• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

Financial Mathematics vs MFE: Distinguishing between the two?

Financial maths is the most rigorous of the two (and ultimately the most suitable route towards becoming a real quant). From personal experience a large chunk of MFE grads are - at best - mathematically pedestrian. A few weeks ago, I had the pleasure of interviewing a Berkeley MFE grad who couldn't give me the definition of an expectation...
 
Financial maths is the most rigorous of the two (and ultimately the most suitable route towards becoming a real quant). From personal experience a large chunk of MFE grads are - at best - mathematically pedestrian. A few weeks ago, I had the pleasure of interviewing a Berkeley MFE grad who couldn't give me the definition of an expectation...

So are people holding master's degrees in financial mathematics, as a general rule. There isn't enough time to do things rigorously and completely. So corners get cut.
 
Financial maths is the most rigorous of the two (and ultimately the most suitable route towards becoming a real quant). From personal experience a large chunk of MFE grads are - at best - mathematically pedestrian. A few weeks ago, I had the pleasure of interviewing a Berkeley MFE grad who couldn't give me the definition of an expectation...
Does this mean he/she is a shallow learner? That is, completed his program primarily by regurgitating algorithms?
 
Financial maths is the most rigorous of the two (and ultimately the most suitable route towards becoming a real quant). From personal experience a large chunk of MFE grads are - at best - mathematically pedestrian. A few weeks ago, I had the pleasure of interviewing a Berkeley MFE grad who couldn't give me the definition of an expectation...

This is all hogwash. From my experience is the reverse, so you don't really know.
 
Back
Top