hope this helps when i need help myself...
Hi guys,
PS: My plan to see if I like this field or not is as follows: During the summer I will get MS Joshi's book 'Concepts and Practice of Mathematical Finance'. If I am able to teach it to myself(assuming it can be done by an undegrad) and if I like it, I will try to get into the field. Otherwise...well I guess financial engineering is not for me .
Heya Hari!
seems we have some liked interests. altho, i am not an EE major or never thought of it. i found out about Financial Engineering while learning how to do Technical Analysis of stocks...and came about realizing alot of it has to do with math and calculus..etc. so with that in mind, i realized how much i enjoy technical analysis and am looking to become a Chartered Market Technician on top of getting a Masters in Quantitative Finance/Financial Engineering. what i hope by getting through this site is maybe a mentor to guide me.
In my opinion, i think you are on the right track. Not only would i read that book in Mathematical Finance I would read books on Technical Analysis and other books or articles on Finance, economics and how to invest or how to trade. All basic readings, and if you enjoy them and enjoy math.. then FE maybe the career for you as a Quantitative Analyst. but i'm as a novice as you are. I have worked in Finance already on a trading desk as an Asst. Trader and a Treasury Analyst. so i actually am starting school again Full Time this summer and plan on going to SUNY Stony Brook in the Fall of 2009 for their new Quant Finance program.
Also, to be honest with you, i never even thought of reading a "Mathematical Finance" book like you mentioned.. i'm going to Barnes&Noble now, today, to see if i could find one.. (Dont know why i didnn't think of that.. .so thank you!!) thats why i love this forum, we all could help each other... Back to the book... one thing i know for sure.. if you do not find that book interesting, you don't like it or you can't learn it.. do NOT let that be your deciding factor. . learning in a classroom, as you know is a big difference then learning on your own... just b/c you may not like that book wont mean you will not like finance or Financial Engineering..
Relating to you getting an EE and a MBA.. i think you maybe onto something there!!!
many companies also look for Electrical Engineering these days b/c of the similarities AND their are more EE's out there than there are FE's. In my opinion, if you do not do a FE program, I think an EE with an MBA is a fantastic idea...!! please let me know what you decide, as it may help me figure out what to do...
i'm looking to go back to school...(again) full time starting this summer as a Full Time student. i'm 30years old and actualy plan on living in the dorms again.. Yes, i am.. but i hate the idea of living with an 18year old freshman as i will be this adult transfer student. but being that i wouldn't have to worry about other things such as an apartment and paying rent.. i could put all my effort into studying which with this type of degree i think is important.. i plan on getting an Econ/Political Science degree and minor in math... or vice versa or some combination of those... i already have a 130credits towards a Bachelor's in Communications.. so im stepping back to move forward by getting those math credits and improving my GPA.
well, my friend.. good luck to you!
best regards,
jules