• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

Search results

  1. A

    Q Equational Programming Language

    I work with the language on a regular basis. Alain is right, the coding style is very terse and can be disconcerting to the un-initiated. Once you get a hang of it though, it's enjoyable. Excellent choice in case you plan to work with large volumes of tick data/ other time series analytics...
  2. A

    MBA? MFE? IB? What am I supposed to do?

    Good read, especially the concluding section.
  3. A

    Take unsupported Stony Brook Quantitative Finance PhD position ?

    Ilya, you'll probably need to figure out the details, but consider job options in Asia. A lot of the banks have aggresive plans for growth in the region and given the relatively simple immigration policies, no one would mind relocating you. They pay well too! I wouldn't take up the PhD. without...
  4. A

    COMPARE Princeton vs Berkeley

    Congrats Ben - These are amazing achievements. Pick either, you can't go wrong.
  5. A

    NYU MathFin

    Decision by e-mail.
  6. A

    Student reviewers of MFE programs

    I've read the available reviews. Guys at QN deserve special credit, this is a must read for any and all prospective applicants. I assume you will be accepting more than one review per school ?
  7. A

    CMU MSCF

    Interviewed via Skype
  8. A

    Which SQL is widely used in finance?

    Not essentially a 'newer' way, but kdb+ is the standard for tick data in a lot of the equity houses.
  9. A

    Which SQL is widely used in finance?

    Not the best for low-latency requirements.
  10. A

    Christmas and New Year Wishes

    Best wishes for a warm, merry christmas and a prosperous new year.
  11. A

    "MFE program profile evaluation" master thread

    Geoffrey, after 8 years in a non-finance industry, would you be comfortable working in the capital markets ? Given your back-ground, you should be able to land some of the more IT-centric roles with a little effort. If it's the business side of things which you find appealing, I'd suspect that a...
  12. A

    Quant Career Track

    Why would analytical skills outweigh management skills? Let's elaborate a bit on what management skills include here - Decision-making, people-management, admin responsibilities, project management etc (in no particular order and in it's most generic form). It's immediately obvious that...
  13. A

    Career as a Finance Developer

    By Finance Developer, I assume you mean a role akin to that of a quant developer. Instead, if you are looking at an IT role in the financial domain, given your back-ground, I'm quite sure you can actively start looking out for opportunities to switch now . Of course, you'll need to assimilate...
  14. A

    Quant Career Track

    At first, it seemed to me that you made a rash inference, but on second thoughts, I think it's a very different way of looking at things. From what I've seen, the job postings exist (I won't comment on the volume of adds though) because what quants do is fundamental to the capital markets...
  15. A

    Quant Career Track

    I'm skeptical about the implication that technical and management skills are mutually exclusive. Quant managers are subject matter experts at heart - I've seen a quant MD respond with great detail and amazing insight to some of the very basic questions concerning a model. And he is amongst the...
  16. A

    Is the MIT Problem In 21 really right

    Interesting how cognitive dissonance fits into the whole thing.
  17. A

    QUESTIONS ABOUT BEING A QUANT

    If you are applying for a PhD, you'll probably have to take the GRE subject test as well. Generally, 800 in quant on the general test and above the 75th percentile in the subject test (math) at the very least would be fairly respectable.
  18. A

    Masters at the lowest cost?

    There is a program at Stony Brook. How "good" it is depends on what features you attach importance to.
  19. A

    top mathematical finance/ financial engineering PHD programs?

    I'm skeptical about the relevance of a mathematical finance PhD in a purely academic domain. Any decent work must have professional/practical applicability. Perhaps the faculty which administer these courses are aware of these implications and are a little more forgiving of the motives of...
  20. A

    Some Indians Find It Tough to Go Home Again

    I dissent from some of the opinions expressed in this thread. My contention is not with the content per se, but rather with the tangential nature of the arguments with respect to the original issue. It is counter-productive to engage in a comparison of India and China to find a solution to the...
  21. A

    How to convert GPA?

    What is a safe litmus test to ascertain if a given university is recognized in the US or not? I'd assume that the presence of the university name in the drop down menu while selecting a college in the online application process is a reasonable indicator?
  22. A

    Quantitative Trading book

    An information theory based approach to the markets drawing on Shannon's work in this field. This was amongst the first things which got me interested in quantitative methods in finance.
  23. A

    Suggestion for learning database

    How? *random text goes here*
  24. A

    "MFE program profile evaluation" master thread

    Being at NY has its advantages.
  25. A

    Film "American Casino"

    Yet another caustic diatribe against the financial system. Wonder how Wall St. will eventually wriggle out of this one; the physicists could at least claim peaceful uses of nuclear energy.
  26. A

    DISCUSSION on second rated MFE programs

    Some quants should work on coming up with a model for pricing course credits :-\"
  27. A

    The truth about LinkedIn

    The recruitment consultant who got me in touch with my current employer (large IB) found my profile on linkedin. I find some of the linkedin communities especially helpful - the niche ones, not the ones where half the world is eligible.
  28. A

    DISCUSSION on second rated MFE programs

    Perhaps others, if at all, are recovering this cost incognito.
  29. A

    will the CFA be helpful to quant?

    Absolutely. And in my opinion, clearing the intermediate stages alone has no tangible benefit. If you plan to invest in it, make sure you intend to see it through.
  30. A

    will the CFA be helpful to quant?

    Search this forum for CFA related threads, this has been discussed before. Members here will be glad to help with further questions.
  31. A

    UK MFE

    I'm not sured if they are labelled MFE in the UK. You will find courses in financial math at LSE, Imperial and Warwick. PS: This is a random list and in no way an endorsement.
  32. A

    Help: No recommendation letter from my PhD supervisor

    Agreed. From a previous post, I inferred that perhaps applicants were screened initially based on a "check-list", which wasn't inclusive of the letters or the essay. But if this is just a "metaphor", and each application is in fact reviewed in its entirety, it's fine.
  33. A

    Help: No recommendation letter from my PhD supervisor

    Not very long, given the volume of applications received. But there's no saying if the remnant of one of these potential reject's application reveals that he/she went on to form a start-up which did some ground breaking work. I guess it's ok to screen on the basis of a few check points provided...
  34. A

    Help: No recommendation letter from my PhD supervisor

    Really ? I assumed a "careful consideration" of each application would take longer than a few minutes.
  35. A

    Some schools have stopped mailing out official acceptance letters.

    An attempt to perhaps reduce the paper traffic; this is fair.
  36. A

    How do you understand/appreciate math on a more philosophical level?

    Intentional choice of words? It seems to suggest a 'claim' as opposed to a well informed opinion. Or have I read this wrong?
  37. A

    Low latency trading system

    Other than enhancing your technology platforms to establish connectivity and assimilate data with trivial delays , you need a setup which 'reacts' to this data in real time - reacts fast. Data vendors like Wombat are becoming increasingly popular amongst a lot of Algorithmic Trading desks. Some...
  38. A

    How do you understand/appreciate math on a more philosophical level?

    I'm loath to admit that perhaps bbw has a point here. However, that math modelling in finance is not an exact science should not be a terminal limitation or reason for us to abandon this field of study altogether. Instead, we need to promote a temperament of disquisitive enquiry amongst...
  39. A

    How do you understand/appreciate math on a more philosophical level?

    I've noticed that you feel strongly about this. What in your opinion is the best approach to understand/study capital markets? Or do you consider such an attempt futile?
  40. A

    How do Tech guys expect to get for bonus in IB?

    Ryan, in the initial phase of your career, you should be more bothered about studying this industry and enhancing your skills. Career choices must not be dictated by money alone. This is a common pitfall.
  41. A

    How do Tech guys expect to get for bonus in IB?

    Out of curiosity, how much do these appartments cost ? To buy? To rent? A quick google search shows that there are more Asian cities amongst the top 10 in an index of the costliest cities of the world.
  42. A

    How do Tech guys expect to get for bonus in IB?

    Wonder what's behind those doors. Perhaps with a little effort in India, definitely not in Singapore.
  43. A

    How do Tech guys expect to get for bonus in IB?

    I agree. Though loosely used , a majority of IT departments are dubbed as cost centres - no tangible/direct contribution to profit. That said, as GoIllini points out, some teams, by virtue of their roles are more closely aligned with the business, and hence in a better position to benefit...
  44. A

    For fun: favorite UG math course

    Vector Calculus - used it extensively for antenna theory and wave propogation.
  45. A

    Is MFE a good career move?

    And your premise for this differential evaluation would be? Science is merely an approach towards assimilation of knowledge via observation and experimentation. An MFE or a quant job neatly fits this descripiton.
  46. A

    Is MFE a good career move?

    Pick one which best suits your interests. Be honest with your evaluation of your likes and dislikes. Many a time, we think we like something without really knowing much of what we thought we liked.
  47. A

    BlackRock or Credit Suisse?

    An Illuminating post! Pertinent to note in this thread that some IB's specifically categorize individuals who collaborate between Business and IT teams as 'Business-Analysts'.
  48. A

    BlackRock or Credit Suisse?

    Support deals with production and change management of existing systems. Real time support for trading systems can be quite demanding, and offers a good opportunity to study/understand the business. However, depending on how you approach it, this understanding has a tendency to be strictly...
  49. A

    BlackRock or Credit Suisse?

    This position has a traditional trade support flavour. IB's usually split up their IT task force into development and support roles. Check with them what the nature of your role will be.
  50. A

    Please suggest a perl book

    Correct. From what I've seen, at large IB settings, perl's popularity primarily stems from it success in handling large files. If I were preparing for an interview, I'd pay special attention to these topics.
  51. A

    Goldman Loses Money on Just One Trading Day in Q3

    A sweeping generalization.
  52. A

    Book on Unix Fundamentals

    I agree. This is enough time to get a feel of the system. However, depending on the position you are applying for, your interviewer may find this familiarity sufficient/lacking.
  53. A

    SQL

    kx's kdb+ is an excellent resource if performance is a priority. It's got most of the traditional sql constructs along with a rich library of inbuilt functions. Besides, it's quite easy to have it set it up to interface with C,Java,Matlab and the like as well.
  54. A

    Quant life in Singapore

    Carry some rain gear !
  55. A

    Quant life in Singapore

    It's a great country to live in. I've heard of people shifting from Tokyo and Hong Kong to go work there.
Top