Alot of these type of questions are answered at globalderivatives.com
I guess I can answer your last question, about corporate culture. At the larger IT firms IBM/AMD/INTEL etc you know right away what your career path is. For example, after 2-3 years in, and maybe 10-15 years down the line...
I'd agree with Mike on this. However, there definately tends to be a abstain factor for desk-traders between Monday-Wednesday. Thursday the drinking begins, and friday trading is dead between 2-3pm, even for OTC products.
Generally, a good job, a great salary & career is by no means...
The major rating agencies: fitch, moodies, and s&p publish the default probabilities you speak of based on their proprietary models. They look at peer rating class, then evaluate historical credit-default loss experience. BBB is something like below investment grade is something like...
The way your problem description is stated, I would think you were trying to derive a FTD-pricer of sorts, for a n-th to default structure. Which would make sense because the premium/spread pricing is a coupla probability to default calculation, and is similiar to what you have described...
Adam, nice post.
This seems to be a recurring problem in finance involving access/excel imports and exports. There is a transferspreadsheet method as well, with acexport, acimport, aclink paramerters for directional data flow. These functions you probably won't know of unless you are a vba...
I am not sure about these: OCaml, Haskell, F#,
However, either one of these may be supported by .NET If this is the case you could easily interface with stored .NET/CLR/CLS routines coded in C++/VB at the firms that implement the more popular languages.
So really, you need a list of...
Hi Andy, et al,
Excellent direction you have decided to take. I think it is clear that baruch, your department/director, andy, baraider, and the entire quantnet community has succeeded here.
If there is anything I can do in the way of graphic design let me know. The quantnet website could...
Awesome topic. I actually thought this might be a 'trick' question on the word 'calculus'.
Surprisingly, not many caught it. 'stochastic calculus' ehehhheeh
I'm going to recommend some of my personal favs, which according to amazon are recommended by mark joshi.
Andy, et al
Thanks for the reply quantnet.
Good point. I'm glad to know there's some flexibility within the cirriculum. I'm sure columbia/princeton has something to the likes of this as well. Just want to keep the options open - no pun intended!
I'm doing some long term planning. Basically I'm more or less a credit deriv guy, less interested in equities. I wanted to know how/what the cirriculum focus is geared toward at Baruch's MFE.
Hi Andy, et al
Just wanted to say hello - fine job you have done welcoming prospective students.
I'll mostlikely apply within the next year or so after I wrap up short-term career goals. Between now and then I'll be a regular here.
I'm planning to apply to four schools...