Advice for prospective student of Financial Mathematics

[DiogoPF]

Hello,

I am 26 years old have an Undergraduate degree in Economics and a Post Graduate degree in Finance. I've worked in the financial sector before but I am currently unemployed for health reasons. I have an interest for Quantitative Finance and I am considering enrolling in a Master's degree in Financial Mathematics while I am recovering. As far as employment is concerned, the programme is great, with every past student getting a job after completion.

The programme includes courses on the following topics (quite standard as far as I know): Measure Theory, Optimization, Real Analysis, Exotic Options, Credit and Market Risk, Partial Differential Equations, Stochastic Calculus, Econometrics of Financial Markets, Models of the Term Structure of Interest Rates, Numerical Methods, etc
However, I do have the concern that the subject of Master's of this kind is too narrow. For example, if in the future the financial sector doesn't hire as much, would the topics covered in such a programme useful for other work areas? Please be free to give your opinions.

Thank you very much

 

[GToul]

Which programme is that?

 

[DiogoPF]

Which programme is that?

I didn't mention the programme because it is only one offered in Portugal, the country where I live. I am not expecting anyone here to know about it.

 

[GToul]

The topic of your post isn't really your question but your background (which is identical to mine). And because this topic has been discussed over and over again in this forum, most probably nobody is going to post an answer. However, you can look around and I assure you, you will find the answer to the actual question (about your background). You can start from my initial post : Economics and Finance are not enough for a career in Quant Finance
As far as your question is concerned, I believe that you should not be concerned about finance stop recruiting, but rather about you not being able to find a hardcore quantitative orientated job, having studied what we have studied. If finance ceases existing, it means that something extremely unpleasant and unlikely to happen, will have happened. Hence, not being able to find a job as a quant will be the least of your concerns.
In case you decide to go through with this msc, you can start from that:
Online Courses :: Datasim.
Cheers

 

[Daniel Duffy]

A background in Economics in general implies lack of expertise in the hard mathematics that is needed for computational finance. This is a pattern I see quite often.