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Besides the technical skills, you should either have interesting ideas or access to some proprietary data.

Does anyone know what percentage of submitted papers are published in the top three finance journals?

Hi everyone! Objective: Planning to work in industry. Programming Experience: SAS, MATLAB, SQL Current Work: PhD student Intended Pace: As fast as I can.

It is not possible.

Yes I got a confirmation e-mail, I also received an e-mail on September 29th. I'll write a pm about this.

When do you think the next group will start and how can I learn my group number? I am sorry, but I don't think I received or noticed the e-mail you sent on October 24th.

This is one of the most downloaded twentyfive articles in Sciencedirect: http://www.sciencedirect.com/science/article/pii/S0304405X98000270 Abstract Recent empirical research in finance has uncovered two families of pervasive regularities: underreaction of stock prices to news such as earnings...

There is an interesting article about this on SSRN: Global, Local, and Contagious Investor Sentiment http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1364911&rec=1&srcabs=962706

Next year around this time I will be ready to graduate from a finance Phd program. In my department they expect us to get jobs in academia, so I don't know much about getting a job in private sector process. I am not even sure when I should start sending applications or contact headhunters, 6...

Any suggestions?

Thank you both. I will buy the last US edition and share my experience later here.

I am working on Hull's chapters from FRM's website and I want to buy the buy solutions manual, but there several editions. The cover of book on FRM's website looks like the last version but it says 2006 edition. Does anyone know which edition FRM is using ? Also is there much difference...

I have been working on PRM exam, but in most of the ads I read FRM is being mentioned (although there is "etc.") I am wondering now if I should wait till fall and take the FRM exam.

I have the first book. It is a good book with quite a number of examples. It has sections on portfolio theory etc. If you are new to this area it will give you a good basis.

So now I know the job descriptions do not matter much but as a finance Phd student I am trying to figure out on which part of the trading process I could be more useful. That's is why I have another question, if you please. Do some of these jobs require less C++ skills than developer positions...

Thanks Andy, once again the perfect explanation...

I got questions about Mark Joshi's job descriptions and trading process. So research quant comes up with the new pricing model. Desk quant implements it(does that mean writing the code?) and the trader use these models(or the code)? What does the quant developer do? There is also model...

Yes, both X and Y values are time series. At a given time there are more than one variables(different time series Y1 Y2 Y3) which depend on X values.

no I mean y values depend on x values. y1 + y2 + y3 = a0 + a1x1

I have read enough theoretical proofs etc. I want to solve some questions and see if I really learned this thing or not.

Do we still calculate "b" coefficient matrix as b=inv(x`x)*x`y where x is the matrix of independent variables and y is the matrix of dependent variables.

With all these people switching their careers to finance, I think it is a good idea to switch my career to IT.

I think the question should be "What can someone with knowledge in Finance(I mean Ph.D level) but almost no expertise in C++ can do in Wall St. at Hedge Funds etc.?" I mean what is Finance knowledge good for when you don't know C++? Do you know any people like this?

You found the right place.

I asked a similar question a few weeks ago, most of the answers were implying that I must be crazy that I am interested in Wall St. instead of going into academia.

It is true. It is also not wise to tell your profs that you are thinking of working at industry. Our program director does not care much, but there are profs who would treat you differently.

I am doing Ph.D in Finance. The structure of the program and the courses that I am taking does not give me much chance to apply my knowledge in c++, stochastic calculus and other math topics. So I think I am losing much of my quantitative skills instead of improving them. You guys are...

Hi I am a first year Finance Ph.D student. This semester they are teaching us SAS and MATLAB. I was wondering how important SAS is for Quants. In academia most of the profs use it for empirical research but do you guys also need at work and what for? And maybe someone can compare SAS and...

If A has positive serial correlation and b has positive serial correlation then I would expect to see a correlation. But what if A has negative autocorrelation and B has positive autocorrelation then there would not be much correlation between them I guess.

Sure, I have several friends who want learn more about financial engineering master programs.

Wouw this site rocks, I am so glad that I found this. And yes I am reading their document right now. Thank you all for your advises today

Thanks for that advice but I think what I need to read now is Paul&Dominic's guide. I don't know if they send a copy to me, after reading my useless CV at this point though:)

This is from their website: In addition to courses offered in the finance department, students also take courses and seminars in economics, statistics, econometrics and accounting. Individual programs of study are tailored to the student's interests and prior coursework. Finance Ph.D...

No I will take every course that is required and I will do my best but I want to focus on subjects that I will work on later. It is University of Oregon btw.

I found this ad and it looks like what I want to focus on. The candidate will be responsible for helping to develop methods and tools to discover new trading models in a highly automated way. Must be able to work well in a team and write clear, efficient code. Any of the following...

It is non-ivy and besides I will be taking courses about corporate finance etc also which won't help much for my purposes actually. I checked the book lists and compared their subjects with my curriculum and I don't think I will lack knowledge on any of those stuff. I know that many employers...

Could you elaborate what do you think I will be missing and I need to focus on? I will be studying stochastic calculus, econometrics, derivative pricing, finance theory, financial economics, time series analysis and market microstructure. I would appreciate if someone could give me some topic...

Hi I will start my Ph.D in finance this fall and I want to work as a quant when I finish. What would be your suggestions for me? I am going to work on improving my C++, MATLAB knowledge. Besides this what would you recommend?