Baruch Quant Background Assessment Experience

[Abhijeet Avhale]

Hey guys. I am planning to apply for the Baruch MFE Program and want to prepare for the QBA test. I have a decent background in Mathematics and have studied finance as a hobby for the last few years. I want to discuss what level of questions are usually asked. Are there any sample questions available online? Or if someone had taken the exam before - how was the experience?

I find it easier to prepare for an exam by practicing questions. Is there any question bank to follow (perhaps from any book for each topic - calculus, probability, linear algebra)?

[I didn't find any posts with similar discussion]

 

[MikeLawrence]

Buy Dan Stefanica's pre-mfe books from fepress.org. If you can answer the stuff in there on a moments notice then you're ready.

 

[Abhijeet Avhale]

The two introductory books I found by Dan Stefanica are:
A Linear Algebra Primer for Financial Engineering
A Primer for the Mathematics of Financial Engineering

Both of these seem tailored for financial engineering applications. Are applicants only asked for applied mathematics? Are there any other books I could refer to?

 

[MikeLawrence]

A Primer for the mathematics of FE gives you all the finance knowledge you need as well.

If you go to fepress.org you'll find some other books- brainteasers/interview prep and probability stuff, those are good to cover as well.

 

[Kritin]

Hi,

I’ve reviewed the format, topics, and exam pattern for the Quant Background Assessment (QBA) as part of the Baruch MFE admission process. While I understand the structure and content areas covered, I was wondering if there are any sample questions or previously asked questions available. Any insights into sample questions, similar questions, or previously asked questions for the assessment would be greatly appreciated, as having these would help me prepare better.

Additionally, if you could suggest any books or online resources that you think would be helpful for preparation, I would be very grateful. Thank you!

 

[meowminimeow]

Hey, I want to connect with you, I am too preparing for the test rn too

 

[rdyvptnm]

same here we can form a small group