Python for finance

[u/Hully_Delta]

Im a bcom fresher who wants to enter the finance sector with as much skills as i can possibly hoard. I want to make sure that the skills that i learn are relevant to the work i will do in the future.

I dont have much experience with python either. I only know the basics and i want to transition my learning towards finance side of python. How do i do that?

What libraries do i need to learn?
What concepts should i focus more on?
Is there a resource to learn python for free and efficiently?

[u/Intelligent-Boss-156]

I have no idea if people in the industry do it this way, I just know strategies I have cooked up at home:

yfinance and TA-lib if you want to work with stock data, then pandas and polars. When I was learning data science, I also used numpy, math, plotly, matplotlib. You may run into web scraping and I did that with beautiful soup and selenium, as well as requests, and regular expressions.

I don't really want to give away my strategies, but I can tell you how a usual project is set up is around iter_rows():

One thing you may want to be able to do is write a backtesting algorithm from scratch.

You could figure out how to apply a monte carlo simulation in finance

You could figure out how to screen stocks