Search results

How is this subsidiary yield book which is a part of citi group. What will be the potential for growth in this place money wise. As andy said, finance makes money only in front office so how does this firm fit?

I have two weeks to decide on an offer in a non-financial company that is offering close to six figure in St Louis. I have some interviewed lined up with some small financial companies like Interactive Brokers etc but no offer in hand from finance industry. Is it good to take the offer that I...

I just wanted to know how to solve the problem of calculating the probability of a Brownian motion hitting point a that is positive before point b that is negative. Can we solve it using a random walk itself or there is a better way?

How are the QTR group recruiters? I heard very bad things about them.

I wanted to see where each of these methods are used and where they crisscross. For example, I heard that derivative pricing does not concern itself with future prediction like time series does, but perhaps it can use volatility information from GARCH models. Is it true that the field of...

I have no contact with anyone in JP Morgan. I want to interview with the firm, but I found no headhunter who works with them. Anybody knows someone with contacts in JP Morgan?

Does anybody in finance file for EB1 category greencard, especially someone with non-Finance PhDs? I was asking for my friend as EB2 waiting time is too much for indians and chinese. Looks like it is impossible to file under EB1 category once you become a quant. Any suggestions?

IS Statistical Design of Experiments covering full and fractional factoral designs at two and three levels, orthogonal arrays, response surface methodology, robust parameter design for production/process improvements of any use in quantitative finance? Is it worth investing time learning these...

I am confused by the books out there for stochastic calculus. I started with Baxter and then moved on to Shreve-2 for finance. But I am wondering how useful it is to read even more advanced books like karatzas shreve and rogers, williams. It will take a huge amount of time( more than one year)...

Can you give an example of a random variable that is finite almost everywhere but it has infinite expectation?

There is a calculus of variations graduate math course available next semester. How useful is calculus of variations in finance, especially a rigorous class on that? Is it better to spend time on other things and just learn basis calculus of variations myself?

Next semester I was planning to take a course. Due to schedule clashes I can take only one of Advanced Probability theory-2( in part 1 they already covered LLN and CLT) and Bayesian Statistics. Which one will be more useful for me going into finance? Advanced Probability theory-2 covers...

let's say A keep tossing a fair coin, until he get 2 consecutive heads, define X to be the number of tosses for this process; B keep tossing another fair coin, until he get 3 consecutive heads, define Y to be the number of the tosses for this process. Calculate P{X>Y} I found it to be the...

I will be interviewed for an algorithmic trading strategy desk. What kind of questions should I expect? Does the role involve a lot of programming?

What kind of signal processing is used in Algo trading? I mean filtering techniques like wavelets are not useful for speech but are for images. So who knows if techniques from EE can be used in finance. Is signal processing from EE is basically used in time series analysis or there is use of...

I got three phone interview calls from 3 divisions of the same bank unexpectedly. And they all want to schedule interview this week or next week. One is in investment management, one in fixed income group, one as credit desk quant. I am not at all prepared for all of these interviews especially...

I wanted to know what kind of work does the investment management strategies group do in Goldman Sachs? Will the interview for the group be more CS oriented or math oriented?

I am actually confused about the material I need to read before appearing for finance interview. I am finding there are four principal areas in Mathematics used in Finance: 1) Probability and Stochastic Integration 2) Numerical Methods and PDEs 3) Machine Learning and Time series Analysis 4)...

I have a unique kind of problem and I am looking for help from folks here. I did my Bachelors from IIT and then came to Georgia Tech in 2004. Right now I am on course for my Phd in Electrical and Computer Engineering with emphasis on computer vision/image processing work. However, I have...

I am doing C++ book by Joshi. Will that be enough for C++ coding practice for finance interviews apart from reading some FAQ books, 50 ways book by Meyer? Could somebody list the bare minimum C++ items I ought to know to be prepared for an interview?

Do you require multi-threading knowledge in C++ for getting a job as a quantitative analyst.?

I had a question. Are UBS and Deutche Bank hiring for their quant divisions, especially international students who need H1-visa? I could not find anything on their website. Is there a recruiter whom I can contact for these two banks. Which of the leading banks is hiring right now?

I have read Baxter and Rennie and have very basic C++ skills. How much time is required for preparation for interviews for quant positions? Can PhD students also apply for trading positions?

I am a PHD student in EE, with an additional Masters in Math. I am looking to graduate in Spring/Summer 2010. I had the confusion of when to start applying for jobs, Mark joshi says that you should apply only 2 months before graduation. IS it prudent considering I am an international student...

Will the H1-restrictions cease to exist once the banks return the TARP money.

This was the hardest question I got in an interview. Consider there are cereal boxes of a top brand containing one of four different types of toys with equal probability. What is the expected value of the number of cereal boxes which a person will need to buy in order to complete the collection...

I got a telephone interview with morgan stanley for QR position for 30 minutes. Any idea what they will ask me? And are they really serious about recruiting? I told them that I am an international student and I am looking for summer intern. Do they just interview for fun? Regards Vivek

I have a interview with DRW for summer intern trader assistant position. Does anyone have any idea about the type of questions I can expect. Will I get programming questions or only problem solving?

I want to get an internship as an quant or quantitative risk analyst. Is there anybody here who can help me. I am pursuing a PhD in EE(signal processing) from a Georgia Tech and I have MS in Mathematics . My bachelors is from IIT Mumbai. Kindly mail me at vkaul1@yahoo.com. Vivek

Is there any hope to get internship as a quant or in quantitative risk for Summer 2009. I don't how and where to apply as I have no contact with people in that area. Any suggestions?

I am a PhD student in Electrical and Computer Engineering with Master is Math from Georgia Tech and I wanted to apply for internship in Quantitative Risk/Risk Management. Can anybody help here? Any site recommendations or contacts? How important is getting an intern for a final job.

My friend is joining the strategy group in goldman sachs and he wanted to know what exactly is the work there and how it is different from other quant roles. Any help?

Can somebody explain what structured finance is? Is it same as investment banking? Are there opportunities for people with quant degrees to work there or they are looking for some other background?

IS Integer programming useful for jobs in finance? What about convex and nonlinear optimization?

Do people write their GPA in their CV after being in the finance industry for 1-2 years?

What are the most finance jobs categorized as if people file for permanent residency(EB1 or EB2 category). How much time does it take to get labor certification and I140 approval on an average?

What are the middle office jobs available for a person with PhD in quantitative displine but no work experience in finance? Are most of these jobs in risk management? Or I can go to in structures or portfolio management or middle oficce quant ( if that exists) without work experience?

I am actually a PhD candidate in ECE at Georgia Tech and wanted to explore opportunities in Finance. I will be getting an additional masters in maths here(with two courses stochastic processes for finance and financial data analysis). My research is the area of signal processing, in fact more in...