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I quote from the website: "the MSc Proprietary Trading is the fast-track to becoming a high-earning, professional trader." Do we really need to go further?:sick:

and also http://books.google.it/books/about/Probability_Essentials.html?hl=it&id=JHYMvY0Bd7YC

Thanks Andy. The numbers are really incredible and tell us how fierce competition can be. Though it is true that history or literary major can apply for finance positions, I think they do not have (or should have) a big possibility to work in a higly quantitative field such as Finance.

I have two questions for you guys: 1) What's the likelihood of being admitted to the graduate program from a top financial firm with no previous internship within the financial industry? 2) Trading fixed income products electronically is a growth area. Goldman’s electronic bond trading...

Hi demonicangelz, I can tell you something as regards the UK institutions you mentioned. Cambridge, Oxford and LSE require a 1st class Hons (2.1 only in exceptional cases) , so you're on the right track. They all consider previous experience a plus, but it is not mandatory. LSE strongly suggest...

Trading fixed income products electronically is a growth area. Goldman’s electronic bond trading platform was launched a few months ago. Last week the Wall Street Journal reported that Morgan Stanley was following Goldman in automating its fixed income business. Which skills are needed to work...

This is what you've just said: "I want to live for my job, wont have a family, so, which is the most money making job I can do?". Read it 10 times, and think deeply about it. However, this is the real answer nobody is going to tell you: the most money making job is still the "call girl" also...

This book covers ALL the topics you listed. I've been studying it for one semester, and I can definitely state that it was worth it ;) It is also the prerequisite book required to attend the ETH Zurich MSc in Quantitative Finance, maybe the most prestigious quant school in Europe. Probability...

Emotional Intelligence, by Daniel Goleman http://www.amazon.com/Emotional-Intelligence-Matter-More-Than/dp/055338371X One Up On Wall Street, by Peter Lynch http://www.amazon.com/One-Up-On-Wall-Street/dp/0743200403

I know how to program in C ("medium proficiency", I could say ) and I can use MATLAB, SQL and R quite well. It seems that the Imperial College and LSE courses (both MSc Finance and RMFE) have a good reputation in Europe, don't know in the US. If possible, I'd also like to know whether it's...

I confirm it's possible. Actually, a lot of students apply to a MSc right after undergraduate. I will finish my degree in June 2013, so I'm going to start my MSc in Semptember 2013. Therefore, I have to make an application in the period October-December 2012 Still waiting for different...

Hi everyone! Being a 2nd year undergrad, I'm going to apply for a MSc with a strong focus on Quantitative Finance in October. Therefore, I'd like to ask you 2 questions: 1) Could you please rank these EU MSc, according to your knowledge and experience? Imperial College: MSc Risk Mgmt and...

Hi everyone, a BB bank recently called me to complete a numerical test for an internship position. I'd like to have some practical advice from you: (consider I am 19) 1) How could I prepare for the test? Which kind of questions will I have to answer? 2) From you experience, are many people asked...

This was one of the questions I had to solve in my final high-school exam!

So Ken, which course between Advanced Statistic or PDE provides a useful background to work in Asset Management? Thanks.

Ok. So, what would you do? Going ahead and study or make an MBA application?

I am currently an undergraduate student in Mathematical Engineering. If my aim was working in Investment Banking, would you suggest me to look for the most interesting internship positions in major banks and apply for an MBA AFTER SOME YEARS of direct experience, or would you instead suggest to...

Use Taylor approximation. The 1st order should be ok. sqrt(16+3)= sqrt(16)+ [1/(2*sqrt(16))] *3 = 4+[1/8]*3 = 4+3/8= 35/8= 4.375 35/8 can be asily done without any calculator. If you want a better approximation, go on: sqrt(x+y)= sqrt(x)+ [df(x)*y]+[(1/2!)*d(df(x))*y]+...

I am in the same situation. Currently attending the 1st year of Mathematical Engineering, I am looking for a job (internships, stage) in the financial sector. Can anyone give some advice? Thanks

Yeah, I think it too, But this was the first solution that came up in my mind ;)

246=2*3*41. 1 factor is >13, so the formula is 7*(n°factors <=13) The numbers of factors <=13 are 2: 2 and 3. so 246 gives 2*7=14, as you said in the first post.

My idea is: 13= 13 --> 7 2352= (2^4)*3*(7^2) --> 2^4 246=2*3*41 --> 2*7 700=(2^2)*(5^2)*7 --> 2^4 1030=2*5*103 ---> 2*7 So, if the number can be written only using prime factors that are <13, the result is 2^4, else is 7* (numbers of factors that are <=13) [do not consider the one as a...

The "spirit" of all the different approaches to the solution is the same, and that one with modular arithmetic is, I think, the most "elegant". :) However, it also seems to me just like killing a mosquito with a F35: it works, but there are lots of easier and faster methods to do it! That...

Ritchie was the inventor/developer of the C Language, so I think his book is "the must" for this programming language. Other books are: 1) "Let us C" by Yashwant Kanetkar. 2) C Programming: A Modern Approach, 2nd Edition by K. N. King 3) C Professional Programmers by Keith Tizzard # ISBN-10...

Thank you very much: this list is very interesting for beginners, too.

The last raking provided by Financial Times put MPI - The Master in Quantitative Finance offered by the italian university Politecnico of Milan - in the first 100 positions. this is the website http://www.mip.polimi.it/go/Home/English Since I'm actually attending the Politecnico, I can see a...

I'm very interested in this discussion and I ask here for an advice. I chosed a Mathematical Engineering Bachelor (Maths till PDE and Calculus III, as well, as Electronic and Computer Science I), so I will be exposed to Finance only in my 3rd year of study, with the "Financial Mathematic I"...

Thank you Joy!! Your posts about the preparation needed for an MFE are always very helpful!! Looking forward to the next one ;)

Of course. In my case, when I write "German: fluent", it is because I've been studying it for 2 years and I worked in Germany for more than a month. I am REALLY able to express myself in German, and my English is even better. I believe, it is better to be sincere than to lie and then say no...

To pursue a career in Quantitative Finance requires, of course, a strong Mathematical backround, as well as programming. So, as I will do attending University, it's important to focus on these subjects. But I strongly believe that a knowledge of basic Finance and Business would help you to...

Ok. So, you're saying I should focus on spoken languages (for me: Italian, English, German), previous working experiences (I mentioned them before) and computer skills, particularly Office and other programming software. That's very useful. Thanks. Any other advice?

That's interesting. What do you mean with "Language skills"? How many languages do you speak? If you're able to express your ideas clearly and to build work relationships? As regards as the computer skills, what did you mentioned? Could you give me some examples? Thanks

Hi everyone! Due to the Career Fair organised in my University, I have to attach a CV to my registration form. There will be lots of companies, includin JP Morgan and BofA. My aim is to collect information about their SpringWeek opportunity, and to present myself as a good "choice" for them...

Ok. Your purpose is surely right: imagination often does not mean "reality". It's always good to ask people that know Finance field really well. That's one of the ways through which I can improve my knowledge. Thanks you.

Thank you. Of course I will study what interests me: that's the BASIS point where to start.I'm really interested in the financial world, but, you know, there are many ways that bring to the same place. I'll follow what I like the most (so, Maths), for sure: I was just looking around to have a...

Sorry if I was misunderstood: I did't want to generalize the figure of the Trader. Besides, thinking of going to Wall Street with an MFE and then making million dollars sounds like the dream of a child. But, since many people base their idea about Finance on the film "Wall Street" or just on...

Which accademic background would be better to be in Sales Trading & Research department of an IB? Is Trading something related to experience or required a strong quantitative praparation, too? Thanks everyone :)

That's true. However, surfing on JPMorgan website, I found something interesting: the Spring Week, aimed to the 1st year undergraduate students. What do you think about it? If it could be considered a "good investment", I'll make any effort to take part in. Then, one question more: which...

That's right ;)

Thanks Andy. Yes, I looked at it as soon as it had been posted here. But I don't know if it's a lil bit too early for me to ask them about their intern positions. What do you think? Thx

Thanks. I know that my knowledge it's not enough to enter the quant field. In fact, I'm looking for an internship aimed at 1-2nd year undergraduate. However, I think that motivation and personal interest are better than any sort of "connection". Any other advice there?

Hi everyone! I'm thinking about getting a summer internship in Finance or IB for the next year, but at that time I'll have finished only my 1st year of undergraduate. Furthermore, in October 2010 lots of banks and financial companies (e.g.: JPMorgan, BofA, Borsa Italiana,...) will come to my...

I'm an undergraduate at my 1st year: would it be useful to post here my resume, too? I've not relevant experience in the financial world yet, but few internships in other companies and very good high-school grades and seminars. What's your opinion? Thanks.

Hi. That's my first post here, hope I could get some advices.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> I'm Federico, an Italian student, 18 years old, and I'll start my "Mathematical Engineering" college in September, at the Polytechnic University of...