whether stock prices will go up or down.

Quants predict the movement of the stock market

Quants predict the movement of the stock market

ADVERTISEMENT

They create smart systems, or 'models', that big financial companies use to make important decisions worth billions of shillings.

They are often called the 'rocket scientists of the financial world' because their work is so complex and requires a deep understanding of numbers, programming, and how money works.

A quant's work can be broken down into three main jobs:

1. Teaching computers to trade

ADVERTISEMENT

Quants create smart computer programs that can buy and sell stocks automatically.

These programs can spot opportunities and make thousands of trades in a matter of seconds, much faster than any human could.

This helps companies make money from very small, rapid changes in the market.

2. Figuring out the true price of things

Some investments are very complicated, making it hard to know their real value.

ADVERTISEMENT

Quants build special mathematical tools to calculate the exact, fair price for these complex investments.

This helps companies avoid overpaying or selling for too little.

3. Protecting a company's money

Quants act as a company's financial defence.

They build systems that look for potential dangers in the market.

ADVERTISEMENT

By testing for 'what if' situations, like a sudden market crash, their systems can warn the company of risks and help prevent massive losses.

What John Tingoi had to do to win IQC 2025

The competition John Tingoi excelled in is a global contest to find who can build the best systems for predicting the stock market.

John Tingoi (right) with Chuka University Vice-Chancellor Prof. Henry Mutembei

John Tingoi (right) with Chuka University Vice-Chancellor Prof. Henry Mutembei

Participants are given past market information and must create a set of rules, known as an 'alpha', that tries to forecast how prices will move in the future.

ADVERTISEMENT

Creating a winning 'alpha' is like creating a secret recipe that works better than everyone else's.

The competition attracts the smartest minds from top universities worldwide.

To finish third in a field of over 80,000 global participants is a statistical near-impossibility.

This result places John Tingoi in the top 0.004% of competitors, proving his method for predicting the market was not just effective, but decisively superior to those crafted by tens of thousands of his peers.

ADVERTISEMENT

A high-stakes, high-reward profession

Quants are paid extremely well because their skills directly create huge value.

A successful trading system can earn a company hundreds of millions of dollars.

Quants are paid extremely well because their skills directly create huge value for companies

Quants are paid extremely well because their skills directly create huge value for companies

A good system for managing risk can save a company from losing just as much.

ADVERTISEMENT

Because their work is so important to a company's profits, the best quants are in very high demand.

They often earn multi-million dollar salaries, which include bonuses based on how much money their systems make.

This link between performance and reward is exemplified by Tingoi's victory.

For securing third place in the Global Finals, he won a cash prize of $8000 (Sh1.03 million). 

What Tingoi's win means for Kenya

ADVERTISEMENT

John Tingoi's success is more than just a personal win; it shows that Kenya has world-class talent in the fields of science, technology, engineering, and maths (STEM).

John Tingoi

John Tingoi

It proves that students from Kenyan universities can take on the best in the world and come out on top.

His achievement is an inspiration to young Kenyans, showing them that it is possible to build a career in the most advanced and competitive global industries.

It puts Kenya on the map as a place where the next generation of top experts and innovators can be found.

ADVERTISEMENT

In becoming a global star, Tingoi has opened doors and raised the bar for what is possible.

Subscribe to receive daily news updates.