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Princeton University has an excellent program ( Masters in Finance), however the program is very quantitative. You should realize that most people working in the field want to be the front office trader. However, a Masters in Finance from Princeton won't put you directly into that position. The...

sorry for my mistake. you're right the probability is 85% , however it does depend on how you look at it, so 80% is the probability for the first scenario and 90% is the probability for the second scenario. We have to assume that both are just as likely to happen, thus the probability is 85%.

Sorry man, but the correct answer is (1/45 +1/40)/2

number theory problem I have a problem you guys may find interesting It's pretty easy, but any way. >> IF a total of 50 coins equals one dollar. >> and one coin is lost, what's the probabi lity that it was a penny?

Hey, I'm currently an Undergrad Math Major on the Actuarial track. What's the main difference between an Investment/ Corporate Actuary and a Financial Engineer? Both price securities, hedge risk, and program.

I think that the level of mathematics used/taught in the different programs depends on the school. If you want to work with numbers study Applied Math, Based on your experience and skill you can apply your knowledge to different entry level tracks in finance. Getting your first job is key. In...

Basic Book You may want to try All About Derivatives by Michael Durbin, Publisher: McGraw-Hill. The book includes + The basics of futures, forwards, credit derivatives and options + How to calculate the value of different derivatives + How to use derivatives to manage and reduce risk. Some...

Hey Hey everyone, I’m currently an undergraduate math major at Hunter College, and studying for the second actuarial exam. I’m looking forward to sharing my mathematical knowledge and learning from others. I hope to chat with you all.