ThanksQuoteOriginally posted by: ChargerbullitAdaptive Analytics (by Sungard) is also pretty good for risk management purposes when it comes to plain vanilla and structured interest rate and fx derivatives. I've been very pleased with it.

You are right, frattyquant. That's why I am looking for some kinda vendor system you mentioned. Any suggestions?

Thanks, acastaldo, that is helpful

Hi, I am wondering if anyone can provide a list of leading risk management services on the street. Considering this for a startup fund, or should I just do it myself? How hard is it to build a risk system for a small fund?Thanks

do u mean sup within a fixed time? i dont think there is a closed form

<t>QuoteOriginally posted by: AlanNot strange at all. Both repoman and fukai have suggested that the integral of yourputative dX process would be infinite. Assuming they are correct, the cumulative managementfee C(T) = 0.20 int_0^T dX would be infinite after one sec of the contract! That would surel...

change the "void " into "int"

<t>QuoteThis is not true. Many times, a masters is a stepping stone towards a PhD and some of your courses can be transferred. Many schools like Dartmouth , Berkeley (the two I have been to) also recommend the masters students to take PhD level courses. Its true that you may only take a sub-set of t...

Thank you very much all your guys.I will think about this more seriously to make a decision.

QuoteThe other thing is that the journey is as important as the destination. I really like this sentence,and yeah, it is true that it seems many guys in math do not know how useful is math outside

<t>QuoteThere are some other posts that you could refer to. I will say this and people can disagree. If you want to head a quantitative research group or trading desk, then you will need a PhD - mainly in Maths, engineering, physics, statistics and have very good knowledge of Finance. But, if you ar...

<t>QuoteOriginally posted by: twofishAre you interested in a Ph.D. in physics or math?If you like physics and/or math and you aren't sure what you want to do, I'd argue that a Ph.D. is a spendid idea provided that you go into the program knowing that you have very little hope of getting an academic ...

anyone?

<t>I am debating between going for a PhD or grabing a job two years later.Now I am a first year graduate student in Computational Finance in Math Depart in Purdue Univ. My undergraduate major is math, however, my programming skill is not that good, which I will make up in the following two years.I d...