interesting idea but not gonna fly with hiring managers. I have made people who stated that having the CFA designation did not help them much. At the end of the day, having a good fit background and personality wise is what the hiring managers are looking for.

try using a VBA wrapper function. So Excel calls -> VBA wrapper function, which calls a customized function in a compiled dll file.

<t>Check out this articleMore cuts comingQuoteMore cuts coming26 February 2008 We’ve had redundancies round one. Rounds two, three, four, five and six are waiting in the wings.Financial News has some nasty figures which are likely to encourage anyone who’s been arguing that the ramifications of the ...

I heard Peter Carr also gave a few lectures as guest instructor

Yes, the job market is pretty tight. I and my colleagues we have been getting inquiries from friends and acquaintances about potential openings.

<t>QuoteOriginally posted by: PlasticSaberIn most cases, ABS CDO are loaded with BBB or BB bonds as its asset. When the value of the underlying BBB/BB bond gets wiped out (which corresponds to a single digit loss for most pools), the whole ABS CDO structure will be gone (including the AAA ABS CDOs)....

<t>QuoteOriginally posted by: GillGo Michigan, Baruch is an out of questionnot correct, that is the case with MBA not so with the MFE, which I think is what is referring to. Michigan's placement is quite good but Baruch's placement is better. How I know? I have met grads from all three programs in t...

it is the extra coupon margin that you need to pay on top of the index, usually is the six-month LIBOR rate. The extra margin paid by the mortgage obligor accounts for credit risk, prepayment option held by the obligor, etc

The investor gets a prospectus, which details the structure of the deals (water fall, triggers, credit enhancements, etc.). There are also some summary statistics about the underlying collateral.

I would start out by focusing on the individual loan collateral analyst and how that affect the deals underlying the CMBX index. That would yield the most bang for your efforts.

<t>Agree.The creation of ABX index has allowed a price discovery process to take place. Pre-ABX index, the subprime home-equity ABS was quite an opaque market. As it turned out, the ABX index allowed the bears to express a view in a way that wasn't possible before (except the small and nascent CDS o...

<t>QuoteOriginally posted by: tigermanQuoteOriginally posted by: topjumperI would spend some time on statistics and probability as well depends on how much knowledge you already have. You will definitely get asked on thatYes, I know, I was talking specifically about programmingI think topjumper is p...

<t>Many economists and analysts are forecasting a recovery in the second half of this year. In general, companies haven't expanded as aggresively in the 9/11 economic expansion as in the late 90's boom, so employers haven't had to let go of that many excess staff. So that's a positive going forward....

<t>it is really tough out there. People who are working in the mortgage-related structured finance are trying to hang on to the job. More so than ever, if you have certain competitive advantage (strong product knowledge, cross-discipline skills, C++ knowledge) sharpen it and market it aggresively. T...

If I just start out, ib. A few years down the road, HF or any buyside firm.