Serving the Quantitative Finance Community

Search found 608 matches

by TinMan
November 19th, 2008, 12:29 pm
Forum: Careers Forum
Topic: To those who want to break into finance...
Replies: 36
Views: 53239

To those who want to break into finance...

<t>The key is to be educated in the principles underlying the technology, rather than specialise too soon.In programming that may be OO (I'm not a programmer so i don't know).Likewise if you become educated in a wide range of mathematical tools, and are able to adapt to new ones on the basis of your...
by TinMan
November 13th, 2008, 6:21 pm
Forum: General Forum
Topic: Name & Shame Blame Game
Replies: 53
Views: 53690

Name & Shame Blame Game

<t>This is all very welcome, now if we could get researchers to stop publishing papers which read like they belong in a pure maths journal that would be progress.But if copulas are 'an abomination', why are they on the CQF curriculum?QuoteModule 5Credit Products and RiskCredit risk plays an importan...
by TinMan
November 2nd, 2008, 1:09 pm
Forum: Technical Forum
Topic: Problems extracting caplet volatilities from market -- is there arbitrage opportunities?
Replies: 4
Views: 50392

Problems extracting caplet volatilities from market -- is there arbitrage opportunities?

<t>QuoteOriginally posted by: LateHello TinManAs far as I know ICAP does not provide forward rates that should be used in individual caplet prices.First two colums in ICAP cap matrix are the ATM strike and its corresponding vol, but as far as I know they do not have anything to do with the strike st...
by TinMan
October 18th, 2008, 8:49 pm
Forum: Technical Forum
Topic: Problems extracting caplet volatilities from market -- is there arbitrage opportunities?
Replies: 4
Views: 50392

Problems extracting caplet volatilities from market -- is there arbitrage opportunities?

<t>It is possible your forward rates are incorrect, if I recall correctly ICAP include an ATM forward rate for each expiry. Are you using this or your own forward?How are you dealing with the fact that the underlying changes? Is it valid to assume you can use a vol on 6m Libor to price 3m caplets?Ha...
by TinMan
October 27th, 2006, 12:17 pm
Forum: Careers Forum
Topic: Oxford Masters
Replies: 18
Views: 100473

Oxford Masters

<t>QuoteOriginally posted by: AlanSQuoteIs it fair to ask if these courses are worth the investment? eg the Oxford course is around 20k sterling for two years full time.I did the Oxford 'Mathematical Modelling & Scientific Computing Course" three years ago, and actually got paid £10k + fees by E...
by TinMan
October 26th, 2006, 9:51 am
Forum: Careers Forum
Topic: Oxford Masters
Replies: 18
Views: 100473

Oxford Masters

<t>Is it fair to ask if these courses are worth the investment?eg the Oxford course is around 20k sterling for two years full time.2 years lost earnings, say 60k after tax, so you're probably looking at a cost of 80-100k.Alternatively, you could take the modules without the accreditation while still...
by TinMan
October 26th, 2006, 7:45 am
Forum: Careers Forum
Topic: Oxford Masters
Replies: 18
Views: 100473

Oxford Masters

<t>I don't live in the UK, so the structure of the course is an advantage. Taking 4 days study leave every couple of months for a year ( or spread out over two ) is preferable to taking a year off to study in the UK full time. Actually, when you factor in the lost earnings for a year or two a master...
by TinMan
October 25th, 2006, 11:59 am
Forum: Careers Forum
Topic: Oxford Masters
Replies: 18
Views: 100473

Oxford Masters

<t>Has anyone taken the one year diploma course in Oxford? The structure of the course is interesting, 4 full days every 2 months or so. Completing the diploma is necessary before admission to the Msc. Also, you can take the modules on a stand alone basis for about half the cost, but they are not ac...