Meet Amit De

Education: PhD in Mathematics 
Position: Senior Quantitative Analyst
Employed since: 2013
Fun fact: I have recently taken up fencing

MY BACKGROUND

Although a Bengali (which is to say my family hails from the eastern part of India), I was born and grew up in New Delhi (which is in the northern part of India). I learned quite early that I am fairly competent at three things: mathematics, physics and boxing. Fortunately, for everyone concerned, including myself, I chose to pursue the first two. I spent five years in the south of India in Chennai, where I did my Bachelor's and Master's in Mathematics – thanks to a rigorous curriculum I learned a good deal of my chosen subject and a grand total of four words in Tamil. Then came the time to consider where to go for my PhD – I had heard of Aarhus University and while doing a little bit of research, I realised that Aarhus had a group that worked in an area where math and physics intersect – and when you spend your teenage years worshipping people like Feynman, and an opportunity like this beckons, you don’t wait, you go. And so I went, venturing out of India for the first time in my life to a place half a world away and here I am nine years later working for DC in possibly the hippest city in Europe.

Amit De

WHY I WANTED TO WORK FOR DC

After doing my PhD, I wanted to work in a company that had a creative and innovative atmosphere, but where people did not jump the gun – there had to be thoroughness as well. I found out these qualities define DC, and so here I am. And I must say, I have not regretted my decision for even a single hour of a single day that I work here.

This is genuinely my idea of FUN and this is precisely my job and indeed my hobby. So let’s see – I get paid to have fun, responsibly! Need I say anything more?

Amit De, Senior Quantitative Analyst

WHAT I DO

I am a Quantitative Analyst in Risk Management and like all other quants in my group, the responsibilities are myriad and varied. One of my chief responsibilities is to create quality forward curves for power and gas – that basically means giving an expectation of what 1 MWh of electricity might cost in the 3rd hour of the 4th day of July 2024 in Germany. Other than that, I make mathematical models that allow us to quantify probabilistically the risk that might be associated with a business case, or the risk that might be taken up by a team.  

MY TYPICAL WORK DAY

This is slightly problematic to answer because I don’t have a typical work day – some days I’ll be working on the forward curves, on another I’ll be neck deep analysing a business case and quantifying, on another day I’ll be given responsibility to come up with a new mathematical model for a previously unstudied phenomenon to aid better risk control – but as William Cowper put it in 1785, echoing the sentiments of Euripedes:

Variety's the very spice of life,
That gives it all its flavour.”

Amit De

THE BEST PART OF MY JOB

Well, let’s see. Mathematical modelling involves analysing a phenomenon, breaking it apart as it were and choosing the salient features, modelling them with mathematics, thus creating a mathematical. This is genuinely my idea of FUN and this is precisely my job and indeed my hobby. So let’s see – I get paid to have fun, responsibly! Need I say anything more? In addition, DC is a company of vibrant, innovative and creative people and this reflects the way DC goes about its business. There are no boring people here. There’s a new perspective in every corner – now, one could agree or disagree (sometimes even with vehemence), but a lack of stimulus is simply not a phenomenon encountered here… And on a lighter note, the coffee is awesome, which is prerequisite for a person like me – if there was a coffee drinking competition in DC, having established a personal record of 14 espresso ristretto double shots during a working day, with an average of 6 cappuccino double shots a day, I reckon I’d be in with a shot at the top prize.

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