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Are CQF and GRE sub maths useful?

cccli

Joined
12/18/07
Messages
3
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11
hi,i'm sissie and new here. now i'm a graduate student in peking student(China)and going to apply for fall08 MFE in USA.Ihave a degree in finance engineering with gpa3.3,and a double degree on maths with a very low GPA which is less than 2.8.
now, i wonder if certificate in quantitative finance (pass with high score)and high scores in SUB maths GRE can counter my low gpa?
by the way,i want to know if you guys consider certificate in quantitative as a good certification?or maybe you think it is not very useful.......



{The Certificate in Quantitative Finance (CQF), launched in January 2003, has been designed by Dr Paul Wilmott to provide a high-level training course for individuals working in, or intending to move into, derivatives and risk management. Faced with an ever-increasing range of generalist financial courses, the CQF is unique in its structured approach and commitment to the field of practical quantitative finance. This six-month intensive program consists of thirty-two straight-to-the-point formal evening lectures and other more informal workshops which deliver the necessary knowledge base and skills needed to succeed in this fast-paced working environment. This Certificate provides an in-depth coverage of practical quantitative methods important in today's financial markets. }
 
cccli said:
hi,i'm sissie and new here. now i'm a graduate student in peking student(China)and going to apply for fall08 MFE in USA.Ihave a degree in finance engineering with gpa3.3,and a double degree on maths with a very low GPA which is less than 2.8.
now, i wonder if certificate in quantitative finance (pass with high score)and high scores in SUB maths GRE can counter my low gpa?
by the way,i want to know if you guys consider certificate in quantitative as a good certification?or maybe you think it is not very useful.......



{The Certificate in Quantitative Finance (CQF), launched in January 2003, has been designed by Dr Paul Wilmott to provide a high-level training course for individuals working in, or intending to move into, derivatives and risk management. Faced with an ever-increasing range of generalist financial courses, the CQF is unique in its structured approach and commitment to the field of practical quantitative finance. This six-month intensive program consists of thirty-two straight-to-the-point formal evening lectures and other more informal workshops which deliver the necessary knowledge base and skills needed to succeed in this fast-paced working environment. This Certificate provides an in-depth coverage of practical quantitative methods important in today's financial markets. }
Click to expand...


hi sissie
welcome to the forum, i am new here too, but so cannot comment much on most of your questions, but i would certainly like to tackle the CQF question.
CQF is basically seen as an instrument used by people already in the industry and wanting a shift to areas where they intially could not get, but after their CQF qualification those areas opened up.
So basically, people ALREADY in industry would use them.
That was about CQF, how will it be helpful to your particular profile, should be answered by more senior members of this forum.

Thanks and Regards
Ashish Tare
 
Sissie I think you should consider whether you have the abilities required to work in this extremely competitive field. Not everyone can even get a job if their maths is as bad as yours. Why accumulate more pieces of paper when you're just no good at it?

From what I know (and I have had job offers and am finishing my Masters now, am the top student in my school and have won international prizes as well as had my thesis published) only the very top students globally get positions with the banks/IBs, and there are thousands of people like yourself trying to make it who just aren't good enough. I'm not trying to be mean but you don't sound like someone who is going to be a successful quant with marks like that.
 
I believe Sissie would be a GIRL's name "Trev". Shocking undergraduate marks mean that you're crap at maths and always will be, so trying to specialise in it doesn't exactly make sense.

It was written for the benefit of the many other Chinese/Indian members who have asked the same thing: will the CQF make up for my absence of any maths experience/bad degree. The answer is no it won't because fundamentally you're missing the experience and skills that a 6 month laughable part-time course won't teach you.
 
and a double degree on maths

What's a double degree in maths?? How possible.
 
Who knows? It is China :)

(I'm joking to anyone tempted to yell at me for that)
 
From wiki
"involves a student's working for two different university degrees in parallel, either at the same institution or at different institutions (sometimes in different countries), completing them in less time than it would take to earn them separately. The two degrees might be in the same subject area or in two different subjects. Undergraduate double-degree programs are more common in some countries than others, and are generally found in countries whose higher-education systems follow the British model"
http://en.wikipedia.org/wiki/Double_degree
 
I have failed 2 times in GRE Subject Math exam (2009 & 2011) but it did help me a lot to learn Maths required in quant fin. Very good exam and very useful for admits in Math oriented courses.
 
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