Thanx for all comments. Will be going through your suggested reading soon.

<t>Hi,I'm doing an MFE programme. For the Risk Analyses & Management module, our lecturer follow closely what is covered in Jorion's "Value at Risk: The New Benchmark for Managing Financial Risk". However, I think there are few numerical examples used in this text. I wonder if anyone can recomme...

Why dun simply Normsinv(RAND())?Anyway, whether I use 8, 12 or 16 random numbers generation, the Kurtosis is still far from 3. How to make the Kurtosis around 3?Thanks

<t>I'm currently in similar dilema. However, weightage wise, its 70% vs 30& in favour of NUS.Firstly, the choice is full-time vs part-time. Full-time is more focused while part-time requires more discipline but have less opportunity cost in form $ and loss work experience. The oni option for ful...

<t>The average age at time of admission for NTU grad is 27.. while that of NUS is 31. It's quoted that the mean pay of NUS financial engineering grads upon graduation for its 2002 cohort is SGD115k.. This is probably skewed by the 'few' senior bankers for the program. NTU grads mentioned that their ...

<t>Comparing NTU with NUS financial engineering program, this are my following view.The NTU is more mathematical.. the mathematical modules are electives for the case of NUS. This seems just a surprise concerning the NTU programme is offered throught a business school while the NUS is offered throug...