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I will graduate this year from Indiana University with a BS in math and a BS in applied physics. I am interested in learning more about financial mathematics but plan on pursuing a PhD in Applied Math.

A First Course In Partial Differential Equations with Complex Variables and Transform Methods by Weinberger is what I used in my PDE class. It is pretty good and pretty cheap.

Thanks for all the replies. They have been extremely informative. Would dealing with shares in excess of 50k give me liquidity issues in the NASDAQ?

What does it take to become a member?

What about an online place like TradeKing? It looks like no matter what the size of the trade it is always 4.95. Can they not handle trades with 50k shares?

You are right in that its a small percentage increase; however, since the growth is geometric that small percent grows pretty fast. Is there a problem in my logic? I feel like there has to be somewhere but I can't find it. Jeff

I guess I did not make my point clear. I of course realize 7 cents is not a good return for one day but if you are dealing with 10-20k stocks that adds up. If I understand this correctly, many brokers charge a 1.5 cent fee per stock? In other words if I made 7cents per stock I would really...

I am a firm believer that if you do your research you can find several funds that do better than 5% in the long run. My college fund is in a mutual fund with Vanguard and over my 4 years of college the net value has gone down about 7k with tuition expenses were taken out. My parents and plenty...

I have a few questions for you. What do you mean by "large spread" or "tight spread" ? Maybe you answered my question but I don't see it. When you sell at say 10.07 what kind of error can one expect to see in the final price? I am also confused by you saying "If you buy GM to make 7 cents...

So are you saying the average investor can't move fast enough to use this strategy? Let's say I buy GM stock at 10.02 at 10AM and at 2PM I see the price is now 10.09. If I were to sell at this price what kind of error can I expect to see in the final price? Is +/- $.01 reasonable or is it more...

Thanks for the link. I read through the posts and it seems that most people park their money in a savings account in an online bank. I find that really hard to believe. I thought surely a majority of you would at least be investing in mutual funds. I am by no means a financial wiz like you guys...

So then what do you invest in? I am not looking for specifics but just general information like do you invest in stocks of your choice, mutual funds, or do you bury all your cash under the garage. Jeff

Do any firms or people do a lot of large volume trading in a day? I guess I am getting at day trading but selling when the price only goes up a small amount (like 5 cents). Do companies or day traders do this? Is there a reason you wouldn't want to use this strategy? It seems to me if you set...

I was thinking today that a lot of you guys spend your days figuring out new or creative ways to make your firms more money through its investments. Then I got to thinking that you guys must do really well with your own personal investments. So my question is: do you guys use complex trading...

This might not be the most elegant solution but you could just put cin >> some_variable; At the end of you code. It will hold the window open until you type something and hit enter. Jeff

I know a lot of you guys are quants working in the real world and I have a few questions for you. It seems like a lot of you program using C++. I don't really know what you guys do all day long but I figure there has to be someone out there that analyzes old stock data or back tests new trading...

I just thought I would throw this in. If you go to BookFinder.com you can usually find international editions of many textbooks. They usually sell for around $30 and are the same as the US version but are softcover, generally black and white, and obviously lower page quality. The material...

Thanks for all the responses. They have been very helpful. I think I will ultimately pursue my PhD. One of my main reasons is I do not know 100% that the financial industry is what I will want to do and an MFE seems to be a very niche degree (although I could be very mistaken). A PhD in Applied...

I am new to the forum here but this seems like a pretty good place for information. I have tried the search function but wasn't having too much luck with it so I figured I would just ask my question (which I am sure has been posed before). Is there that much of a difference between having a PhD...