Right, I was wondering what to do when my local vol (and mean reversion in case of rate options) is a result of a of calibration; this this case I would have a time-dependent piecewise constant function for local volatility. Thank you for the reply.

So can Fichera domain transformation be used when I don't know diffusion a(x,t), convection b(x,t) etc. coefficient functions (notations are from your paper on ADE)? For example, when I am pricing an option where volatility is a piecewise linear function?Thanks.

Lots of noise and empty promises. Hard to get feedback or to get calls returned.

You don't have to disclose your age to them, at least not in the US, and theyhave no business asking.I had lousy experience with the Optionsgroup in the past and would never use them againin the future.

What are the "generally accepted" ways of modeling skew dynamics in FX?By "generally accepted" I mean something that is used, for example, for tradingin major banks. Pointers to information/research/white papers would bemuch appreciated. Thanks!

I second that. Career office is oriented towards undergrads, and iscompletely useless for people in finmath program. There isn'tany help with the placement from the program people either.Finding the job is up to you.

I don't know UofC's placement statistics, but last year there has been virtually no help with the job search from either the program or the career center.

<t>QuoteOriginally posted by: mjmy first piece of advice would be to do the exercises and computer projects -- reallyknowing one book well is more important than reading many.MJ, thanks for the excellent book.It was by far the most useful book during my job search; in fact, most of the interviewques...

What about Deutsche?

<t>QuoteOriginally posted by: salim000wow! is it really that hard to get a quant job? i am a phd student in cs, but i'm contemplating dropping out and pursuing a ms in math finance instead. the math fin programs all claim decent placement records...what's going on?Let the truth be told? I see most s...

Dates: available immediatelyLocation: US (NYC and east coast, Chicago)Status: Ph.D. (math), completing M.S. in Mathematical Finance (very soon).Industry experience as a statistician and C/C++ programmer.Please send me PM for CV. Thanks.

<r>For me, the problem is getting the interview to begin with! How do you guys manage to get them?Same situation here as OMD: Ph.D. in algebraic geometry, plus M.S. in math. finance (soon), good C programmer. I've started searching for a job in August (in Chicago and NYC), so far only had two not so...

At the risk of sounding cynical, I'd say take it, see how it goes, and keeplooking for something else if you are not happy. I have a feelingthe job market has been picking up only for those whowatch too much TV.

<t>QuoteOriginally posted by: SKYI don't agree with iamine. Although UofC has a good fame in finance, the MF program is held by math department. They seldom interact with b-school. Check the faculty list, I don't find any from finance department. True, however about half of the faculty are employed ...

Thanks for the replies, folks!