thanks.

sorry for cross posting, but this is kind of urgent -i'm going to start as an associate at a top IB with a two-month training. will i be paid during the training period?thanks!

I'm gonna start as associate in a top IB. At the beginning there is a two-month training. Will I be paid during those months? Thanks!

thanks for your replies. it turns out Ethan is right. my friend was put in a "un-tracked" program so that her year-end bonus would have a higher upward potential. But she's only gonna work for the last 3 months for this year, so the bonus won't be much anyway.

is typical for a front-desk quant in a top IB, before elevating to VP? thanks!

<t>Hi farmer, thanks for your reply. I heard credit is newer and hotter, but what does that mean? is it necessarily a good thing for my career? and i would really appreciate a little bit elaboration of the career path after credit, like why it can lead to coporate finance, and the future after commo...

in a top IB, which group has better potential / anything for a fresh associate?

<t>my friend gets an offer as strategist in a top IBs, (her first job after phd)and the offer does not include a sign-on bonus!! she's kind of pissed off, and wonders if she can ask the firm. however, she doesn't want to leave any bad impression with the firm, as she reallylikes it, and will join it...

Thanks!Is it possible to derive the result through Bayesian probability method?

Thanks for the replies!Does anyone knows how to derive the result using Bayesian probability method?

<t>Sorry for cross-posting, I'm really eager on getting an answer!Here is the question:S follows a Brownian motion with zero drift and constant volatility, i.e. its std dev is sigma*(t^1/2) at time t and sigma is a known constant.we know that at time T, the process has value B. Now we start at time ...

By the way, we assume the brownian motion has zero drift and constant variance, i.e. its volatility at time t is sigma*square_root_of(t), and sigma is a constant.

<t>If S follows a Brownian motion, and we know that at time T, its value is B. Now we start at time 0.What is the probability of the process having value never higher than A during time 0 to T?i.e. what is the probability that the maximum value of the process in time 0 to T is less than A? Assume co...

A stock is now traded at 100. An european binary option that pays off 1 if stock price ends up above 110 (and 0 otherwise) is worth 0.3 now.How much would an American binary option with same strike and payoff function worth?

Is CFA important for quant? heard that many quants think the exams gimmick.