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sriharsha
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September 17th, 2007, 11:06 pm

QuoteOriginally posted by: CuchulainnQuoteanyone that can code can also do math. NOPE, this is not necessarily true IMO. You can learn to code - even badly - but as Marlyn Monroe said, with maths you either got it or you don't got it. And maths is kind of like that. The best programmer I ever met went to to the Music Conservatory in Amsterdam Only a maths-based education teaches you to think analytically and find the essence of your problem.I train two main groups of people 1) CS/IT 2) quants. Worlds apart. If you want a job as a QUANT you must know maths. And there's only one way to learn maths.Edit: SriCeli: Which maths modules does a CS student take in your neck of the woods? Here in Holland the focus is certainly not on maths in most universities.Thanks for just taking a part of my quote and making it sound like something else. Great job bud! Again like said, I was talking about being able to do undergrad level math. Finish reading the rest of my post.
 
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celicara29
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September 18th, 2007, 12:00 am

Well, I posted a link to the CECS curriculum at Louisville Speed Engineering school, that might answer your question about the type of maths. I'll be keeping what you've said about math vs CS in mind and doing some more research, I've found this which looks like a step in the right direction. http://www.math.utk.edu/Undergraduate/u ... r.htmlI'll admit I thought you were full of it when you were saying that a math major could get into CS type jobs, so I looked up some jobs. You're right, most of the jobs state Bachelors in CS or related field, which I'm sure math is one like you've said. Either way, I can't wait to get into some math classes, or hell, anything quantitative.
 
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Cuchulainn
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September 18th, 2007, 5:50 am

QuoteThanks for just taking a part of my quote and making it sound like something elseHow should I have made it sound? I think jawa has summed it up well...
 
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indigoswan
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September 18th, 2007, 6:23 am

With all due respect..In my humble opinion ..this forum seems too much concerned about c++ skills.I am not saying "dont learn c++" but if u know STL and some basics of design patterns that should be OK.For a cs undergrad these should not be too hard to learnBTW lot of stuff in my bank (everything but pricing lib) is not done in c++..Anyway the point is ... delta finance+delta math+delta programming makes more sense for an explorer and cs grads are better equipped to adapt and learn the programming... I would not suggest learning about semaphores to someone who has no clue about stoch vol or girsanov theorem..I am a CS undergrad (had classes on lisp, prolog and contributed a little to open source developement also) without masters/phd... going for quant dev roles was the only bet i could go for.. i went for it.. and thank god it paid off.Anyway i think getting in industry then learning and then crawling your way up is the way forward...It gives you time to think where u want to see yourself in future.. i.e. where to go for phd/mba etc.. But the hard part is getting into inustry... HH are highly unlikely to get something for you.. Everybody prefers masters/phd.. so they have minimum qualification filter.go through networks of friends, seniors, alumani etc disclaimer: i have spent two years in industry.. thats a fraction compared to other gods here..
Last edited by indigoswan on September 17th, 2007, 10:00 pm, edited 1 time in total.
 
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Maelo
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September 18th, 2007, 8:58 am

Indigo:I like the new title of "GOD"...for now on, please refer to me as SIR GOD (bow your head here) OR ELSE!!!!In any case, C++ has I would say, a "natural evolutionary advantage"...you see, I do not really need to understand or follow a subroutine as long as when I ask for Y, it asks me for X & Z..whatever those are, I could call them volatility as my response and time and interest rate as inputs on my main program..very flexible; thus powerful.I used mostly matlab; even it not "main street" here...it sort of "natural" extension for an EE trained guy.I really do not think that the other GODS (some are more powerful & knowledgeable than me) meant that you have to get a degree in math..what really counts is that for be a half-decent quant YOU MUST HAVE THE EQUIVALENT KNOWLEDGE AS (AT MINIMUM) A MS IN MATH.How do you acquire such knowledge is really irrelevant; if you are inside a quant firm...they will know you know...problem is when you want to get in..how do I (say hiring manager) check if you really master something? Ok, having a degree is not 100% assurance of anything BUT at the very least is another piece of evidence.Case in hand: undergrad quantwannabe, CS from Engineering school is good (PRETTY MUCH THE MATH COURSES FROM ANY ENGINEERING SCHOOL ARE TAUGHT BY MATH FACULTY)...much better is the guy gets the degree from CS Math Dept (more math)...suggestions: DONT STOP GET AFTER the BS go get the MS in Financial MATH or Financial Enginering (or by whatever name is called...different schools, different flavors).M
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indigoswan
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September 18th, 2007, 12:36 pm

well... Natural advantage part ... agreed, but as i have mentioned in previous post some experience with STL and design patterns should be fine.About matlab ... me too. (I wanted to jump and clap around with you like teenage girls with matching XYZ but .. )If I am correct you are saying BS, then MS and then quant.What I am saying : BS, then two years in industry, then phd and then quant.One should know what he/she going into.. and two years in industry might help to understand the problems.the title of GOD was not meant for you..
 
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celicara29
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September 18th, 2007, 4:17 pm

Well then what are the math courses I definitely should be taking, aside from the ones sriharsha has already mentioned? I'll take a look at your thread again maelo
 
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celicara29
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September 18th, 2007, 4:34 pm

So I delved a little deeper into this link for the BS in CECS: http://louisville.edu/speed/cecs/new_we ... ndex.shtml (click on the year links for all the courses)I haven't been able to get in touch with the adviser for that department, only the ME department. Basically the students that go to UofL and want to get a degree in CS actually get the degree CECS from the Engineering School. I'm going to get in touch with that adviser and see if it's possible to substitute some math courses, because from what I see I'd probably only need a few more courses that aren't on that curriculum. What do you guys think?
 
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Maelo
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September 18th, 2007, 5:38 pm

QuoteOriginally posted by: indigoswanwell... Natural advantage part ... agreed, but as i have mentioned in previous post some experience with STL and design patterns should be fine.About matlab ... me too. (I wanted to jump and clap around with you like teenage girls with matching XYZ but .. )If I am correct you are saying BS, then MS and then quant.What I am saying : BS, then two years in industry, then phd and then quant.One should know what he/she going into.. and two years in industry might help to understand the problems.the title of GOD was not meant for you.. Ok..as minimum qualification: yes. MS..of course I must agree that, 2 yrs of experience plus PhD better yet.What do you mean I am not a GOD???
 
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indigoswan
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September 19th, 2007, 7:02 am

>What do you mean I am not a GOD??? Dont get upset you are in the queue.. Anyway its up to the santa who gets the toys and..
 
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Cuchulainn
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September 19th, 2007, 7:41 am

QuoteI'm going to get in touch with that adviser and see if it's possible to substitute some math courses, because from what I see I'd probably only need a few more courses that aren't on that curriculum. What do you guys think? Looking at the threads on this forum you will see that many questions have to do with numerical analysis(matrices, integration, interpolation, etc. etc.). So NA fundamentals would not do any harm at all.
Last edited by Cuchulainn on September 18th, 2007, 10:00 pm, edited 1 time in total.
 
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celicara29
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September 19th, 2007, 3:54 pm

Ok thanks I'll look into that as well My Hull book finally arrived, I'm pretty excited about that. But whether or not I'll understand any of it, that's another question altogether. I also got a Precalculus book so I can get on a calculus level, I remember some from Calculus but nothing from precal.
 
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Maelo
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September 19th, 2007, 10:38 pm

Celi:I do not know which of the (all excellent) Hull's textbook you have, but based on what you have told, the one you needed was:Fundamentals of Futures and Options Markets and Derivagem Package (6th Edition) (Hardcover) by John C. Hull (Author).Book DescriptionUpdated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street, this book presents an accessible overview of the topic without the use of calculus. Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples. For professionals with a career in futures and options markets, financial engineering and/or risk management.
Last edited by Maelo on September 19th, 2007, 10:00 pm, edited 1 time in total.
 
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celicara29
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September 20th, 2007, 3:17 am

Yeah I read something similar to that in that Bret Jiu guy's book, but that was after I ordered it.I'm sure it'll be fine though, I'm starting with Precalculus and will move on to calculus of course and then I'll be able to understand the book pretty well I imagine. I've taken calculus before but that was a while back.
 
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quantmeh
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September 20th, 2007, 11:29 am

to b honest, Hull's too early. the most u can get from his book, at this stage, is an illusion of understanding something.