Serving the Quantitative Finance Community

Search found 12 matches

by cricket
July 11th, 2012, 4:43 pm
Forum: Programming and Software Forum
Topic: Business criteria for picking a random number generator
Replies: 7
Views: 12863

Business criteria for picking a random number generator

<r>QuoteOriginally posted by: HansiShouldn't the people asking for a new RNG define the criteria?Basics are generically period, means etc. see <URL url="http://www.johndcook.com/Beautiful_Testing_ch10.pdf">http://www.johndcook.com/Beautiful_Testing_ch10.pdf</URL> for a generic high level overview.MT...
by cricket
July 10th, 2012, 1:09 pm
Forum: Programming and Software Forum
Topic: Business criteria for picking a random number generator
Replies: 7
Views: 12863

Business criteria for picking a random number generator

Thanks. We already have few, for example SOBOL, but have been asked to look at others. Hence my question on a critieria for picking one. We are valuing and pricing MBS. Then, if we determine that the new ones won't offer any significant advantage, we may then continue using our existing RNG.
by cricket
July 9th, 2012, 3:00 pm
Forum: Programming and Software Forum
Topic: Business criteria for picking a random number generator
Replies: 7
Views: 12863

Business criteria for picking a random number generator

<t>Good Morning:I have been asked to look at the random number generators within our mortgage pricing software & see if there is a better generator out there. I am examining it from a business perspective, and would appreciate it if people can list out the criteria for picking a random number ge...
by cricket
July 8th, 2010, 1:16 am
Forum: Careers Forum
Topic: Watered down quant positions
Replies: 10
Views: 28724

Watered down quant positions

This is a great question. Hopefully, we can have some good answers from people who have been quants for sometime, and have transitioned to client facing roles.
by cricket
January 18th, 2010, 2:20 am
Forum: Careers Forum
Topic: CQF Maths + Content
Replies: 4
Views: 35042

CQF Maths + Content

<r>linear algebra; calculus; differential; probabilityAlso, you may want to check out Market Risk Analysis: Quantitative Methods in Finance by Carol Alexander: <AMAZON id="0470998008" url="http://www.amazon.com/Market-Risk-Analysis-Quantitative-Methods/dp/0470998008/ref=sr_1_2?ie=UTF8&s=books&am...
by cricket
January 16th, 2010, 8:34 pm
Forum: Careers Forum
Topic: where do jobs in valuation risk or market risk lead to?
Replies: 9
Views: 33684

where do jobs in valuation risk or market risk lead to?

<r>QuoteOriginally posted by: PadawanYou may find this thread useful: <URL url="http://www.wilmott.com/messageview.cfm?catid=16&threadid=73829Padawan"><LINK_TEXT text="http://www.wilmott.com/messageview.cfm? ... 829Padawan">http://www.wilmott.com/messageview.cfm?catid=16&threadid=73829Padawa...
by cricket
January 13th, 2010, 3:42 am
Forum: Careers Forum
Topic: where do jobs in valuation risk or market risk lead to?
Replies: 9
Views: 33684

where do jobs in valuation risk or market risk lead to?

Thanks. I am finding out that a majority of jobs in Finance are quite boring. I was hoping that market risk would be different, but on the flip side, it would be more interesting than working in operations.
by cricket
January 10th, 2010, 10:05 pm
Forum: Careers Forum
Topic: where do jobs in valuation risk or market risk lead to?
Replies: 9
Views: 33684

where do jobs in valuation risk or market risk lead to?

That is the natural progression of all jobs. But my question concerns on how you get there!!
by cricket
January 10th, 2010, 8:21 pm
Forum: Careers Forum
Topic: where do jobs in valuation risk or market risk lead to?
Replies: 9
Views: 33684

where do jobs in valuation risk or market risk lead to?

<t>We know the career paths of associates in investment banking or sell-side research. Any idea about the positions in securities valuation or market risk analysis? There are much talk about Goldman rotating people between its risk & trading desk. Can a position in market risk lead to a position...
by cricket
November 6th, 2007, 7:30 pm
Forum: Careers Forum
Topic: Tim Falcon's 'Heard on the Street' a good representation of interview questions?
Replies: 7
Views: 63968

Tim Falcon's 'Heard on the Street' a good representation of interview questions?

Between Tim's book & Vault's guide to the Advanced Finance Questions, which will you pick? thanks,
by cricket
October 29th, 2007, 6:40 pm
Forum: Careers Forum
Topic: Become quant or not? Advise please
Replies: 13
Views: 66580

Become quant or not? Advise please

<t>I am in a similar position, going through the interview process at this time. Hopefully learn enough about derivative pricing - add value in return - to become a user of models down the road aka FO position. Can someone talk about the next steps in career progression from this role? I don't hate ...