diff --git a/README.md b/README.md
index 6d8378da..cbf38a59 100644
--- a/README.md
+++ b/README.md
@@ -12,6 +12,7 @@ Please refer to [Goldman Sachs Developer](https://developer.gs.com/docs/gsquant/
 
 * Python 3.6 or greater
 * Access to PIP package manager
+* Client ID and secret for API access (for institutional clients)
 
 ## Installation
 
@@ -19,13 +20,72 @@ Please refer to [Goldman Sachs Developer](https://developer.gs.com/docs/gsquant/
 pip install gs-quant
 ```
 
+## Development Setup
+* 1. Clone the Repository
+```
+git clone https://github.com/your-organization/gs-quant.git
+cd gs-quant
+```
+
+* 2. Create a Virtual Environment
+```
+python -m venv env
+source env/bin/activate  # On Windows use `env\Scripts\activate`
+```
+
+* 3. Install Dependencies
+```
+pip install -r requirements.txt
+```
+
+* 4. Install GS Quant Locally
+```
+pip install -e .
+```
+
+## Building the Project
+If the project requires a build step, describe it here. For example:
+
+```
+# Example build command
+python setup.py build
+```
+
+## Running Tests
+To run tests, use the following command:
+```
+pytest
+```
+Make sure to run tests before submitting any changes.
+
+
+## Contributing
+Contributions are welcome! Please follow these guidelines:
+1.) Fork the Repository: Use the GitHub interface to fork the repository to your own account.
+2.) Create a Branch: Create a feature branch for your changes
+```
+git checkout -b feature/your-feature-name
+```
+
+3.) Commit Your Changes: Write descriptive commit messages.
+```
+git commit -m "Add feature X"
+```
+
+4.) Push to Your Fork: Push your changes to your forked repository.
+```
+git push origin feature/your-feature-name
+```
+
+5.) Submit a Pull Request: Go to the original repository on GitHub and submit a pull request.
+
+Please see [CONTRIBUTING](CONTRIBUTING.md) for more details.
+ 
 ## Examples
 
 You can find examples, guides and tutorials in the respective folders as well as on [Goldman Sachs Developer](https://developer.gs.com/docs/gsquant/).
 
-## Contributions
 
-Contributions are encouraged! Please see [CONTRIBUTING](CONTRIBUTING.md) for more details.
 
 ## Help