<t>Dear Wilmott Forum,Thanks for all the replies. In all honesty, I was just thinking about option trading as a hobby to learn more about mathematics and how to use Mathematica for a pet project. I have a respectable working knowledge of financial accounting and valuation theory and have done full b...

<t>I have a friend that has a very strong background in math and options. He also knows computer programming. I purchased Mathematica software. I know the basics of option pricing and derivatives. I have a basic understanding of delta hedging. Is that what market makers do, delta hedge (and neutral ...

<t>Dear daveangel,Thanks for your quick response. Your vote of confidence and the fact you are a senior member of this forum carries more weight for me than really highly pedigreed professors that may disagree. Lots of the professors that disagree also are very big advocated of efficient market hypo...

<t>Dear Wilmott community,I have a question for the trading community. I do not have the requisite quant background to do stat arb or high frequency trading. However, I really want to work in prop trading desk on sell side. I am planning to attend a top 5 JD MBA program (if I get lucky enough to be ...

<t>KackToodles,To be honest, I dont know the compensation breakdown for prop trading (as it is called) as well as I do for banking. But from what I hear it is definitely lucrative. I could only guess that at the entry level (either post BA or post MBA) it is comparable to investment banking (in term...

<r>Dear DingDing,I am very sorry for disappearing from this discussion forum for such a long time. I was preparing for the CFA level 1 exam in Dec. 2005. I just finished the test a week or so back and now have some spare time. Anyway, here is your best source on investment banking and private equity...

<t>CristianSec,I am very familiar with the MSc in Financial Engineering (Financial Math, etc.) programs in the USA. I am also considering some of the top schools in the USA after I earn an MBA. The program at CMU is very strong and has a good reputation on Wall Street. If you have relevant work expe...

<t>DingDing,Private equity happens to be of great interest to me. I interviewed for a plum position with a middle market PE shop in SF but didn't land the position. Instead I did investment banking for half a year. I know of a couple good websites that you can refer to regarding PE to rise up the le...