Recent content by samiam

  1. Sylvain Raynes: The State of Financial Engineering

    I disagree with the notion that finance cannot be mathematically modeled because it is governed by irrational group behavior, political policies, social phenomena, at least in the equities space. I'll just speak from my experience as I'm not qualified to talk about derivatives or mortgages and...
  2. Sylvain Raynes: The State of Financial Engineering

    Edit... Yes like Professor Raynes states, in the early days bridges collapsed and planes crashed. Doesn't mean engineers didn't change history. But I have to admit, pretty costly baby steps.
  3. Sylvain Raynes: The State of Financial Engineering

    Well as a loose example, options market makers like to recruit engineering/physics/math majors. Yeah sure, the MFE is overkill, but I noticed for positions like this they like people who can do math (well more like elementary calculations far away from the level of PDE's, etc) and do it very...
  4. B's in the core math requirement classes

    Thanks Carl. I know there is no hard requirement other than the taking and passing of the courses itself. I was just wondering if it's almost an unwritten rule that you need to have A's in the core classes. Sort of like needing to show the 800 in the math GRE to be considered as a serious...
  5. B's in the core math requirement classes

    Do you need to have all A's in the following to get into MFE: Linear Algebra , ODE, Calc 3, and Probability? These are the only classes I have finished before I apply. No other math courses besided Calc 1 and 2 and Stat 1 and 2, which was a long time ago. What if you have a couple or more...
  6. Sylvain Raynes: The State of Financial Engineering

    So has it been a specific truth in the current market condition that quants have "once ensconced in their jobs, they are quickly marginalized and relegated to the role of glorified programmer until being eliminated in the next headcount reduction because (with unfortunate justification) they are...
  7. Accounting or Computer Information Systems??

    What do you mean after August 2009 you will need 150 credit hours? Have they changed the requirements to sit for the CPA exam? I think the 150 credit hours refers to all of the credits you need to take the test (basically an undergraduate business degree) of which a certain portion will have...
  8. Accounting or Computer Information Systems??

    Just my opinion but since you already have a BBA in Finance, why the need for an MS in Accounting? I pretty much consider those two degrees almost similar in skill set and I believe the business world does too, unless you are targeting working for a big 4 accounting firm which of course would...
  9. Chinese exploit western (finance) job losses

    I figure one of the best investments I can make is to learn Mandarin. Would not mind at all doing the expat thing in a wild frontier like China, but I hear the living conditions with the food and air quality is almost unbearable.
  10. Paul & Dominic's Guide to Quant Careers Version 2.0 Now Available

    Sent you my resume a while ago Domini. Could you please send me the guide at skang357@yahoo.com. Thanks and cheers. HH
  11. Which courses should I take to be prepared for MFE program?

    What's more important to the programs? Linear Algebra or Ordinary Diff Equations? Also, anybody have any idea what the applicant volume is gonna look like for 2009 well now that the US economy and Wall Street has been decimated? Everybody applying to law school and MBA instead?
  12. Need your help with this problem please....

    Doug thanks. That seems like something beyond Calc 3 which this is. Or at least so far. The gradient vector points in the direction of increasing f at (a,b) and is perpendicular to the contour of f through (a,b). The question simply asks for the equation of the line tangent to the contour...
  13. Need your help with this problem please....

    Could somebody please help me solve part b? Suppose f is differentiable and grad f (-2,5) = -3i + 4j (i and j are vectors), and f (-2,5) = 1. a) Give the equation of the tangent plane to the graph of f at x = -2, y = 5. answer : m = -3 (slope of x) and n = 4 (slope of y)...
  14. advice from quants

    Do you want to make 150K now or do you want to make 100K to 150K two years from now when you graduate?
  15. UCLA MFE UCLA MFE?

    Hey Matthew, bummer about the UCLA thing. Personally, I think with that GMAT, you don't deserve UCLA. You deserve better. Looks like lack of having the math classes did you in. Calc 1 and 2 doesn't even scratch the surface. There are other programs out there that will let you in on...
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