Recent content by Stats CZ

the consumer banking industry has started to tap into the treasure land of the web traffic and social media data. I wonder if it is just matter of time that the decision making process in the investment sector will start to get a taste of it. Or it may already be there. Right now, the whole...

This absolutely makes sense. To me, I think preparing for and taking such exams is also a way to learn and to find out whether I can be good at the stuff and like to do it as a real job. Any certification certainly is not as powerful as a degree (e.g. MFE), but it is an easier and doable way...

Andy, as you were commenting on the association between having PRM/FRM and the likelihood of being admitted to a MFE program, did you mean it is similar to applying for a real job somewhere?

One more question: which one stands out better as a suffix title -- PRM or FRM?? Do people really get both? Is that considered redundant??

This is very helpful information. Thanks Shlomi.

Thanks Yan for your comments. I am at a place right now where I have no easy access to a course offered regarding risk management solely. And the hard part for me is going for full time education in MFE is just not possible at this point. But I do have a limited course selection from the...

Thanks for the suggestion. Another concern of mine is when writing resume/cv, such book review experience is always difficult to be included and I doubt any hiring manager would really factor it into his/her decision making. I have read a few books talking about VaR, stress testing, credit...

Hi all, I am looking at a potential career path in risk management. My situation is I have a MS in statistics but am lack of background or past experience in financial field (any sort of). As far as I have gathered from those job descriptions I see math/statistical skills are desired but...

Thanks PatM. Your answers are essentially along the same line of my feels. I understand that much in the resume regard depends on individual cases. It is not easy for someone who hasn't worked in this field to put up a complete resume short and convincing -- especially considering all the...

Well, what I really mean was "a few quick questions". :) Will statistics background and lots of data analysis experience qualify one for such positions? If yes, how should the resume be worded to increase the chance of securing an interview? How many pages should the resume have?? If there are...

got it. Thanks Doug!

That is bad news. :-k Are the Express versions also limited in this sense? If I am to buy a professional version, which one to choose, 2005 or 2008?? Thanks all you guys for the responses!

If I am using 2008 express, does it mean I have to download my own compiler (for windows)?

Okey, this definitely is a beginner's question. I have VC++ 6.0 installed on my computer but am using the VC++ 2005 book by Ivor Horton. It looks like the book is totally referring to VC++ 2005. Would it be a problem for me, a beginner, to use a book for learning programming in C++ 2005 but...

Then what do they do? Is there a typical trend for them to switch to other job markets? I feel it is a loss for the business if most of the experienced people leave after 10 years. At least they can offer more seasoned thoughts and ideas. Are you talking about the norm in quant industry?