Recent content by SteveTownsend

  1. SteveTownsend

    Innovating Our Way to Financial Crisis

    You should read other opinions than headhunters for "Risk Talent" when thinking about the likely quant job market in the near future. How do you think the immense, continuing writedowns and current macro-economic uncertainty affect hiring plans among the big investment banks? How do you...
  2. SteveTownsend

    When is the next chat with Dr. Stefanica?

    Apparently not, the details will be posted here: Baruch College's Financial Engineering MS Program
  3. SteveTownsend

    Can I crash at your place?

    try craigslist.org, sometimes you can find someone doing a "by the night" sublet that would be cheaper than a hotel.
  4. SteveTownsend

    QuantDay 2007, 10/31

    Unfortunately I will be out of town, this sounds interesting: Numerical Algorithms Group - Industry Events - QuantDay 2007
  5. SteveTownsend

    Where would you rank Baruch MFE with top programs ?

    Baruch posts package info for recent graduating classes at http://www.baruch.cuny.edu/math/masters_employment_stats_new.html
  6. SteveTownsend

    Why do you want to become a MFE?

    There is definitely a "gold rush" mentality into the field. You can see this in the number of students asking "can I become a quant?" on these boards as well the number of new MFE and related programs that spring up each school year. It's a bit ironic that this trend has reached a crescendo...
  7. SteveTownsend

    Why do you want to become a MFE?

    That's a tough one. Baruch's program is heavily C++-focused, other programs use Excel/VBA (Baruch also but not as much), Matlab (not allowed at Baruch). Also hard for me to answer since I'm working close to a quant-heavy business (FI Derivatives sales and research) but still in an IT role, so...
  8. SteveTownsend

    Where would you rank Baruch MFE with top programs ?

    My MFE tuition at Baruch as an NYC (or NY State) resident will be around $10K. All Manhattan alternatives are $40K and up, including the most expensive which is not even taught live in the city! Now explain to me again the relative values. The best alternative I found for value was the...
  9. SteveTownsend

    Why do you want to become a MFE?

    Nope. Exchange Server 4.0, 5.0, 5.5, X.400 MTA - the part that routes and delivers all the mail.
  10. SteveTownsend

    Why do you want to become a MFE?

    I am a professional programmer of 20 years standing who did my undergrad degree in mathematics, and moved from Microsoft to NYC three years ago to switch fields. The move was for three reasons: 1. The programming work is more interesting and challenging when you add in the finance and math...
  11. SteveTownsend

    Warren Buffet is to buy 20% of Bear?

    I interviewed at Wachovia Securities in early 2006 for a position working on an equity derivatives trading system. Their investment bank used to be Prudential Securities and at the time I was there I was told they are investing heavily to be taken seriously in the IB world. New premises on...
  12. SteveTownsend

    Warren Buffet is to buy 20% of Bear?

    Coincidence The rumor here helped Bear to sell $1bn of bonds the next day. How convenient.
  13. SteveTownsend

    Which laguage: C++ or Java?

    Why we interview for C++ skills Here is an eloquent argument about why checking a candidate's C++ proficiency is a better test of a programmer's talent for building software (versus their skillset) than testing for Java or C#...
  14. SteveTownsend

    What was your undergrad major?

    Mathematics, Cambridge UK, graduated 1985
  15. SteveTownsend

    New Quantnet members say hi

    Linguist, mathematician - it's all symbolic manipulation. I was stronger at modern and ancient languages than at mathematics - I just did not see as good career prospects in languages, rather sadly.
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