Sorry then, I dun have any experience with their PAG.

is this the same as their Financial Modeling Group?

I agree with nortune2, a similar question appears in crack's book. Charge $1.33333333.Use $1.3333333 to buy 1/45 of a share of the stock. If EVER the stock rises to $150, sell that 1/45 of a stock. You will then make a profit of $2, which you use to pay the person who made the bet.

<t>didn't interview with their portfolio analytics group, but interviewed with their financial modeling group. Blackrock seems like a nice enough place. during the interview, i was asked programming questions by every single person (minus one). and i hardly put any programming experience on my resum...

Yea, i agree with you. Beats me too. That's what a trader told me. I can't figure it out as well. Anyone with other ideas?

Can someone please explain to me, in explicit terms, why a delta hedged call is the same as a straddleThanks.

<t>Sounds like you might have the requisite skills, but lack an "in" into the industry. My advice, short of doing a MFE (since I assume that you don't really feel like paying for another masters), is:1) Do lots of self study. The usual books that you hear people mention on this forum, Hull, Rennie B...

Congratulations on your new job. I have not heard of an IB that doesn't it's people during training. So, I think the answer is "Yes, a.s."

Thanks a lot for the advice. Are there books/articles you would recommend me to read? Or whether there are things I can do now to familiarize myself more with the FX market?Thank you in advance.

<t>First of all, I agree with hotone and Gamanti. I definitely agree that one shouldn't be overly concerned by first year comp and instead focus on the bigger picture, i.e. career prospectives, interest in the job etc. Just to answer (one of) achow's question. Only one of the french students is hire...

<t>Could it be possible that I sense some animosity against the French students...? In any case, I believe that the whole discussion was prompted by the question "Basic salary - NYU graduated." Which is why the French students in the program were raised as examples. My summary of the discussion so f...

<t>I say "6 out of 9 French" because that was what was being discussed in the earlier postings, not because I want to single them out. And I'm not saying that there is any "ratio" here, i.e I am not saying that out of 100 french people who attend NYU's program, 67 will be hired as associates. That i...

<t>Hi, I need some advice from you battle-hardened pros out there. I will be soon join a FX desk doing exotics (as a quant). FX is one of the most liquid and biggest out there. So naturally I am very excited. At the same time, I have some queries:1) What are the issues that exotic FX traders have to...

<t>The number of replies to this thread has really grown, given that when I posted last night, I was like the 9th person who posted...Anyways, just to clarify some of the points made:1) The 6 out of 9 french students who were hired as summer associates etc etc are all fresh out from school. None of ...

<t>I must totally agree with Macfly. Everything he said so far is true. I honestly think that our program is better than Columbia's. People that I know at Columbia definitely did not get jobs that were as good as those my classmates at NYU got (even though we are looking for internships). If you kno...