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what will you cover in "trading of commodities"? contract specifications? is there anything like valuation for commodities?

do you know why you did not get an offer from financial companies?

where did u get this information? some of them don't exist now. they are replaced by software.

Goyal, who now lives in London, was also the first blind trader at J P Morgan, and possibly at in any bank anywhere in the world http://en.wikipedia.org/wiki/Ashish_Goyal

http://www.quickfixengine.org/

It is going to end in India. In India banks hire a business analyst, developer and a tester for a project. They can afford to do it in India.

no project involves writing code in assembly. but you must know assembly to write better code in non-assembly languages.

You can learn the above subjects on your own. There are so many online courses available for free. But Assembly language is difficult learn. If you are planning to work on software engineer it will be really useful. You will spend lot of time debugging. Knowing assembly helps here. Also...

Vikram Panit

not always true. http://news.efinancialcareers.com/91793/mainland-returnees-its-still-a-struggle-to-land-a-job/ “Candidates generally expect to command a premium because of the time and money that they invest overseas. On average, they demand a 20 to 30 per cent premium over that of the local...

12 residents trapped, 2 injured in Qns. house collapse Read more: http://www.nypost.com/p/news/local/queens/residents_rescued_in_qns_house_collapse_hCNvKdWi77UFMiW72JdO3O#ixzz1pUds2yof

why would a bank hire a aeronautical engineer. they don't manufacture planes.

they do all kinds of work. http://www.infosys.com/newsroom/features/pages/nvidia-center.aspx

Firms like Infosys, TCS, Cognizant, HCL, Syntel, Satyam .....

If you want to get into finance, join one of the Indian consulting firms. Almost all banks/hedge funds work with them.

http://fe.ifmr.ac.in/?page_id=274

what type of derivatives you are working on? in equity derivatives, most of the retail traders don't bother about mispricing. they use it mainly for speculation. take a look at this book to know how retail traders use options...

don't tell this to recruiters/hiring managers. tell them you are interested in finance blah......

why are you not interested in engineering. are you working in engineering industry?

the rest go to US and UK to do their MBA. these guys prepare for GMAT also.

what do you want to trade? if you are interested in forex try www.babypips.com . for stock/options try www.riskdoctor.com

is it difficult to get these jobs with your current experience?

But the person who is making $100K in NYC has the same problem. He is going to save the same amount of money as the Indian student working in India. Both are going to repay the loan at the same time.;)

$30K in India is equivalent to making $100K in NYC.

USCIS Reaches Fiscal Year 2012 H-1B Cap http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=f0a78614e90d3310VgnVCM100000082ca60aRCRD&vgnextchannel=68439c7755cb9010VgnVCM10000045f3d6a1RCRD there is still lot of demand for H1B visas

is it really bad as mentioned in this article http://www.sacbee.com/2011/12/11/4114705/current-crop-of-california-college.html

if you are in Chennai, check out http://www.ifmr.ac.in/ they offer masters in financial engineering.

without reading, what will you program?

volume 1 - 814 pages volume 2 - 832 pages how many months/years it will take to read this book?

http://www.amazon.com/Object-Oriented-Programming-Nicolai-M-Josuttis/dp/0470843993/

it is a structural unemployment problem. US companies are hiring from India http://timesofindia.indiatimes.com/tech/careers/job-trends/Recession-Not-in-hiring-at-IITs/articleshow/10968332.cms

even WSJ published an article few weeks ago http://online.wsj.com/article/SB10001424052970204517204577046222233016362.html

call backspread

Indians and Chinese are cheaper than Europeans. Right now Americans can only afford cheap labor.

post your question there. you will get some useful answers. their forum is mainly for trading system developers.

Knowing option arithmetic is more important than knowing high school math. This drill is designed to help increase the speed at which you recognize the synthetic equivalent of positions involving options. Position = Synthetic Equivalent 1) +P = 2) -U +C = 3) +C = 4) -U -P = 5) -U = 6) -C +P =...

http://fixprotocol.org/discuss/

"If Calculus were required to be a great investor, I'd have to go back to delivering newspapers." - Warren Buffett you should have read the book Warren Buffett speaks: wit and wisdom from the world's greatest investor By Warren Buffett, Janet Lowe

university of Chicago and cmu offer MFE in singapore.

unfortunately the ranking was done by Times Higher Education. not by quantnet.

Interviewer: Thanks for coming in Dr. Feynman. We'll be in touch.

He is going to tell what he did. http://www.bbc.co.uk/news/business-14950873 Earlier, it emerged that UBS learnt of the unauthorised trades after being informed by Mr Adoboli. "The disclosure that it was Mr Adoboli's decision to inform his colleagues of his actions that set alarm bells ringing...

bloomberg is the only company hiring now in nyc. there may be tons people scored higher than you.

Marc Faber predicted it three years ago http://en.wikipedia.org/wiki/Marc_Faber#cite_note-19 Faber has been long term bearish about the American economy for a number of years and continues to be so. He concluded his June 2008 newsletter with the following mock quote: "The federal government...

by US I meant Wall St. so I told him the disadvantages of SG.

the OP was comparing US vs SG.

hedge fund as a industry does not exist in Singapore. One can't make a career in hedge fund working in Singapore. I hope this is clear.

sorry for the language. I meant, most of the jobs in Singapore are middle/back office IT jobs. there are no great programmers working in these banks.

you will not learn anything about hedge funds if you work in Singapore. it is a big middle/back office center for investment banks. Singapore is a tourist city and it will remain like that for some time. You will not be able to hire even a good programmer if you need one. better get a job in...

http://www.cnn.com/2011/CRIME/08/16/maryland.flash.mob/index.html?hpt=hp_t2 this is the quality of life you are talking about

Have you looked at http://www.amazon.com/Derivatives-Markets-2nd-Robert-McDonald/dp/032128030X/

if you have $$$$ then you can take some classes from http://www.quantinsti.com/contactus.php

try to get an internship in in Mumbai. there are lot of investment banks credit suisse, barclays, nomura, ms ... doing quant dev work in mumbai and pune.

There will be more rioting.

http://www.cnn.com/2011/WORLD/europe/08/11/ukriots.accused/index.html?hpt=hp_c1 Before they started appearing in court, most people assumed London's rioters and looters were unemployed youths with no hope and no future.So there was much surprise when details of the accused began to emerge, and...

BAC vs Lunch at the NYSE

Move to Omaha. BUFFETT: "In Omaha The US Is Still Triple A" Read more: http://www.businessinsider.com/buffett-in-omaha-the-us-is-still-triple-a-2011-8#ixzz1UGieRfsB

http://fixprotocol.org/discuss/

Fake Apple stores found in Kunming city, China http://www.bbc.co.uk/news/technology-14236786

check http://fixprotocol.org/

Goldman to Embark on Hiring Spree in Singapore http://www.foxbusiness.com/markets/2011/06/27/goldman-to-embark-on-hiring-spree-in-singapore/

is the pen comfortable to write? it looks very big.

you are already working for DE Shaw. try to move to trading groups within DEShaw

Wall Street Recruits U.S. War Veterans as Financial Jobs Decline Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/06/23/bloomberg1376-LN9D7W0D9L3601-6UGAIJNG2R9ER1BRNVCS2P9MHA.DTL#ixzz1QCy4AyVW

programming genius may show at an early age, whereas software design genius tends to take more time to ripen. from page 3 of the book http://techbus.safaribooksonline.com/book/programming/cplusplus/0201704315

try to rent/share your apartment. you can save some money. http://www.airbnb.com/

If you want to sell iron condors then watch video by http://www.optionsnerd.com/OptionsRepairsDVD.htm One bad month will kill you.

Bank Of America to Shutter Bond Prop Desk http://blogs.wsj.com/deals/2011/06/10/bank-of-america-to-shutter-bond-prop-desk/

can you post some links. I have not read any such stories.

expect some riots in the US also CNN's Jack Cafferty notes that a number of voices are saying that - if our economy continues to deteriorate (which it very well might) - we are likely headed for violence, and civil unrest is a growing certainty...

The former Special Inspector General for TARP also noted that S&P says the next round of bailouts will cost $5 trillion just in up-front costs, and that enormous pressure is being put on Wall Street executives to take giant, company-bankrupting risks...

http://www.iretireearly.com/1-4-trillion-indias-black-money-stashed-in-swiss-banks.html now you know from where the money is flowing.

now you are thinking it is cool to work in quant finance:cool:

I doubt you will get real time option data for free. Which option series you will get for MSFT.X? If they give you all the greeks etc. for all strikes and all months and all years listed, it will be few megabytes of data.

Do you think NY is cleaner than HK?

?????:cool:

One need not get into MIT Finance to learn programming skills. You can learn any programming language in two weeks. (Ask any Indian IT guy in wall street.) Learn it before going to MIT. It is waste of time and money to learn basic C++ or VBA at MIT.

he wants to convert $3000 to $3,000,000

If your undergraduate degree is in computer science then you need not worry. You should be able to get some quant/IT developer position.

@Tsotne Instead of looking at the table of contents, please read the 80 customer reviews and look at their ratings. The original poster wants to make money, not gain some knowledge on options.

If you want to work in finance in the future, then you better study finance now.

@Siddharth Singh you will not make any money reading these books Which university recommends these books to their MBA students? must be tier-4 or tier-5 MBAs read these books

and here is another IIT alumni caught in insider case. http://www.businessinsider.com/rajat-gupta-called-raj-rajartnam-as-soon-as-he-discovered-berkshire-hathway-investment-2011-3

http://www.amazon.com/Options-Strategic-Investment-Lawrence-McMillan/dp/0735201978/

post your resume in http://www.efinancialcareers.com/ you will know the answers.

1. Creating objects does not affect the performance of a C++ program. The constructor is just a function call. 2. There is no GC in C++.

read the article The Options Genius by Espen Haug http://www.wilmott.com/pdfs/010721_collector_01.pdf

to get a Indian work permit, you need to find a job which pays around $25K/year

India

we have already recovered. US stock indices have almost reached their 2008 highs.

have you looked at http://riskdoctor.com/best-selling-options-trading-training-software-and-products/books-training-software/options-trading-book-ebook-combo-2/

two grads out of 1690 grads

andy, where is the original link? you are posting as if you attended the interview. here is the original link with answers http://news.efinancialcareers-norway.com/newsandviews_item/newsItemId-29858

to get into finance

replace China with India, and it is the same story. A plumber and a average software engineer makes the same.

only on the first day they were talking about plumbing software. we don't know what happened on the second day of the trial.

How do you know he is innocent? Just because he has three daughters. Even Madoff has three daughters.

if you are planning to go back to SG, then you should seriously think about the job prospects for Ph.D in SG. There are very few entry level quant positions.

if it is a university policy then you can't do anything. the problem is, if they give a parking spot to you then they have to give it to all adjunct professors

he did not take this decision in a moment. he was sitting at home for several months talking to all hedge funds in NY and decided to join who offered him the most for the stolen code.

he shared the details with you also?;) why do you feel sorry for him? do you feel sorry for Madoff also? only if you have written some serious code you will know how it feels when someone copies it and uses it as if he wrote it. companies take years and spend millions of dollars to develop some...

he shared the details with FBI also. One of the calls he received was from an undercover FBI agent, and Agrawal was toast. http://www.businessinsider.com/samarth-agrawal-soc-gen-trade-secrets-defense-someone-pushed-me-aside-typed-it-into-my-computer-2010-11

CIS programs are designed to expose you to computer science. They are not supposed to teach you algorithms or programming. They may be teaching scripting languages and SQL and how to use some software. After completing CIS program you are supposed to know how to use a computer/software, not...

Between June and November 2009, AGRAWAL met repeatedly with the Tower partners and other employees of Tower. During those meetings, AGRAWAL disclosed confidential details of SocGen’s trading system to the Tower representatives http://newyork.fbi.gov/dojpressrel/pressrel10/nyfo111910.htm

India and China have highest level of corruption at all levels. People are exposed to corruptions/scams when they are young. This guy wanted to make fast $$$$. Printing of 1000 pages of prop. code is not an accident...

so you are predicting that there will be a Madoff like scam in India after 20 years.

Jim, may be they closed all those puts. look at the open interest.

As a tourist? This guy will stay in the US (inside a prison)

this guy printed thousands of pages. the security camera recorded the whole thing.

yes. and you buy all returned items.

you are supposed to be impressed by Jim Liew

http://www.webex.com/

S. Korean military drill preceded attack

Not all IIT guys make $$ on Wall Street. Some IIT guys end up in jail also. http://www.businessweek.com/news/2010-11-19/ex-socgen-trader-found-guilty-of-stealing-secrets.html

If 1 year is not enough, then join a 2 year MFE. Even some courses from CS are rarely used. How many people write compilers? How many people program in Assembly? Still CS students learn these. Can you get into top MBA programs without experience? It is their past experience that gets them...

Generally it is difficult to get a person with all the skills you mentioned. So, even if you don't know anything about sybase or cloud computing you can be hired. you can learn these things in a week.

wait. jobs are coming from India http://www.hindustantimes.com/Obama-s-India-visit-will-deliver-jobs-back-home-US-media/Article1-622979.aspx

who is leaving 245 park avenue?

if china goes down then california also will go down http://www.reuters.com/article/idUSTRE68C0TY20100913

uccs also has online courses http://www.uccs.edu/~mathonline/

join the Singapore Quants group in linkedin http://www.linkedin.com/groups?mostPopular=&gid=2451111

have to check efinancialcareers.com.sg there are more quant jobs in hong kong/india than in singapore

I recently found this institute offering algo trading course in India http://quantinsti.com/algotrading.html They charge just $1500. Anybody from India comment on this course?

Have you attended any CQF info/preview sessions? Lot of people ask these questions but they don't get any convincing answer from the speaker.

If you are talking about IT jobs, then you should know C++, ACE, TAO to get a job there.

Citi spent about billion dollar to acquire ATD, but it was two years ago.

he is not working. he is still fighting the case http://www.zerohedge.com/article/ex-goldman-hft-programmer-sergey-aleynikov-indicted-faces-25-years-prison

in most of the banks there will be a camera above every person's head. some banks allow usb drives, but they will keep a copy of the files you write to usb.

Just curious, with a degree in electrical engineering, why did you accept a position with Sabre as a Business Analyst?

Andy mentioned the following in his post: Students must meet MITFCU underwriting requirements as well minimum credit score criteria to be approved for a loan.

may be C programming. they use it extensively

In countries like India, there is no Credit Score. What criteria will they use?

Why do you want to know? Are you going to bail them out?

investment banks in India hire lot of students from this undergraduate program http://www.iitg.ernet.in/maths/acads/btech.php mostly for quant developer positions.

The proprietary trading business turns in part on one’s ability to find the fool -- to find people willing to take the stupid side of the smart bets you are placing. One of the side effects of our seemingly endless financial crisis is to wash a lot of fools, many of them German, out of the game...

Really. Will you consider working in a library for free?

It is difficult to get a clear picture of employment situation based on this news. The bank where I am working they are firing people(non performers from developers to MDs) every week and replacing them with people from other firms. This is going on for the past six months. Most of the guys...

It is already happening. Indian IT vendors like Infosys and HCL are developing expertise in CUDA. People take CUDA classes in India and get jobs in these companies. http://www.nvidia.co.in/page/cuda_consultants.html Infosys is working on the following Converting existing applications to CUDA...

this is for a particular group within IBM (DB2 development). obviously they have to show some results at the end of in internship. the BBA guys GS hired may be doing some clerical jobs.

How many years you need to complete part-time MFE? Your manager agreed to sponsor your MFE?

Are there any MFE programs in the US which don't require GRE scores from experienced applicants. I currently work in IT, and I don't have time to prepare for GRE. I am already busy learning finance and math. I am confident of taking GRE subject test in Math once I brush up my math. But will...