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  1. MasterPUA

    advice for prospective comm/law student please !

    Take the option with the best exit opportunities - Comm/Law. You can move from ibanking into the big 4. You can't move from the big 4 into ibanking. The big 4 cadetship is no where near as glorious as it sounds - any chump can score one of these gigs. Taking a standard BCom degree is...
  2. MasterPUA

    what's best to get into IB

    For corporate finance: Comm/Law at USYD or UNSW. For trading/structuring: Mathematics/Statistics/Actuarial
  3. MasterPUA

    Opinions on various post-grad Finance qualifications?

    None. Smoke some :tree: for the next year. :hippie::hippie::hippie:
  4. MasterPUA

    is it possible to get into an IB with pass-credit GPA?

    Well I was more referring to traders and salespeople. You will find the odd corporate finance guy that doesn't mind what he does (particularly if he has access to a lot of blow)
  5. MasterPUA

    Career in consultancy

    consulting is broadly defined. OP needs to be more specific.
  6. MasterPUA

    Goldman Sachs Intern/Graduate Program

    total comp for GS came out yesterday. The monkey's in IBD are very pissed off. If it wasn't worth working in IBD last year, it is an absolute joke this year.
  7. MasterPUA

    Which 2 majors to start a trade company?

    None (seriously)
  8. MasterPUA

    is it possible to get into an IB with pass-credit GPA?

    I'd say that it's an epic INferiority complex. For these individuals, their sense of worth is tied to a transcript and a looming job offer. This formulaic path in life is well documented by psychologists. IB wannabes have deluded themselves into believing that a particular job will give them...
  9. MasterPUA

    Beware: PwC

    What is transfer pricing? I believe this topic has not been discussed in enough depth on these forums :)
  10. MasterPUA

    Best University for Finance?

    I challenge you to go out and price real world options, if it is indeed 'easy'.
  11. MasterPUA

    Best University for Finance?

    predictions of movements in international money markets does not require MX1. If someone does know what it requires, please let me know.
  12. MasterPUA

    Best University for Finance?

    An understanding of the Black Scholes Model requires knowledge of stochastic differential equations...
  13. MasterPUA

    Best University for Finance?

    This is the best option. Bcom from a Group of 8 uni and then first class honours. This option becomes all the more relevant considering the change surrounding global business.
  14. MasterPUA

    Global Financial Crisis

    La Rouche is a Douche. Of course if we opposed free trade and adopted protectionism, none of this would have happened. It's a little hard to have a financial 'crisis' when no one actually has any money to begin with.
  15. MasterPUA

    Global Financial Crisis

    "Money itself isn't lost or made, it's simply transferred from one perception to another." - Gordon Gekko
  16. MasterPUA

    Global Financial Crisis

    Australian dollars held by foreign nations as a percentage of the total money supply are no where near the levels the US experiences. What would screw the US is a dumping of their currency. The whole 'conversion into gold' effort is a laughable example of Islamic fundamentalism permeating into...
  17. MasterPUA

    Global Financial Crisis

    Probabilistically, a small number of people will always accurately pick future market outcomes. I have discussed this topic with colleagues on many occasions. If you make a public statement regarding future market events, your payoff structure is as follows: 1. You are correct and everyone...
  18. MasterPUA

    Global Financial Crisis

    If all participants could accurately predict what would happen in the future, you would have a much less volatile market that would hover around an equilibrium. You seem to be forgetting that for someone to win money, another person has to lose money. Let's say that every market participant...
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