Mathematical Finance or Econometrics

JuniorStructurer · August 22nd, 2005, 7:36 pm

Which is considered the better course for an exotic derivatives structuring / trading role?Mathematical Finance or Econometrics and Mathematical Economics?My thinking is that the former is a better degree but the latter might get me more job opportunities as it is at LSE a better insitution. What do you guys think?

quantstudent19 · August 22nd, 2005, 10:29 pm

go for lse and take a stoch calculus course / read some booksthe uni name is always more important than the contents for an MSc

hedgeQuant · August 23rd, 2005, 12:12 am

I agree with quantstudent19. Also my view is that from a purely HF perspective, Econometrics is more valuable than MFE.

Anthis · August 23rd, 2005, 2:08 pm

Any decent MFE program that respects itsself should have at least one module in financial econometrics. Not the other way around. Just my two degrees of freedom...

DominicConnor · August 25th, 2005, 2:16 pm

Would be useful to see the list of topics covered in each. Both are wide subjects.

Anthis · August 25th, 2005, 11:55 pm

You can browse some articles on various volumes of the journal of economic dynamics and control to get some idea of what mathematical economics deals with. Definitely only a subset is strictly finance.